Single-Story
New
For Sale
$1,050,000
4915 Shattuck Ave, Oakland, CA 94609
The four residences include three two-bedroom layouts and one three-bedroom layout, with select kitchen and bathroom improvements.
Property Size3,136 SF
Days on Market3
Property Features for 4915 Shattuck Ave
General Information
Standard status
Active
Size
3,136 SF
Property subtype
Investment
Site & Location
Neighborhood
North Oakland
Highway Access
Yes
Units
Unit Mix
3 x 2BD/1BA, 1 x 3BD/1BA
Multifamily Units
4
Individually Metered Utilities
water
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,665
Amenities
private patio
Building Details
Building Size
3,136 SF
Year Built
1987
Buildings
1
Stories
1
Units
4
Listing Agency:
Magnify Real Estate
Listed By:
David Katz · License #DRE #01971921
(408) 438-0585
Source:
Elliman
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 30 at 2:08PM
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 Magnify Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Oakland quadplex dates to 1987 and contains four single-story residences: three with two bedrooms and one with three bedrooms, each with one bathroom. Several kitchens and bathrooms have been updated. One residence also has a private patio, and separate water submeters support tenant utility bill-backs. The property is described as outside the City of Oakland’s Rent Adjustment Ordinance based on its construction date; buyers should verify applicability.
Temescal shopping center is directly across the street, while shops, restaurants, and neighborhood amenities along Telegraph Avenue are within walking distance. Highway 24 access is also noted. The property has a Bike Score of 97, a Walk Score of 91, and a Transit Score of 64.
Temescal shopping center is directly across the street, while shops, restaurants, and neighborhood amenities along Telegraph Avenue are within walking distance. Highway 24 access is also noted. The property has a Bike Score of 97, a Walk Score of 91, and a Transit Score of 64.
Key Highlights
- Four residences: three 2BD/1BA units and one 3BD/1BA unit
- Built in 1987; single‑story configuration
- Several kitchens and bathrooms have been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,870
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,400
$1.4M
Cap Rate 7%
$1,026,714
$1.0M
Cap Rate 9%
$798,556
$798.6K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$107.3K $34.20/SF
− Vacancy
−$4.6K −$1.46/SF
EGI
$102.7K $32.74/SF
− OpEx
−$30.8K −$9.82/SF
NOI
$71.9K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,400
Cap Rate 7%
$1,026,714
Cap Rate 9%
$798,556
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$898.4K – $1.20M
NOI $71,870 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$946.0K
$827.7K – $1.10M
NOI $66,217 @ 7.0% cap · market cap 6.31%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,035
Businesses Nearby
Explore this area
Business Placement
Demographics for 94609, CA
23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The four residences include three two-bedroom layouts and one three-bedroom layout, with select kitchen and bathroom improvements.
Where is this quadplex located?
The property is located at 4915 Shattuck Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four residences: three 2BD/1BA units and one 3BD/1BA unit; Built in 1987; single‑story configuration; Several kitchens and bathrooms have been updated
