8117 Ney Avenue Oakland, CA 94605
Well-maintained fourplex with gated parking, individually metered utilities, and a mix of 2- and 3-bedroom units.
- Added:
- May 1, 2026
- Days on Market:
- 73
- Last Refresh:
- Jun 24 at 2:10 am
Property Features for 8117 Ney Avenue
General Information
- Standard status
- Active
- Size
- 3,277 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing office Marcus & Millichap (650) 546-1030
Listing date May 1, 2026
Source Exitrealty
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
The property is located in the Oakland neighborhood of Oaklands Eastmont Hills. It offers convenience to MacArthur Blvd and Eastmont Town Center, with public transit nearby and easy access to I580 and I880.
For investors and owner-operators seeking a small multifamily asset with established tenancy, this fourplex provides a straightforward rental configuration and self-contained utility metering for gas and electric. With gated parking and a consistent mix of 2- and 3-bedroom layouts, it can appeal to households looking for additional space while maintaining manageable building operations.
Key Highlights
- 4‑unit multifamily property built in 1947 in the East Oakland area
- Approximately 3,277 SF on a 0.22‑acre lot with 100% occupancy
- Unit mix of spacious 2- and 3‑bedroom units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.3k | $30.60 |
| − Vacancy | −$5.5k | −$1.68 |
| EGI | $94.8k | $28.92 |
| − OpEx | −$28.4k | −$8.68 |
| NOI | $66.3k | $20.24 |
