Triplex with Four-Bedroom
553 Glenview Ave., Oakland, CA 94610
For Sale
$1,399,000
Three units combine a four-bedroom main home with two one-bedroom apartments, each with a garage.
Property Size3,530 SF
Price / SF$396.32
Days on Market41
Property Features for 553 Glenview Ave.
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
laundry room
fireplace
Front Yard
Building Details
Building Size
Year Built
Listing Agency:
Intero Real Estate Services
(510) 489-8989
Listed By:
Ceasar Brown · License #01005934
(510) 489-7900
Source:
Equityfirstre
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
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 Intero Real Estate Services
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Investment Insights
Based on property information with market context.
This 1940 triplex contains 3,530 square feet across three units. The main residence offers four bedrooms, two bathrooms, a formal dining room, hardwood floors, a laundry room, central heating, and a kitchen with granite counters and stainless steel appliances. Its living room has a vaulted ceiling and fireplace, and the home includes a two-car garage. Each additional apartment has one bedroom, one bathroom, and a one-car garage; both also feature hardwood floors and dining rooms. The end unit has fresh paint and new upstairs carpet.
The property is within walking distance of Lakeshore, Grand Avenue, and Lake Merritt, with shops, restaurants, a theater, a weekend farmers market, and Whole Foods among the cited nearby amenities. The 580 Freeway is a short drive away.
The property is within walking distance of Lakeshore, Grand Avenue, and Lake Merritt, with shops, restaurants, a theater, a weekend farmers market, and Whole Foods among the cited nearby amenities. The 580 Freeway is a short drive away.
Key Highlights
- Three‑unit property totaling 3,530 square feet
- Main residence has 4 bedrooms and 2 bathrooms
- Two additional units, each with 1 bedroom, 1 bathroom, and a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,900
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,000
$1.6M
Cap Rate 7%
$1,155,714
$1.2M
Cap Rate 9%
$898,889
$898.9K
Market Conditions
NOI Build-Up for 3,530 SF
Gross rent
$120.7K $34.20/SF
− Vacancy
−$5.2K −$1.46/SF
EGI
$115.6K $32.74/SF
− OpEx
−$34.7K −$9.82/SF
NOI
$80.9K $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%
$1,618,000
Cap Rate 7%
$1,155,714
Cap Rate 9%
$898,889
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,900 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$1.06M
$931.7K – $1.24M
NOI $74,536 @ 7.0% cap · market cap 5.33%
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
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,282
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Oakland, CA
Properties on Market for Triplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three units combine a four-bedroom main home with two one-bedroom apartments, each with a garage.
Where is this triplex located?
The property is located at 553 Glenview Ave. Oakland, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Three‑unit property totaling 3,530 square feet; Main residence has 4 bedrooms and 2 bathrooms; Two additional units, each with 1 bedroom, 1 bathroom, and a 1‑car garage
