Residential Income
4018 Broadway, Oakland, CA 94611
For Sale
New
$2,450,000
The 1922 building has radiant heating and is situated on Broadway in Oakland.
Property Size7,003 SF
Price / SF$349.85
Days on Market2
Property Features for 4018 Broadway
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
Radiant
On Street
Building Details
Building Size
Year Built
Listed By:
Braden Crockett
(714) 345-6206
Source:
Evrealestate
Added: Nov 14
Last Checked: Nov 14 at 2:28PM
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 Braden Crockett
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 4018 Broadway in Oakland, this residential income property was built in 1922 and measures 7,003 square feet. Radiant heating is among the interior features, and on-street parking is noted.
The property sits on the east side of Broadway between 40th and 41st streets. Access from I-580 is via the Broadway South exit.
The property sits on the east side of Broadway between 40th and 41st streets. Access from I-580 is via the Broadway South exit.
Key Highlights
- 7,003‑square‑foot residential income property
- Built in 1922
- Radiant heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,552
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,391,040
$2.4M
Cap Rate 7%
$1,707,886
$1.7M
Cap Rate 9%
$1,328,356
$1.3M
Market Conditions
NOI Build-Up for 7,003 SF
Gross rent
$226.9K $32.40/SF
− Vacancy
−$9.5K −$1.36/SF
EGI
$217.4K $31.04/SF
− OpEx
−$97.8K −$13.97/SF
NOI
$119.6K $17.07/SF
Area
ZIP 94611
Vacancy
4.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,391,040
Cap Rate 7%
$1,707,886
Cap Rate 9%
$1,328,356
Alternative Uses
Best Use
Apartment 5plus
$1.71M
$1.49M – $1.99M
NOI $119,552 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,504 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
5,867
Businesses Nearby
Explore this area
Business Placement
Demographics for 94611, CA
40,262
Population
19,014
Households
2.1
Avg Household Size
44
Median Age
78%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,515
Density / Sq Mi
$176,517
Median Household Income
$105,393
Median Earnings
$2,274
Median Rent
$1,485,000
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Oakland, CA
Properties on Market for Residential income properties in Oakland
Frequently Asked Questions
What type of property is this?
Residential income property - The 1922 building has radiant heating and is situated on Broadway in Oakland.
Where is this residential income property located?
The property is located at 4018 Broadway Oakland, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 7,003‑square‑foot residential income property; Built in 1922; Radiant heating
