303 Lee St, Oakland, CA 94610
Three-story multifamily property featuring 25 units in Oakland, California.
- Added:
- Mar 13, 2026
- Days on Market:
- 109
- Last Refresh:
- Mar 16 at 10:57 am
Property Features for 303 Lee St
General Information
- Standard status
- Active
- Size
- 18,720 SF
Building Details
- Year Built
- 1964
Listing office INFINITY INVESTMENTS (510) 380-8101
Listing date Mar 13, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of INFINITY INVESTMENTS
HighLights
- 18,720 rentable square feet with 25 units, featuring a mix of 7 two‑bedroom and 18 one‑bedroom apartments, each with private baths and kitchens.
- 80% of units have been renovated.
- Separate gas and electric meters for each unit.
- 23 parking spaces available.
- On‑site coin‑operated laundry provides additional income.
- No deferred maintenance and in good condition.
Overview
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 | $752.5k | $40.20 |
| − Vacancy | −$33.9k | −$1.81 |
| EGI | $718.7k | $38.39 |
| − OpEx | −$323.4k | −$17.28 |
| NOI | $395.3k | $21.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.256671
- Latitude
- 37.8116222
