978 75Th Ave Oakland, CA ^$ 895,000

978 75Th Ave

^$ 895,000

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978 75Th Ave

Oakland, CA, 94621

^$ 895,000

Studio Baths1.0

Monthly Estimate*

^$ 5,651

Listed by Keller Williams Realty

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Studio

Multi-Family Home for sale in Oakland, CA

for $895,000 with 1 full bath. This home was built in 1943 on a lot size of 0.0918.

Situated along the 75th Avenue corridor less than a mile from Coliseum BART, 978 75th Avenue is a fully occupied East Oakland fourplex offering immediate, stabilized income in an established rental neighborhood. The two-story building spans approximately 2,916 square feet across two 3BD/1BA and two 2BD/1BA units, each with a private entry, assigned parking, and updated kitchen with quartz countertops and shaker cabinetry. Three of four units operate under active HACA HAP contracts, with annualized gross income of $117,660 and a proforma NOI of $76,073. Separate utility meters for all four units keep the expense ratio at a lean 30.5% — tenants pay their own gas and electric. At $895,000 — $307/SF and $223,750 per unit — this is a rare chance to acquire a cash-flowing, HAP-contract fourplex in East Oakland at an 8.5% current cap rate, with current rents approximately 8% below market and a clear path to 9.5% at turnover.

Multi-Family Pending

Price

^$ 895,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0918

Year Built

1943

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41137423

Days on Market

Features

General

Heating Natural Gas Wall Furnace

Zoning CIX-2

HOA Fee 0

Construction Materials Stucco Wood Siding

Year Built 1943

Tenant Pays Gas

Property Subtype Quadruplex

County Alameda

Property Type Residential Income

Subdivision Name ELMHURST

Status Pending

Directions Cross Street: Spencer St.

City Oakland

Number Of Units Total 4

Lot Size Units Square Feet

Lot Size Square Feet 4000

Standard Status Pending

Property Sub Type Additional Quadruplex

Interior

Flooring Tile Vinyl

Air Conditioning Y/N false

Heating Y/N true

Total Baths 0

Exterior

Lot Features Corner Lot Street Level

Total Parking 4

Lot Size Area 4000

Lot Size Acres 0.0918

Lot Size Source Public Records

* Excluded Features

List By

Keller Williams Realty

Broker

joey.wang@loremultifamily.com

Affordability Calculator

$5,651

Per Month

Monthly Principal & Interest: $5,651
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Oakland, CA

Average List Price ^$1,109,016

Percent of Sale Price 24%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/5/2026	$895,000		Listed Price

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978 75Th Ave, Oakland, CA, 94621 is a Multi-Family Home for sale at $895,000 with a lot size of 0.0918. 978 75Th Ave is a studio with 1.0 baths and was built in 1943. The property's zip code is 94621 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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978 75Th Ave

Multi-Family Home for sale in Oakland, CA

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