Allendale Park Multifamily
For Sale
$825,000
3792 Angelo Ave, Oakland, CA 94619
Four-unit property with modern upgrades and convenient location.
Property Size2,718 SF
Price / SF$303.53
Days on Market247
Property Features for 3792 Angelo Ave
General Information
Standard status
Active
Size
2,718 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Laurel
Building Details
Year Built
1953
Listing Agency:
Real Estate Ebroker Inc
(760) 722-3222
Listed By:
Sammy Gatison · License #01275061
(510) 220-7155
Source:
Exitrealty
Added: Feb 27
Changed: Oct 25
Last Checked: Oct 11 at 4:26AM
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 Real Estate Ebroker Inc
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Investment Insights
Based on property information with market context.
This four-unit multifamily property is located in Allendale Park. It features a mix of two 2-bedroom, 1-bath residences and two 1-bedroom, 1-bath residences. One of the 1-bedroom, 1-bath units has been renovated with modern fixtures, stylish flooring, and recessed lighting. The updated kitchen includes sleek cabinetry and modern countertops. The bedroom features new carpeting, while the living areas have updated flooring. The interiors are freshly painted in neutral tones. On-site amenities include a laundry room and an outdoor patio with BBQ and garden areas. The property is within walking distance of shops, restaurants, parks, and public transportation. The bike score is 57, indicating it is bikeable. The walk score is 88, indicating it is very walkable. The transit score is 53, indicating good transit options.
Key Highlights
- Excellent location: walking distance to shops, restaurants, parks, and public transportation (Walk Score: 88).
- Desirable unit mix: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences.
- One 1‑bedroom/1‑bath unit is fully renovated with modern fixtures, flooring, and recessed lighting.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,290
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,800
$1.2M
Cap Rate 7%
$889,857
$889.9K
Cap Rate 9%
$692,111
$692.1K
Market Conditions
NOI Build-Up for 2,718 SF
Gross rent
$93.0K $34.20/SF
− Vacancy
−$4.0K −$1.46/SF
EGI
$89.0K $32.74/SF
− OpEx
−$26.7K −$9.82/SF
NOI
$62.3K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,800
Cap Rate 7%
$889,857
Cap Rate 9%
$692,111
Alternative Uses
Best Use
Multifamily LT 5
$889.9K
$778.6K – $1.04M
NOI $62,290 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.5K
NOI $57,391 @ 7.0% cap · market cap 6.96%
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?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
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Business Placement
Demographics for 94619, CA
24,867
Population
10,348
Households
2.4
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
8.3 sq mi
ZIP Area
2,996
Density / Sq Mi
$129,879
Median Household Income
$65,351
Median Earnings
$2,131
Median Rent
$997,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with modern upgrades and convenient location.
Where is this quadplex located?
The property is located at 3792 Angelo Ave Oakland, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Excellent location: walking distance to shops, restaurants, parks, and public transportation (Walk Score: 88).; Desirable unit mix: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences.; One 1‑bedroom/1‑bath unit is fully renovated with modern fixtures, flooring, and recessed lighting.**
