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1035 76th Ave 4 Unit Apartment Building $748,888 ($187,222/Unit) 8.75% Cap Rate Oakland, CA 94621
INVESTMENT HIGHLIGHTS
- • 4-Unit Multifamily Investment • Asking Price: $799,000 • Annual NOI: ~$72,444 • Cap Rate: ~9.1% • Strong in-place rents with upside potential
EXECUTIVE SUMMARY
1035 76th Ave – Oakland, CA | 4-Unit Investment Property
This four unit property at 1035 76th Ave brings is ready for a new investor! It currently brings in steady rental income with an 8.2% cap rate and about seventy five thousand dollars in annual gross rents. The building consists of three 2 bed 1 bath units and one 3 bed 1 bath unit, all fully occupied. That means rental income from day one of ownership. It’s subject to Oakland’s rent control and Just Cause ordinance, giving buyers a clear sense of how to plan long term. It’s a straightforward choice for investors who want reliable returns, but it also leaves the door open for an owner occupant willing to take on the required steps for future use. This property won't last long. Contact agent for more details!
The Coliseum neighborhood offers quick access to some of the best transportation options in Oakland. BART, AC Transit, and major freeways are right there, making it easy to get around the Bay Area for work or school. The area has a mix of long-time residents and newer households looking for affordability without giving up convenience. Everyday essentials, local shops, and services are close by, and the neighborhood continues to see steady interest from people who want practical living with strong transit connections.
This four unit property at 1035 76th Ave brings is ready for a new investor! It currently brings in steady rental income with an 8.2% cap rate and about seventy five thousand dollars in annual gross rents. The building consists of three 2 bed 1 bath units and one 3 bed 1 bath unit, all fully occupied. That means rental income from day one of ownership. It’s subject to Oakland’s rent control and Just Cause ordinance, giving buyers a clear sense of how to plan long term. It’s a straightforward choice for investors who want reliable returns, but it also leaves the door open for an owner occupant willing to take on the required steps for future use. This property won't last long. Contact agent for more details!
The Coliseum neighborhood offers quick access to some of the best transportation options in Oakland. BART, AC Transit, and major freeways are right there, making it easy to get around the Bay Area for work or school. The area has a mix of long-time residents and newer households looking for affordability without giving up convenience. Everyday essentials, local shops, and services are close by, and the neighborhood continues to see steady interest from people who want practical living with strong transit connections.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $748,888 | Building Class | C |
| Price Per Unit | $187,222 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,383 SF |
| Cap Rate | 8.75% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 4 | Year Built | 1966 |
| Property Type | Multifamily | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RD-2 | ||
| Price | $748,888 |
| Price Per Unit | $187,222 |
| Sale Type | Investment |
| Cap Rate | 8.75% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,383 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.18/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RD-2 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Double Pane Windows
- Family Room
- Lawn
SITE AMENITIES
- Fenced Lot
- Trash Pickup - Curbside
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 810 - 840 |
| 3+1 | 1 | - | 923 |
1 1
Walk Score®
Very Walkable (72)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 041-4142-009-00 | Total Assessment | $851,937 |
| Land Assessment | $255,581 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $596,356 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
041-4142-009-00
Land Assessment
$255,581
Improvements Assessment
$596,356
Total Assessment
$851,937
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1035 76th Ave
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