Occupied 3-Unit
939-941 1/2 26th Street, Oakland, CA 94607
For Sale
$895,000
All three residences are leased and include in-unit laundry, appliances, and outdoor space.
Property Size1,820 SF
Price / SF$491.76
Days on Market54
Property Features for 939-941 1/2 26th Street
General Information
Standard status
Size
Property subtype
Occupancy
Lease Term
Site & Location
Neighborhood
Utilities to Site
Additional Details
Multifamily Units
Tenant in Place
Amenities
in-unit laundry
modern appliances
outdoor space
Building Details
Building Size
Year Built
Stories
Units
Construction
Tenancy
Listing Agency:
Park North Real Estate
(415) 233-8333
Listed By:
George L Bazlamit
(415) 225-6656
Source:
Ayalarealty
Added: Sep 14
Changed: Nov 2
Last Checked: Nov 6 at 4:02AM
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 Park North Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,820-square-foot triplex at 939-941 1/2 26th Street in Oakland contains three occupied units. Each residence has in-unit laundry, modern appliances, and outdoor space.
The property may be able to accommodate two additional water meters, which could allow water service to be separated among the units.
The property may be able to accommodate two additional water meters, which could allow water service to be separated among the units.
Key Highlights
- Three units, all currently occupied
- 1,820 square feet at 939‑941 1/2 26th Street, Oakland
- In‑unit laundry, modern appliances, and outdoor space in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,710
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,200
$834.2K
Cap Rate 7%
$595,857
$595.9K
Cap Rate 9%
$463,444
$463.4K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$62.2K $34.20/SF
− Vacancy
−$2.7K −$1.46/SF
EGI
$59.6K $32.74/SF
− OpEx
−$17.9K −$9.82/SF
NOI
$41.7K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,200
Cap Rate 7%
$595,857
Cap Rate 9%
$463,444
Alternative Uses
Best Use
Multifamily LT 5
$595.9K
$521.4K – $695.2K
NOI $41,710 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$549.0K
$480.4K – $640.5K
NOI $38,429 @ 7.0% cap · market cap 4.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,434
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Oakland, CA
Properties on Market for Triplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are leased and include in-unit laundry, appliances, and outdoor space.
Where is this triplex located?
The property is located at 939-941 1/2 26th Street Oakland, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three units, all currently occupied; 1,820 square feet at 939‑941 1/2 26th Street, Oakland; In‑unit laundry, modern appliances, and outdoor space in each unit
