Two-Building Apartment
For Sale
$850,000
7216 Orral St, Oakland, CA 94621
Five residential units feature separate entrances, off-street parking, and practical layouts.
Property Size3,510 SF
Lot Size0.11 Acres
Price / SF$242.17
Days on Market114
Property Features for 7216 Orral St
General Information
Standard status
Active
Size
3,510 SF
Net Rentable
3,510 SF
Lot size
0.11 Acres
Property subtype
Multi-Family
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
5
Amenities
off-street parking
separate unit entrances
gated perimeter fencing
low-maintenance paved grounds
laundry hookups
fireplaces
Building Details
Buildings
2
Listing Agency:
PMZ Real Estate
Listed By:
Aaron C. West
4841651
Source:
Homesofgreatersacramento
Added: Jun 26
Changed: Oct 1
Last Checked: Oct 16 at 9:06AM
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 PMZ Real Estate
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Investment Insights
Based on property information with market context.
Located at 7216 Orral St in Oakland, this five-unit apartment property comprises approximately 3,510 rentable square feet on a 4,880-square-foot corner lot. The improvements include a single-story duplex and a two-story triplex, with four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit.
Unit interiors include carpeted living spaces, bay windows, ceiling fans, built-in shelving, and fireplaces with tile surrounds. Kitchens are equipped with gas ranges, full-size refrigerators, white cabinetry, wood-plank style flooring, and laundry hookups with window ventilation. Bathrooms feature modern vanities, medicine cabinets, and tiled shower-and-tub combinations. Separate entrances serve the units, while the exterior includes paved grounds, perimeter fencing, and off-street parking.
Unit interiors include carpeted living spaces, bay windows, ceiling fans, built-in shelving, and fireplaces with tile surrounds. Kitchens are equipped with gas ranges, full-size refrigerators, white cabinetry, wood-plank style flooring, and laundry hookups with window ventilation. Bathrooms feature modern vanities, medicine cabinets, and tiled shower-and-tub combinations. Separate entrances serve the units, while the exterior includes paved grounds, perimeter fencing, and off-street parking.
Key Highlights
- Five‑unit property with approximately 3,510 rentable square feet
- Situated on a 4,880‑square‑foot corner lot in Oakland
- Two buildings: a single‑story duplex and a two‑story triplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,114
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,280
$1.5M
Cap Rate 7%
$1,058,771
$1.1M
Cap Rate 9%
$823,489
$823.5K
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$141.1K $40.20/SF
− Vacancy
−$6.3K −$1.81/SF
EGI
$134.8K $38.39/SF
− OpEx
−$60.6K −$17.28/SF
NOI
$74.1K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,280
Cap Rate 7%
$1,058,771
Cap Rate 9%
$823,489
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,441 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$1.06M
$926.4K – $1.24M
NOI $74,114 @ 7.0% cap · market cap 8.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Explore this area
Business Placement
Demographics for 94621, CA
35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value
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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?
Apartment building - Five residential units feature separate entrances, off-street parking, and practical layouts.
Where is this apartment building located?
The property is located at 7216 Orral St Oakland, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five‑unit property with approximately 3,510 rentable square feet; Situated on a 4,880‑square‑foot corner lot in Oakland; Two buildings: a single‑story duplex and a two‑story triplex
