Fourplex Residential Income
827 34th Ave Oakland, CA 94601
827 34th Ave, Oakland, CA, 94601
$669,500
For Sale
$669,500
Fourplex with one 3-bedroom, two 2-bedroom, and one 1-bedroom unit, plus rear storage for extra income.
Property Size2,522 SF
Price / SF$265.46
Days on Market144
Property Features for 827 34th Ave
General Information
- Standard status
- Active
- Size
- 2,522 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1890
Listing agency
Western Management Properties, Inc
(510) 451-7197
Listed by
Bruce Chambers · License #00776842
(510) 451-7197
Source
Exitrealty
Added: Feb 27 Updated: Jul 20 at 11:57PM Checked: Jul 21 at 6:05AM
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 Western Management Properties, Inc
Investment Insights
Based on property information with market context.
This fourplex at 827 34th Ave, Oakland, CA 94601, includes one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Rear-of-property storage is included and generates additional income. The property is currently operated with stable tenants.
The location provides convenient access to public transportation, including a short walk to Fruitvale BART and proximity to Fruitvale district shopping. It is also described as convenient to Highway 880 and nearby shopping options, including Alameda via a short drive.
With a total property size of 2,522 square feet, the unit mix offers a range of floorplans across the building, supported by the added revenue component from rear storage.
The location provides convenient access to public transportation, including a short walk to Fruitvale BART and proximity to Fruitvale district shopping. It is also described as convenient to Highway 880 and nearby shopping options, including Alameda via a short drive.
With a total property size of 2,522 square feet, the unit mix offers a range of floorplans across the building, supported by the added revenue component from rear storage.
Key Highlights
- Fourplex built in 1890
- Unit mix: one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom unit
- Rear storage space provides additional income
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 | $86.3k | $34.20 |
| − Vacancy | −$3.6k | −$1.44 |
| EGI | $82.6k | $32.76 |
| − OpEx | −$24.8k | −$9.83 |
| NOI | $57.8k | $22.93 |
2,522 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$826.3K
$723.0K – $964.0K
NOI $57,841 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$767.1K
$671.2K – $895.0K
NOI $53,698 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$1.03M
$899.5K – $1.20M
NOI $71,960 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex with one 3-bedroom, two 2-bedroom, and one 1-bedroom unit, plus rear storage for extra income.
Where is this quadplex located?
The property is located at 827 34th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $669,500.
What are key features of this property?
This property features: Fourplex built in 1890; Unit mix: one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom unit; Rear storage space provides additional income
