North Oakland Victorian
825 57th Street Oakland, CA 94608
New
825 57th Street, Oakland, CA, 94608
$995,000
For Sale
$995,000
Legal fourplex featuring one 2BD/1BA owner unit and three 1BD/1BA rental units with a redwood grove backyard.
Property Size2,369 SF
Price / SF$420.01
Days on Market2
Property Features for 825 57th Street
General Information
- Standard status
- Active
- Size
- 2,369 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1907
Listing agency
KW Advisors East Bay
(510) 205-4369
Listed by
David Gunderman · License #01313613
(510) 205-4369
Source
Exitrealty
Added: Jul 20 Updated: Jul 21 at 5:58AM Checked: Jul 21 at 5:58AM
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 KW Advisors East Bay
Investment Insights
Based on property information with market context.
This Victorian-style legal fourplex includes an owner’s unit plus three additional rental units. The owner’s unit is a 2BD/1BA with a spacious living room with coved ceilings, an updated kitchen with quartz counters, and a renovated bath. The primary bedroom is located toward the back of the house and opens to a deck among the redwoods.
The remaining three units consist of one downstairs 1BD/1BA unit and two additional 1BD/1BA units. Outside, one backyard is canopied by the property’s own redwood grove.
The home is positioned in North Oakland with nearby access to Telegraph Avenue and the Temescal dining corridor, and it is described as being in proximity to MacArthur and Ashby BART and frequent AC Transit service.
The remaining three units consist of one downstairs 1BD/1BA unit and two additional 1BD/1BA units. Outside, one backyard is canopied by the property’s own redwood grove.
The home is positioned in North Oakland with nearby access to Telegraph Avenue and the Temescal dining corridor, and it is described as being in proximity to MacArthur and Ashby BART and frequent AC Transit service.
Key Highlights
- Legal fourplex (1907) with 1 owner unit plus three 1BD/1BA rental units
- Owner unit layout: 2BD/1BA with a spacious living room, coved ceilings, and an updated kitchen with quartz counters
- Renovated bath and primary bedroom in back opening to a deck among the redwoods
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 | $81.0k | $34.20 |
| − Vacancy | −$3.5k | −$1.46 |
| EGI | $77.6k | $32.74 |
| − OpEx | −$23.3k | −$9.82 |
| NOI | $54.3k | $22.92 |
2,369 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$775.6K
$678.7K – $904.9K
NOI $54,292 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$714.6K
$625.3K – $833.7K
NOI $50,022 @ 7.0% cap · market cap 5.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Legal fourplex featuring one 2BD/1BA owner unit and three 1BD/1BA rental units with a redwood grove backyard.
Where is this quadplex located?
The property is located at 825 57th Street Oakland, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Legal fourplex (1907) with 1 owner unit plus three 1BD/1BA rental units; Owner unit layout: 2BD/1BA with a spacious living room, coved ceilings, and an updated kitchen with quartz counters; Renovated bath and primary bedroom in back opening to a deck among the redwoods
