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About This Home
This 10-bedroom, 0-bathroom residential multi family at 978 75Th Ave in Oakland, CA is listed for $895,000 ($307 per sqft). Built in 1943, the home offers 2,916 sqft of living space on a 0.09 acres lot.
978 75th Ave delivers stabilized income at $895,000. Fully occupied four-unit building - two 3BR/1BA and two 2BR/1BA - with $117,660 in annualized gross income and a proforma NOI of $76,073. Three units on active HACA HAP contracts with ~$8,055/month in combined HAP payments.
Separate gas and electric meters for all four units; tenants pay their own utilities. Updated kitchens with quartz countertops and shaker cabinets. New LVP flooring and fresh paint throughout accessible units. Individual Rheem tankless water heaters per unit (2019). Four on-site parking spaces, one per unit. One block from I-880 access; under a mile to Coliseum BART. At $307/SF and $223,750/unit, the numbers work today - and market rents point to 9.5% at turnover.
Key Features
- Built in 1943
- 0.09 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
978 75Th Ave
Oakland, CA 94621
ELMHURST
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 10-bedroom, 0-bathroom residential multi family at 978 75Th Ave is listed at $895,000 ($307/sqft). The estimated monthly payment is $3,878 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.09 acre lot. Exterior Features: Yard Space.
This property is listed by Joey Wang and can be reached at 5105925554 or joey.wang@loremultifamily.com.
