Triplex with Front and Back
For Sale
$1,198,000
Pending
5963 MACCALL STREET, Oakland, CA 94609
MULTI_FAMILY - Oakland, CA
Property Size2,296 SF
Lot Size0.10 Acres
Days on Market95
Property Features for 5963 MACCALL STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 2, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 5, Laundry Room, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 7
Parking features
Carport, Off Street, Parking Lot, Assigned
Interior features
Tub w/Shower Over
Exterior features
Back Yard, Front Yard, Side Yard, Landscape Front, Low Maintenance
Appliances
Dryer, Washer
Subdivision
N Oakland
Lot features
Corner Lot, Level, Landscaped
Directions
60th Street to Maccall.
Standard status
Pending
APN
1513686
Size
2,296 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Amenities
shared laundry room
storage room
Building Details
Year built
1961
Number of units
3
Flooring type
Carpet, Wood, Linoleum
Building materials
Stucco
Roof type
Composition
Listing Agency:
KW Advisors East Bay · Keller Williams Realty
(510) 775-1079
Listed By:
David Gunderman · License #01313613
(510) 205-4369
Added: May 7
Changed: Aug 3
Last Checked: Aug 9 at 2:06PM
MLS# 41133841
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Bushrod triplex totals 2,296 square feet across three units in a mid-century, townhouse-like configuration. Unit A is a 2BD/1BA that is tenant occupied. Unit B is a 2BD/1BA delivered vacant with living space below and bedrooms above. Unit C is a 1BD/1BA delivered vacant. Each unit has its own dedicated off-street parking space, including two covered carports. The building also includes a shared laundry room and an adjacent storage room.
Separate gas and electric meters are in place, with one water meter for the building. Construction is stucco with a composition roof, and heating is via wall furnaces. Interiors include a mix of carpet, wood, and linoleum flooring, and a tub with shower over. Exterior features include a front yard, side yard, and back yard with low-maintenance landscaping.
Built in 1961 and served by public water and public sewer, the property provides a straightforward layout for a range of owner-occupant or investment strategies. The backyard offers outdoor flexibility, and there is potential for ADU development subject to buyer investigation.
Separate gas and electric meters are in place, with one water meter for the building. Construction is stucco with a composition roof, and heating is via wall furnaces. Interiors include a mix of carpet, wood, and linoleum flooring, and a tub with shower over. Exterior features include a front yard, side yard, and back yard with low-maintenance landscaping.
Built in 1961 and served by public water and public sewer, the property provides a straightforward layout for a range of owner-occupant or investment strategies. The backyard offers outdoor flexibility, and there is potential for ADU development subject to buyer investigation.
Key Highlights
- 2,296 SF triplex built in 1961 with three townhouse‑style units
- Unit A 2BD/1BA tenant occupied; Unit B 2BD/1BA vacant; Unit C 1BD/1BA vacant
- Dedicated off‑street parking for each unit plus two covered carports
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,619
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,052,380
$1.1M
Cap Rate 7%
$751,700
$751.7K
Cap Rate 9%
$584,656
$584.7K
Market Conditions
NOI Build-Up for 2,296 SF
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.
Gross rent
$78.5K $34.20/SF
− Vacancy
−$3.4K −$1.46/SF
EGI
$75.2K $32.74/SF
− OpEx
−$22.6K −$9.82/SF
NOI
$52.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,052,380
Cap Rate 7%
$751,700
Cap Rate 9%
$584,656
Alternative Uses
Best Use
Multifamily LT 5
$751.7K
$657.7K – $877.0K
NOI $52,619 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$692.6K
$606.0K – $808.0K
NOI $48,480 @ 7.0% cap · market cap 4.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,244
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Bushrod triplex with three units, front and rear yards, and dedicated off-street parking with two covered carports.
Where is this triplex located?
The property is located at 5963 MACCALL STREET Oakland, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: 2,296 SF triplex built in 1961 with three townhouse‑style units; Unit A 2BD/1BA tenant occupied; Unit B 2BD/1BA vacant; Unit C 1BD/1BA vacant; Dedicated off‑street parking for each unit plus two covered carports
