Craftsman Quadplex with
For Sale
$1,325,000
6437 Telegraph Ave, Oakland, CA 94609
Residential Income, Oakland, CA
Property Size2,674 SF
Lot Size0.10 Acres
Price / SF$495.51
Days on Market185
Property Features for 6437 Telegraph Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Laundry Room
Parking features
Side By Side, Off Street
Security features
Security
Interior features
Storage, Shower Stall(s), Tub w/Shower Over
Exterior features
Back Yard, Garden/Play, Side Yard, Entry Gate, Garden, Landscape Back, Low Maintenance, Yard Space
Fencing
Gate, Fenced
Appliances
Dryer, Washer, Gas Water Heater
Subdivision
ROCKRIDGE/N.OAK
Lot features
Level, Back Yard, Garden, Landscaped, Private, Security Gate
Standard status
Active
APN
161424192
Size
2,674 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Zoned
Water source
Public
Amenities
on-site laundry
garden
patio
Building Details
Year built
1908
Flooring type
Tile, Vinyl, Carpet, Hardwood
Building materials
Shingle Siding
Additional Structures
Storage
Buildings
1
Listing Agency:
The GRUBB Company
(510) 339-0400
Listed By:
Victoria Tseng · License #01977600
(510) 387-7006
Added: May 1
Changed: Oct 31
Last Checked: Nov 1 at 3:06AM
MLS# 41132960
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1908, this four-unit Craftsman property combines original architectural details with practical improvements. The unit mix ranges from studios to a three-bedroom top-floor residence, with individual units measuring between 524 and 970 square feet. Hardwood floors, vintage fireplaces, varied flooring, storage, and on-site laundry add functional and character-rich features. Completed work includes a newer roof, upgraded electrical service, and a reinforced foundation.
The property sits at 6437 Telegraph Ave in Oakland’s Rockridge corridor, with a Walk Score of 94, Bike Score of 100, and Transit Score of 66. Downtown Berkeley is identified as ten minutes by bike or thirteen minutes by transit, while U.C. Berkeley is described as two minutes away. The site includes private parking for three to four cars, gated outdoor areas, and a rear garden with established trees, flowering shrubs, an oversized patio, and a lounge area. Garden access is available from the largest unit through a dedicated stair and from the ground-level garden flat.
The property sits at 6437 Telegraph Ave in Oakland’s Rockridge corridor, with a Walk Score of 94, Bike Score of 100, and Transit Score of 66. Downtown Berkeley is identified as ten minutes by bike or thirteen minutes by transit, while U.C. Berkeley is described as two minutes away. The site includes private parking for three to four cars, gated outdoor areas, and a rear garden with established trees, flowering shrubs, an oversized patio, and a lounge area. Garden access is available from the largest unit through a dedicated stair and from the ground-level garden flat.
Key Highlights
- Four units ranging from 524 to 970 square feet
- Built in 1908 with Craftsman details, hardwood floors, and vintage fireplaces
- Completed improvements include a newer roof, upgraded electrical, and reinforced foundation
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
Yes
Paved road access
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-unit residential property with original character, private parking, on-site laundry, and completed roof, electrical, and foundation improvements.
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 units ranging from 524 to 970 square feet; Built in 1908 with Craftsman details, hardwood floors, and vintage fireplaces; Completed improvements include a newer roof, upgraded electrical, and reinforced foundation
