Charming Asset in Prime
For Sale
Contact for pricing
362 Hudson St, Oakland, CA 94618
Rare opportunity in Oakland's Rockridge neighborhood, close to everything.
Property Size3,724 SF
Price / SF$290.01
Days on Market256
Property Features for 362 Hudson St
General Information
Standard status
Active
Size
3,724 SF
Class
C
Property subtype
Multifamily
Zoning
RM-4
Building Details
Year Built
1915
Listing Agency:
Marcus & Millichap - San Francisco
Listed By:
Jon Holmquist · License #01257479
(415) 625-2117
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Marcus & Millichap - San Francisco
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Investment Insights
Based on property information with market context.
Located in a highly desirable area, this property offers convenient access to shopping, restaurants, cafes, and entertainment. Situated in the Rockridge neighborhood of Oakland, it boasts a walk score of 95 and a bike score of 75. The property is near popular entertainment and recreation areas, attracting visitors from surrounding cities. This property presents a unique opportunity to acquire an asset in a prime location with convenient access to employment. The Rockridge neighborhood is known for its weather, boutique cafes, and thriving restaurant scene. The property contains 3,724 square feet of space.
Key Highlights
- Walk score of 95 and bike score of 75.
- Prime location in the Rockridge neighborhood.
- Minutes from shopping, restaurants, cafes, and entertainment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,632
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,572,640
$1.6M
Cap Rate 7%
$1,123,314
$1.1M
Cap Rate 9%
$873,689
$873.7K
Market Conditions
NOI Build-Up for 3,724 SF
Gross rent
$149.7K $40.20/SF
− Vacancy
−$6.7K −$1.81/SF
EGI
$143.0K $38.39/SF
− OpEx
−$64.3K −$17.28/SF
NOI
$78.6K $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%
$1,572,640
Cap Rate 7%
$1,123,314
Cap Rate 9%
$873,689
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$982.9K – $1.31M
NOI $78,632 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,346 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,238
Businesses Nearby
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Business Placement
Demographics for 94618, CA
16,946
Population
7,873
Households
2.2
Avg Household Size
43
Median Age
86%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,061
Density / Sq Mi
$205,552
Median Household Income
$119,347
Median Earnings
$2,742
Median Rent
$1,789,100
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
Frequently Asked Questions
What type of property is this?
Apartment building - Rare opportunity in Oakland's Rockridge neighborhood, close to everything.
Where is this apartment building located?
The property is located at 362 Hudson St Oakland, CA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Walk score of 95 and bike score of 75.; Prime location in the Rockridge neighborhood.; Minutes from shopping, restaurants, cafes, and entertainment.
