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    Three-Unit Multifamily Property Title is generated by Realmo AI

    4114 E 17th Street, Oakland, CA 94601

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    For Sale
    $675,000

    Three-unit Oakland building with individually metered gas and electric and a unit mix ranging from 1BD to 3BD.

    Type:Multi Family
    Property size:
    1,726 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $391/SF
    Added:
    May 21, 2026
    Days on Market:
    39
    Last Refresh:
    Jun 26 at 1:54 am

    Property Features for 4114 E 17th Street

    General Information

    Standard status
    Active
    Size
    1,726 SF
    Lot size
    0.05 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1915

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    Eymon Binesh

    Listing office Marcus & Millichap

    Listing date May 21, 2026

    Source Exitrealty

    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 Marcus & Millichap

    HighLights

    • 3‑unit multifamily in the Fruitvale area, built in 1915
    • Approx. 1,726 SF on a 0.05‑acre lot with 100% occupancy
    • Unit mix: one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA
    • Individually metered gas and electric; master metered water
    • Street parking available
    • Convenient access near Fruitvale BART and International Blvd, plus I‑580 and I‑880

    Overview

    Built in 1915, this three-unit multifamily property totals approximately 1,726 SF on a 0.05-acre lot. The tenant-ready unit mix includes one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA unit. Utilities are separately metered for gas and electric, with master-metered water, and street parking is available.

    The property is described as located in Oakland’s Fruitvale area within a highly walkable neighborhood. It is positioned near International Blvd, Fruitvale Public Market, and Fruitvale BART, with neighborhood retail nearby. The listing also notes convenient access to I-580 and I-880.

    For buyers or operators, the property offers a straightforward 3-unit structure with a diversified bedroom mix across the building. With gas and electric individually metered, it can be practical for managing utility responsibility at the unit level while maintaining master-metered water for overall building utility tracking. The unit mix supports a range of household needs, from smaller 1-bedroom setups to larger 3-bedroom occupancy.

    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 $59.0k $34.20
    − Vacancy −$2.5k −$1.44
    EGI $56.5k $32.76
    − OpEx −$17.0k −$9.83
    NOI $39.6k $22.93
    1,726 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $565.5K
    $494.8K – $659.8K (±1% cap)
    NOI $39,585 @ 7.0% cap · market cap 5.86%
    Second Best
    Apartment 5plus
    $525.0K
    $459.4K – $612.5K (±1% cap)
    NOI $36,750 @ 7.0% cap · market cap 5.44%
    Theoretical Best
    Office A
    $703.5K
    $615.6K – $820.8K (±1% cap)
    NOI $49,248 @ 7.0% cap · market cap 7.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2146081
    Latitude
    37.7750828

    FAQs

    What type of property is this?
    Triplex - Three-unit Oakland building with individually metered gas and electric and a unit mix ranging from 1BD to 3BD.
    Where is this triplex located?
    The property is located at 4114 E 17th Street Oakland, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 3‑unit multifamily in the Fruitvale area, built in 1915; Approx. 1,726 SF on a 0.05‑acre lot with 100% occupancy; Unit mix: one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA
    More about this property
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