Fixer-Upper Tri-Plex Opportunity

4035 Howe St Oakland, CA 94611

Claim this Listing
New
For Sale
$799,000

MULTI_FAMILY - Oakland, CA

Property size:
2,970 SF
Lot size:
0.09 Acres
Price / SF:
$269/SF
Added:
Jul 10, 2026
Days on Market:
1
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 4035 Howe St

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Tandem
Exterior features
Back Yard, Front Yard, Yard Space
Fencing
Fenced
Standard status
Active
APN
12996141
Size
2,970 SF
Lot size
0.09 Acres

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1908
Flooring type
Wood
Building materials
Stucco

Listing agent Michael Hughey License #01099878

Listing office RE/MAX Accord 505 14th Street Ste. 900, Danville, CA

Listing date Jul 10, 2026

MLS# 41141269 Listing URL

Copyright © 2026 bridgeMLS. 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 fixer-upper tri-plex is offered for sale at 4035 Howe St in Oakland, CA 94611. The property consists of two 2-bedroom units and one 1-bedroom unit, providing a straightforward residential income configuration for an investor or contractor ready to restore the building. An extra-long driveway supports off-street parking for multiple vehicles.

Public remarks indicate the home is approximately one block from the Piedmont Avenue shopping and dining district, with nearby access to Temescal Brewery and Mosswood Park. BART and the Macarthur Corridor are described as minutes away for commuting convenience.

With a total property size listed at 2,970 square feet on a 0.0918-acre lot, this is a classic tri-plex being presented as a restoration opportunity.

Key Highlights

  • Fixer‑upper tri‑plex built in 1908 with classic stucco exterior and wood flooring
  • Unit mix includes two 2‑bedroom units and one 1‑bedroom unit
  • Extra‑long tandem off‑street driveway for multiple vehicle parking

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 (±1% cap)
NOI $54,798 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$724.3K
$633.8K – $845.1K (±1% cap)
NOI $50,703 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,579 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Computer & Electronic Repair Carpet & Flooring Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Travel Agency HVAC Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Tri-plex includes two 2-bedroom units and one 1-bedroom unit, with 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 classic stucco exterior and wood flooring; Unit mix includes two 2‑bedroom units and one 1‑bedroom unit; Extra‑long tandem off‑street driveway for multiple vehicle parking
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