Fixer-Upper Triplex with Off-Street
4035 Howe St Oakland, CA 94611
New
4035 Howe St, Oakland, CA, 94611
$799,000
For Sale
$799,000
Triplex with two 2-bedroom units and one 1-bedroom unit, plus an extra-long driveway for off-street parking.
Property Size2,970 SF
Price / SF$269.02
Days on Market6
Property Features for 4035 Howe St
General Information
- Standard status
- Active
- Size
- 2,970 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing Agency
RE/MAX Accord
(510) 915-3235
Listed by
Michael Hughey · License #01099878
(510) 915-3235
Source
Exitrealty
Added: Jul 12 Checked: Jul 17 at 5:37 am
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 RE/MAX Accord
Investment Insights
Based on property information with market context.
This fixer-upper triplex offers a straightforward rental configuration with two 2-bedroom units and one 1-bedroom unit. The property also includes an extra-long driveway designed for off-street parking for multiple vehicles.
Located at 4035 Howe St in Oakland’s Temescal neighborhood, the home is described as just one block from the Piedmont Avenue shopping and dining district. Nearby amenities referenced in the remarks include Temescal Brewery and Mosswood Park, with BART and the Macarthur Corridor noted as minutes away for commuting.
With its three-unit layout and vehicle parking capacity, this property may appeal to investors or contractors looking to restore a classic income property.
Located at 4035 Howe St in Oakland’s Temescal neighborhood, the home is described as just one block from the Piedmont Avenue shopping and dining district. Nearby amenities referenced in the remarks include Temescal Brewery and Mosswood Park, with BART and the Macarthur Corridor noted as minutes away for commuting.
With its three-unit layout and vehicle parking capacity, this property may appeal to investors or contractors looking to restore a classic income property.
Key Highlights
- Fixer‑upper tri‑plex built in 1908 with two 2‑bedroom units and one 1‑bedroom unit
- Extra‑long driveway provides off‑street parking for multiple vehicles
- Located in the Temescal neighborhood, one block from the Piedmont Avenue shopping and dining district
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.0k | $27.60 |
| − Vacancy | −$3.7k | −$1.24 |
| EGI | $78.3k | $26.36 |
| − OpEx | −$23.5k | −$7.91 |
| NOI | $54.8k | $18.45 |
2,970 SF · lease $27.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$782.8K
$685.0K – $913.3K
NOI $54,798 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$724.3K
$633.8K – $845.1K
NOI $50,703 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,579 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with two 2-bedroom units and one 1-bedroom unit, plus an extra-long driveway for off-street parking.
Where is this triplex located?
The property is located at 4035 Howe St Oakland, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fixer‑upper tri‑plex built in 1908 with two 2‑bedroom units and one 1‑bedroom unit; Extra‑long driveway provides off‑street parking for multiple vehicles; Located in the Temescal neighborhood, one block from the Piedmont Avenue shopping and dining district
