Occupied Multifamily
For Sale
Contact for pricing
548 105th Avenue, Oakland, CA 94603
Multifamily asset reporting full occupancy and a 7.95% capitalization rate.
Property Size10,478 SF
Price / SF$271
Days on Market61
Property Features for 548 105th Avenue
General Information
Standard status
Active
Size
10,478 SF
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$226,693
Additional Details
Cap Rate
7.95%
Building Details
Units
14
Listing Agency:
Matthews
Listed By:
Logan Stone · License #02388966
Source:
Crexi
Added: Aug 18
Changed: Oct 2
Last Checked: Oct 16 at 7:25AM
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 Matthews
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Investment Insights
Based on property information with market context.
This multifamily property is located at 548 105th Avenue in Oakland, California. The asset is reported as 100% occupied and carries a stated 7.95% cap rate, providing key operating metrics for review by multifamily buyers. The property is identified within the broader residential income property category.
Key Highlights
- 100% occupied multifamily property
- 7.95% cap rate
- Located at 548 105th Avenue, Oakland, CA 94603
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$198,494
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,969,880
$4.0M
Cap Rate 7%
$2,835,629
$2.8M
Cap Rate 9%
$2,205,489
$2.2M
Market Conditions
NOI Build-Up for 10,478 SF
Gross rent
$384.8K $36.72/SF
− Vacancy
−$23.9K −$2.28/SF
EGI
$360.9K $34.44/SF
− OpEx
−$162.4K −$15.50/SF
NOI
$198.5K $18.94/SF
Area
ZIP 94603
Vacancy
6.20%
Lease Rate
$36.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,969,880
Cap Rate 7%
$2,835,629
Cap Rate 9%
$2,205,489
Alternative Uses
Best Use
Apartment 5plus
$2.84M
$2.48M – $3.31M
NOI $198,494 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.06M
$2.67M – $3.57M
NOI $213,965 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily asset reporting full occupancy and a 7.95% capitalization rate.
Where is this multifamily property located?
The property is located at 548 105th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 100% occupied multifamily property; 7.95% cap rate; Located at 548 105th Avenue, Oakland, CA 94603
