Four-Unit Mixed-Use
9251 International Blvd Oakland, CA 94603
9251 International Blvd, Oakland, CA, 94603
$650,000
For Sale
$650,000
Four residential units built in 1914 plus an on-site billboard provide an additional income stream.
Property Size3,106 SF
Lot Size0.06 Acres
Price / SF$209.27
Days on Market91
Property Features for 9251 International Blvd
General Information
- Standard status
- Active
- Size
- 3,106 SF
- Lot size
- 0.06 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1914
Listing agency
The Prescott Company
(510) 867-4806
Listed by
Nolan Jones · License #01509417
(510) 867-4806
Source
Elliman
Added: Apr 24 Updated: Jul 22 at 5:28PM Checked: Jul 22 at 5:28PM
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 The Prescott Company
Investment Insights
Based on property information with market context.
9251 International Blvd is a four-unit mixed-use property built in 1914, totaling approximately 3,106 square feet on a 2,500-square-foot lot. The residential mix includes two two-bedroom/one-bath units and two studio units, with one studio currently vacant. An on-site billboard provides an additional income stream alongside the rental units.
The property is positioned in a high-visibility Oakland location with proximity to major transit corridors in East Oakland. Transit, walk, and bike scores are reported as 53, 80, and 71, respectively.
With two-bedroom/one-bath and studio configurations, the layout offers multiple unit types within a single asset, and the currently vacant studio supports immediate lease-up or repositioning.
The property is positioned in a high-visibility Oakland location with proximity to major transit corridors in East Oakland. Transit, walk, and bike scores are reported as 53, 80, and 71, respectively.
With two-bedroom/one-bath and studio configurations, the layout offers multiple unit types within a single asset, and the currently vacant studio supports immediate lease-up or repositioning.
Key Highlights
- Four‑unit mixed‑use property built in 1914
- Approx. 3,106 SF on a 2,500 SF lot
- Unit mix: two 2‑bedroom/1‑bath units and two studio units (one studio vacant)
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 | $114.1k | $36.72 |
| − Vacancy | −$7.1k | −$2.28 |
| EGI | $107.0k | $34.44 |
| − OpEx | −$48.1k | −$15.50 |
| NOI | $58.8k | $18.94 |
3,106 SF · lease $36.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$906.1K
$792.8K – $1.06M
NOI $63,426 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$840.6K
$735.5K – $980.7K
NOI $58,840 @ 7.0% cap · market cap 9.05%
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 - Four residential units built in 1914 plus an on-site billboard provide an additional income stream.
Where is this quadplex located?
The property is located at 9251 International Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property built in 1914; Approx. 3,106 SF on a 2,500 SF lot; Unit mix: two 2‑bedroom/1‑bath units and two studio units (one studio vacant)
