4-Unit Multifamily
For Sale
$950,000
3425 Wilson Ave, Oakland, CA 94602
A three-bedroom, two-bathroom flat is expected to be vacant at closing, and two units are vacant or set to vacate by then.
Property Size3,956 SF
Price / SF$240.14
Days on Market9
Property Features for 3425 Wilson Ave
General Information
Standard status
Active
Size
3,956 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1967
Listing Agency:
Anthony Lopez, Calpremiere Inc
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Oct 7
Changed: Oct 15
Last Checked: Oct 14 at 10:33PM
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 Anthony Lopez, Calpremiere Inc
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1967 and contains 3,956 square feet. Its designated owner's unit is a three-bedroom, two-bathroom flat that is expected to be vacant at closing. Two of the four units are vacant or will be vacated by the close of escrow.
The property is adjacent to Oakland's Dimond District. Showings are available by appointment.
The property is adjacent to Oakland's Dimond District. Showings are available by appointment.
Key Highlights
- Four‑unit multifamily property with 3,956 square feet
- Built in 1967
- Three‑bedroom, two‑bathroom flat expected to be vacant at closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,531
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,620
$1.7M
Cap Rate 7%
$1,193,300
$1.2M
Cap Rate 9%
$928,122
$928.1K
Market Conditions
NOI Build-Up for 3,956 SF
Gross rent
$159.0K $40.20/SF
− Vacancy
−$7.2K −$1.81/SF
EGI
$151.9K $38.39/SF
− OpEx
−$68.3K −$17.28/SF
NOI
$83.5K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,620
Cap Rate 7%
$1,193,300
Cap Rate 9%
$928,122
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.13M – $1.51M
NOI $90,663 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,531 @ 7.0% cap · market cap 8.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - A three-bedroom, two-bathroom flat is expected to be vacant at closing, and two units are vacant or set to vacate by then.
Where is this quadplex located?
The property is located at 3425 Wilson Ave Oakland, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 3,956 square feet; Built in 1967; Three‑bedroom, two‑bathroom flat expected to be vacant at closing
