Craftsman Quadplex with
For Sale
$1,325,000
6437 Telegraph Ave, Oakland, CA 94609
Four distinct apartments offer a mix of studio, one-bedroom, and three-bedroom layouts in a character-rich Oakland building.
Property Size2,674 SF
Price / SF$495.51
Days on Market185
Property Features for 6437 Telegraph Ave
General Information
Standard status
Active
Size
2,674 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Site & Location
Neighborhood
North Oakland
Public Transit
Yes
Units
Unit Mix
1 x 3BR, 1 x 1BR, studios
Multifamily Units
4
Amenities
on-site laundry
garden
patio
seated lounge area
Building Details
Year Built
1908
Buildings
1
Construction
Craftsman
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: May 1
Changed: Nov 1
Last Checked: Oct 31 at 10:09PM
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 JPN Realty
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Investment Insights
Based on property information with market context.
Built in 1908, this Craftsman quadplex contains four apartments ranging from 524 to 970 square feet. The unit mix includes studios, a one-bedroom garden flat, and a three-bedroom upper-floor residence. Original hardwood floors and vintage fireplaces retain period character, while on-site laundry serves the building. Completed improvements include a newer roof, upgraded electrical, and a reinforced foundation.
A rear garden includes established trees, flowering shrubs, an oversized patio, and a seated lounge area. The largest apartment has dedicated stair access to the garden, which is also accessible from the ground-floor flat. Private parking accommodates three to four cars. The property is located at 6437 Telegraph Ave in Oakland.
A rear garden includes established trees, flowering shrubs, an oversized patio, and a seated lounge area. The largest apartment has dedicated stair access to the garden, which is also accessible from the ground-floor flat. Private parking accommodates three to four cars. The property is located at 6437 Telegraph Ave in Oakland.
Key Highlights
- Four apartments range from 524 to 970 square feet
- Unit mix includes studios, a one‑bedroom garden flat, and a three‑bedroom upper‑floor unit
- Built in 1908 with Craftsman details, original hardwood floors, and vintage fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,282
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,225,640
$1.2M
Cap Rate 7%
$875,457
$875.5K
Cap Rate 9%
$680,911
$680.9K
Market Conditions
NOI Build-Up for 2,674 SF
Gross rent
$91.5K $34.20/SF
− Vacancy
−$3.9K −$1.46/SF
EGI
$87.5K $32.74/SF
− OpEx
−$26.3K −$9.82/SF
NOI
$61.3K $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%
$1,225,640
Cap Rate 7%
$875,457
Cap Rate 9%
$680,911
Alternative Uses
Best Use
Multifamily LT 5
$875.5K
$766.0K – $1.02M
NOI $61,282 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$806.6K
$705.8K – $941.0K
NOI $56,462 @ 7.0% cap · market cap 4.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,225
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four distinct apartments offer a mix of studio, one-bedroom, and three-bedroom layouts in a character-rich Oakland building.
Where is this quadplex located?
The property is located at 6437 Telegraph Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Four apartments range from 524 to 970 square feet; Unit mix includes studios, a one‑bedroom garden flat, and a three‑bedroom upper‑floor unit; Built in 1908 with Craftsman details, original hardwood floors, and vintage fireplaces
