Oakland Mixed-Use Investment
For Sale
$1,499,000
3558 Maple Ave, Oakland, CA 94602
Mixed-use property in Dimond District with diverse income streams.
Property Size5,127 SF
Price / SF$292.37
Days on Market141
Property Features for 3558 Maple Ave
General Information
Standard status
Active
Size
5,127 SF
Property subtype
Commercial
Building Details
Year Built
1919
Listing Agency:
WINKLER REAL ESTATE GROUP
(510) 528-2200
Listed By:
LAURA MARTELL
Source:
Corcoran
Added: Mar 25
Changed: Jul 6
Last Checked: Aug 11 at 7:39AM
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 WINKLER REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This mixed-use property is located in the Dimond District of Oakland. The 8-unit property generates approximately $115,000 in annual income. The unit mix includes three studio apartments, two 2 bed/1 bath units, one 3 bed/1 bath apartment, a detached 3 bed/1 bath house, and a restaurant space. The property is situated in a high-traffic corridor and benefits from residential demand and established local businesses. The varied unit mix creates multiple income streams and long-term upside potential through rental growth and potential repositioning. The property is in a sought-after neighborhood with a strong community feel, walkability, and convenient access to shops, dining, and transportation. The property size is 5127 square feet.
Key Highlights
- Generates approximately $115,000 in annual income.
- Located in the highly desirable Dimond District of Oakland.
- Diverse unit mix including residential and commercial (restaurant) spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$113,973
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,279,460
$2.3M
Cap Rate 7%
$1,628,186
$1.6M
Cap Rate 9%
$1,266,367
$1.3M
Market Conditions
NOI Build-Up for 5,127 SF
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.
Gross rent
$160.0K $31.20/SF
− Vacancy
−$8.0K −$1.56/SF
EGI
$152.0K $29.64/SF
− OpEx
−$38.0K −$7.41/SF
NOI
$114.0K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,279,460
Cap Rate 7%
$1,628,186
Cap Rate 9%
$1,266,367
Alternative Uses
Best Use
Specialty Retail
$1.63M
$1.42M – $1.90M
NOI $113,973 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$1.55M
$1.35M – $1.80M
NOI $108,257 @ 7.0% cap · market cap 7.22%
Theoretical Best
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,499 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
937
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Dimond District with diverse income streams.
Where is this mixed-use property located?
The property is located at 3558 Maple Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Generates approximately $115,000 in annual income.; Located in the highly desirable Dimond District of Oakland.; Diverse unit mix including residential and commercial (restaurant) spaces.
