Spacious Oakland Apartment
3002 Bona Street Oakland, CA 94601
3002 Bona Street, Oakland, CA, 94601
$1,199,000
For Sale
$1,199,000
5,148 sq ft Oakland apartment building on 9,000+ sq ft lot.
Property Size5,148 SF
Lot Size0.21 Acres
Price / SF$232.91
Days on Market241
Property Features for 3002 Bona Street
General Information
- Standard status
- Active
- Size
- 5,148 SF
- Lot size
- 0.21 Acres
- Property subtype
- 5+ Units / Five or More Units
Building Details
- Year Built
- 1962
Listing Agency
CENTURY 21 Masters
(650) 678-1970
Listed by
Craig Thorson · License #01281044
(650) 678-1970
Source
Compass
Added: Nov 21, 2025 Checked: Jul 19 at 4:46 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Masters
Investment Insights
Based on property information with market context.
This 5,148 sq ft apartment building is located in Oakland on a lot of over 9,000 sq ft. The kitchens are equipped with a gas oven range, refrigerator, and tile countertops; appliances vary by unit. Flooring includes both laminate and tile. A wall furnace provides heating. A security gate enhances safety and privacy. Coin-operated laundry facilities are available. The property is located within the Oakland Unified School District.
Key Highlights
- Expansive 5,148 sq ft Apartment Building.
- Large 9,000+ sq ft lot.
- Security gate for enhanced safety and privacy.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $206.9k | $40.20 |
| − Vacancy | −$7.7k | −$1.49 |
| EGI | $199.3k | $38.71 |
| − OpEx | −$89.7k | −$17.42 |
| NOI | $109.6k | $21.29 |
5,148 SF · lease $40.20/SF/yr · vacancy 3.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,611 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $146,887 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 5,148 sq ft Oakland apartment building on 9,000+ sq ft lot.
Where is this apartment building located?
The property is located at 3002 Bona Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Expansive 5,148 sq ft Apartment Building.; Large 9,000+ sq ft lot.; Security gate for enhanced safety and privacy.
