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Oakland Multifamily Investment Opportunity
For Sale
$795,000

3314 Farnam St, Oakland, CA 94601

Four-unit apartment building in Oakland, CA, built in 1923.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market323

Property Features for 3314 Farnam St

General Information

Standard status Active
Lot size 0.09 Acres
Property subtype Investment

Building Details

Year Built 1923
Units 4
Listing Agency: KW | Oakland
Listed By: Michael Pagones · License #01749383
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 16 Last Checked: Oct 16 at 11:13AM

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 KW | Oakland

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Investment Insights

Based on property information with market context.

Located in Oakland, CA, 3314 Farnam Street presents an investment opportunity for qualified investors. Constructed in 1923, this well-maintained apartment community comprises 4 units. The unit mix includes 1 two-bedroom, two-bathroom unit and 3 two-bedroom, one-bathroom units. Each unit has individual gas and electric meters. Residents benefit from secure, gated access and a shared backyard. There is an opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.

Key Highlights

  • Opportunity to increase cash flow through potential ADU conversion of 3 storage units.
  • Well‑maintained 4‑unit apartment building.
  • Desirable unit mix: 1 large 2‑bed/2‑bath unit and 3 2‑bed/1‑bath units.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,522
Businesses Nearby

Demographics for 94601, CA

54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit apartment building in Oakland, CA, built in 1923.
Where is this quadplex located?
The property is located at 3314 Farnam St Oakland, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Opportunity to increase cash flow through potential ADU conversion of 3 storage units.; Well‑maintained 4‑unit apartment building.; Desirable unit mix: 1 large 2‑bed/2‑bath unit and 3 2‑bed/1‑bath units.
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