Five-Unit Apartment
For Sale
$1,450,000
95 Moss Ave, Oakland, CA 94610
Well-maintained five-unit apartment community with two 2-bedroom units, three 1-bedroom units, off-street parking, and on-site laundry.
Property Size3,983 SF
Price / SF$364.05
Days on Market57
Property Features for 95 Moss Ave
General Information
Standard status
Active
Size
3,983 SF
Total Parking Spaces
4
Property subtype
5 or More Units
Additional Details
Multifamily Units
5
Amenities
laundry facility
Building Details
Building Size
3,983 SF
Year Built
1908
Tenancy
Multi
Listing Agency:
NAI Northern California
Listed By:
Timothy Warren · License #02008347
(510) 336-4719
Source:
Annnewtoncane
Added: Jul 22
Changed: Sep 8
Last Checked: Sep 15 at 9:45AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
95 Moss Avenue is a well-maintained five-unit apartment community featuring two (2) two-bedroom, one-bath units and three (3) one-bedroom, one-bath units. The interiors are described as spacious and bright, with tall ceilings, classic built-ins, and refinished hardwood floors, complemented by beautiful 1900s architecture.
The property includes four off-street parking spaces and an on-site credit card-operated laundry facility. It is located in Oakland’s Grand Lake neighborhood, approximately three blocks from the Piedmont Avenue shopping district, and near city bus lines and MacArthur BART Station.
Residents are also within walking distance of Kaiser Permanente and about 0.8 miles from Sutter Health Alta Bates Medical Center.
The property includes four off-street parking spaces and an on-site credit card-operated laundry facility. It is located in Oakland’s Grand Lake neighborhood, approximately three blocks from the Piedmont Avenue shopping district, and near city bus lines and MacArthur BART Station.
Residents are also within walking distance of Kaiser Permanente and about 0.8 miles from Sutter Health Alta Bates Medical Center.
Key Highlights
- Well‑maintained 5‑unit apartment community built in 1908
- Unit mix: two 2BD/1BA units and three 1BD/1BA units totaling 3,983 SF
- Spacious interiors with tall ceilings, classic built‑ins, and refinished hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,101
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,020
$1.7M
Cap Rate 7%
$1,201,443
$1.2M
Cap Rate 9%
$934,456
$934.5K
Market Conditions
NOI Build-Up for 3,983 SF
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.
Gross rent
$160.1K $40.20/SF
− Vacancy
−$7.2K −$1.81/SF
EGI
$152.9K $38.39/SF
− OpEx
−$68.8K −$17.28/SF
NOI
$84.1K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,020
Cap Rate 7%
$1,201,443
Cap Rate 9%
$934,456
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,101 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,281 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,965
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained five-unit apartment community with two 2-bedroom units, three 1-bedroom units, off-street parking, and on-site laundry.
Where is this apartment building located?
The property is located at 95 Moss Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Well‑maintained 5‑unit apartment community built in 1908; Unit mix: two 2BD/1BA units and three 1BD/1BA units totaling 3,983 SF; Spacious interiors with tall ceilings, classic built‑ins, and refinished hardwood floors
