Three-Unit Multifamily
4114 E 17th Street Oakland, CA 94601
4114 E 17th Street, Oakland, CA, 94601
$675,000
For Sale
$675,000
Three-unit Oakland building with individually metered gas and electric and a unit mix ranging from 1BD to 3BD.
Property Size1,726 SF
Lot Size0.05 Acres
Price / SF$391.08
Days on Market61
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
Listing Agency
Marcus & Millichap
(650) 546-1030
Listed by
Eymon Binesh · License #02060059
(650) 546-1030
Source
Exitrealty
Added: May 21 Checked: Jul 19 at 5:10 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 Marcus & Millichap
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $39,585 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$525.0K
$459.4K – $612.5K
NOI $36,750 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$703.5K
$615.6K – $820.8K
NOI $49,248 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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
