Oakland Triplex with Vacant
3434 California St, Oakland, CA 94602
For Sale
$850,000
Three-unit property with a vacant three-bedroom unit.
Property Size3,500 SF
Price / SF$242.86
Days on Market202
Property Features for 3434 California St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Century 21 Masters
(510) 848-2020
Listed By:
Stan Sullivan · License CA #00757028
(510) 506-6050
Source:
Exitrealty
Added: Apr 24
Changed: Oct 25
Last Checked: Sep 15 at 4:52AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit property is suitable for either an owner-occupied or non-owner-occupied investment. One of the units, featuring three bedrooms and two bathrooms, is currently vacant. This unit includes a large dining room and direct access from an attached garage located on the Redwood Road side of the property. The building also offers a laundry room and a side yard. The property has a bike score of 67, indicating it is bikeable, a walk score of 70, indicating it is somewhat walkable, and a transit score of 52, indicating good transit options.
Key Highlights
- Vacant three‑bedroom, two‑bathroom unit ideal for owner‑occupancy or investment.
- Direct access to the unit from an attached garage.
- Large dining room in the vacant unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,903
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,478,060
$1.5M
Cap Rate 7%
$1,055,757
$1.1M
Cap Rate 9%
$821,144
$821.1K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$140.7K $40.20/SF
− Vacancy
−$6.3K −$1.81/SF
EGI
$134.4K $38.39/SF
− OpEx
−$60.5K −$17.28/SF
NOI
$73.9K $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%
$1,478,060
Cap Rate 7%
$1,055,757
Cap Rate 9%
$821,144
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M
NOI $80,212 @ 7.0% cap · market cap 9.44%
Second Best
Apartment 5plus
$1.06M
$923.8K – $1.23M
NOI $73,903 @ 7.0% cap · market cap 8.69%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
777
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
$1,111,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Oakland, CA
Properties on Market for Triplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with a vacant three-bedroom unit.
Where is this triplex located?
The property is located at 3434 California St Oakland, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Vacant three‑bedroom, two‑bathroom unit ideal for owner‑occupancy or investment.; Direct access to the unit from an attached garage.; Large dining room in the vacant unit.
