Four-Unit Quadplex with
For Sale
$825,000
Pending
3792 Angelo Ave, Oakland, CA 94619
Residential Income, Oakland, CA
Property Size2,718 SF
Lot Size0.07 Acres
Days on Market219
Property Features for 3792 Angelo Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 5, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 7, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Off Street
Exterior features
Side Yard
Fencing
Fenced
Subdivision
Allendale
Lot features
Corner Lot
Directions
MacArthur to 38th Ave to Angelo
Standard status
Pending
APN
32203095
Size
2,718 SF
Lot size
0.07 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
on-site laundry room
outdoor patio with BBQ and garden areas
Building Details
Year built
1953
Number of units
4
Flooring type
Carpet, Linoleum, Laminate
Building materials
Stucco
Roof type
Rolled Hot Mop
Listing Agency:
Real Estate Ebroker Inc
(760) 722-3222
Listed By:
Sammy Gatison · License #01275061
(510) 220-7155
Added: Jan 25
Changed: Aug 28
Last Checked: Sep 1 at 12:06PM
MLS# 41122034
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1953 quadplex contains 2,718 square feet on a 0.0654-acre lot. The unit mix includes two 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences. One 1-bedroom/1-bath unit has been renovated with recessed lighting, updated flooring, fresh interior paint, contemporary kitchen finishes, and new bedroom carpeting. The property also includes an on-site laundry room, fenced outdoor areas, a side yard, and an entertaining patio with BBQ and garden space.
Located at 3792 Angelo Ave in Oakland, the property is within walking distance of shops, restaurants, parks, and public transportation. Building features include stucco construction, wall-furnace heating, ceiling fans, off-street parking, public water, public sewer, and a rolled hot-mop roof.
Located at 3792 Angelo Ave in Oakland, the property is within walking distance of shops, restaurants, parks, and public transportation. Building features include stucco construction, wall-furnace heating, ceiling fans, off-street parking, public water, public sewer, and a rolled hot-mop roof.
Key Highlights
- 4‑unit property with two 2‑bedroom/1‑bath residences and two 1‑bedroom/1‑bath residences
- 2,718 square feet on a 0.0654‑acre lot
- One 1‑bedroom/1‑bath unit renovated with updated flooring, recessed lighting, fresh paint, and new bedroom carpeting
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
$62,290
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
7.55%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily property offers varied unit sizes, on-site laundry, and an outdoor patio with BBQ and garden areas.
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: 4‑unit property with two 2‑bedroom/1‑bath residences and two 1‑bedroom/1‑bath residences; 2,718 square feet on a 0.0654‑acre lot; One 1‑bedroom/1‑bath unit renovated with updated flooring, recessed lighting, fresh paint, and new bedroom carpeting
