8811 A Street Oakland, CA 94621
8811 A Street, Oakland, CA, 94621
$1,088,000
For Sale
$1,088,000
Apartment buildings
Property Size3,878 SF
Lot Size0.13 Acres
Price / SF$280.56
Days on Market99
Property Features for 8811 A Street
General Information
- Standard status
- Active
- Size
- 3,878 SF
- Lot size
- 0.13 Acres
- Property subtype
- 5+ Units / Five or More Units
Building Details
- Year Built
- 1951
Listing agency
Real Estate Ebroker Inc
(510) 800-2020
Listed by
Daniel Liang · License #02084515
(510) 800-2020
Source
Compass
Added: Apr 15 Updated: Jul 21 at 1:38PM Checked: Jul 22 at 8:05AM
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 Real Estate Ebroker Inc
Investment Insights
Based on property information with market context.
Key Highlights
- 5‑unit apartment building, built in 1951, on a 5,793 SF lot with approx. 3,878 SF of living space
- 2‑bedroom / 1‑bath unit mix
- Extensive recent upgrades: new roof, updated electrical panels and breakers, upgraded heating systems, new flooring, fresh interior/exterior paint
Local Financial Insights For Apartment 5plus
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 | $155.9k | $40.20 |
| − Vacancy | −$7.0k | −$1.81 |
| EGI | $148.9k | $38.39 |
| − OpEx | −$67.0k | −$17.28 |
| NOI | $81.9k | $21.12 |
3,878 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M
NOI $81,884 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,875 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
1031 exchange properties
Similar For Sale Nearby
FAQs
Where is this apartment building located?
The property is located at 8811 A Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,088,000.
What are key features of this property?
This property features: 5‑unit apartment building, built in 1951, on a 5,793 SF lot with approx. 3,878 SF of living space; 2‑bedroom / 1‑bath unit mix; Extensive recent upgrades: new roof, updated electrical panels and breakers, upgraded heating systems, new flooring, fresh interior/exterior paint
