6-Unit Apartment
For Sale
$1,450,000
Pending
3807 High St, Oakland, CA 94619
Occupied apartment property with on-site laundry, off-street parking, seismic improvements, and a newer roof.
Property Size5,050 SF
Lot Size0.22 Acres
Days on Market100
Property Features for 3807 High St
General Information
Standard status
Pending
Size
5,050 SF
Lot size
0.22 Acres
Property subtype
5 or More Units
Occupancy
100%
Site & Location
Neighborhood
Upper Laurel
Highway Access
Yes
Units
Unit Mix
5 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
6
Amenities
on-site laundry
off-street parking
Building Details
Building Size
5,050 SF
Year Built
1968
Listing Agency:
KW Advisors East Bay
Listed By:
Stephanie Christmas · License #01308253
(510) 461-4663
Source:
Annnewtoncane
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 4 at 10:53PM
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 KW Advisors East Bay
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Investment Insights
Based on property information with market context.
This 6-unit apartment property in Oakland was built in 1968 and contains approximately 5,050 square feet of living space on a 9,400 square foot lot. The configuration includes five 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All apartments are occupied, and the property includes on-site laundry and off-street parking. Recent physical improvements include seismic retrofitting and a newer roof.
Located on High St in Oakland’s Upper Laurel District, the property has close access to 580 and is near retail and services that include restaurants, a microbrewery, grocery, gyms, and a hardware store. The property is also offered as part of a broader portfolio sale that includes several other multifamily assets in Oakland and Berkeley.
Located on High St in Oakland’s Upper Laurel District, the property has close access to 580 and is near retail and services that include restaurants, a microbrewery, grocery, gyms, and a hardware store. The property is also offered as part of a broader portfolio sale that includes several other multifamily assets in Oakland and Berkeley.
Key Highlights
- 6‑unit apartment property built in 1968
- Approximately 5,050 square feet on a 9,400 square foot lot
- Unit mix: five 2 bed x 1 bath units and one 3 bedroom x 2 bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,631
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,132,620
$2.1M
Cap Rate 7%
$1,523,300
$1.5M
Cap Rate 9%
$1,184,789
$1.2M
Market Conditions
NOI Build-Up for 5,050 SF
Gross rent
$203.0K $40.20/SF
− Vacancy
−$9.1K −$1.81/SF
EGI
$193.9K $38.39/SF
− OpEx
−$87.2K −$17.28/SF
NOI
$106.6K $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%
$2,132,620
Cap Rate 7%
$1,523,300
Cap Rate 9%
$1,184,789
Alternative Uses
Best Use
Apartment 5plus
$1.52M
$1.33M – $1.78M
NOI $106,631 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.65M
$1.45M – $1.93M
NOI $115,735 @ 7.0% cap · market cap 7.98%
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
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
680
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
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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 - Occupied apartment property with on-site laundry, off-street parking, seismic improvements, and a newer roof.
Where is this apartment building located?
The property is located at 3807 High St Oakland, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 6‑unit apartment property built in 1968; Approximately 5,050 square feet on a 9,400 square foot lot; Unit mix: five 2 bed x 1 bath units and one 3 bedroom x 2 bath unit
