Walnut St, Oakland, CA 94605
Five-unit property in Oakland with value-add potential.
- Added:
- May 17, 2025
- Days on Market:
- 394
- Last Refresh:
- Apr 5 at 8:22 pm
Property Features for Walnut St
General Information
- Standard status
- Active
- Size
- 3,012 SF
- Lot size
- 0.13 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1951
Listing agent STEVEN PETERSON License #01746140
Listing office INFINITY INVESTMENTS (510) 380-8101
Listing date May 17, 2025
Source Corcoran
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 INFINITY INVESTMENTS
HighLights
- Priced below market rate for a fourplex, offering immediate equity potential.
- One vacant unit provides immediate value‑add opportunity.
- Five‑unit multifamily property in Oakland, CA, a thriving rental market.
- Includes four garages, generating additional rental income or tenant convenience.
- Excellent rental history with a mix of market rate and subsidized tenants, ensuring stable cash flow.
- Seller Open to Carry Financing
Overview
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 | $104.8k | $34.80 |
| − Vacancy | −$5.5k | −$1.81 |
| EGI | $99.4k | $32.99 |
| − OpEx | −$44.7k | −$14.85 |
| NOI | $54.7k | $18.14 |
Alternative Uses
Current Use by Public Records
Map
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.205
- Latitude
- 37.7849
