About This Home
This 6-bedroom, 4-bathroom residential multi family at 128 Catron Dr in Oakland, CA is listed for $825,000 ($272 per sqft). Built in 1965, the home offers 3,038 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1965
- 0.14 acre lot
Property Details
Amenities
Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy.
The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes.
Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.
Monthly Cost Estimate
$4,412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
128 Catron Dr
Oakland, CA 94603
Brookfield Villg
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 128 Catron Dr is listed at $825,000 ($272/sqft). The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1965, 0.14 acre lot. Exterior Features: Back Yard.
This property is listed by Kevin Jacky Hom and can be reached at 5108960188.







