5918 Genoa St Oakland, CA $ 1,950,000
5918 Genoa St
$ 1,950,000
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5918 Genoa St

Oakland, CA, 94608
$ 1,950,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 13,468

Listed by Joseph Owens, Marcus & Millichap, joe.owens@marcusmillichap.com
5918 Genoa St, Oakland, CA 94608 - Image 1
5918 Genoa St, Oakland, CA 94608 - Image 2
5918 Genoa St, Oakland, CA 94608 - Image 3
5918 Genoa St, Oakland, CA 94608 - Image 4
5918 Genoa St, Oakland, CA 94608 - Image 5
5918 Genoa St, Oakland, CA 94608 - Image 6
5918 Genoa St, Oakland, CA 94608 - Image 7
5918 Genoa St, Oakland, CA 94608 - Image 8
5918 Genoa St, Oakland, CA 94608 - Image 9
5918 Genoa St, Oakland, CA 94608 - Image 10

Multi-Family Home for sale in Oakland, CA

for $1,950,000. This home was built in 1930 on a lot size of 0.1194.

5918 Genoa Street offers 22.6% rental upside on a building where the heavy capital work is already done. Ownership has invested $282,822 in unit renovations, soft-story retrofit, sewer lateral, sidewalk, and laundry. Eight of 12 units are renovated, and the property is 100% occupied. In-place rents average $1,428 against a $1,750 market rent. The building’s own renovated leases support that market figure, with five units at $1,632–$1,730. Four units below $1,300 account for roughly three-quarters of the loss-to-lease. That gives a buyer a defined, unit-by-unit path to the $153,000 pro forma NOI as those units turn over. The 1930 building totals 6,072 SF on 0.12 acres, with an average unit size of 506 SF and three covered parking spaces. In-place: $109,543 NOI, 5.62% cap rate, 9.48 GRM. Pro forma at market rents: $153,000 NOI, 7.85% cap rate, 7.74 GRM.

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Multi-Family Active

Price

$ 1,950,000

Property Type

Multi-Family

Taxes

$ 35,665

Style

Lot Size

0.1194

Year Built

1930

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41151546

Days on Market

3

Features
General
Heating Natural Gas Wall Furnace
Cooling None
Roof Composition
Appliances Gas Water Heater Dryer Washer
HOA Fee 0
Construction Materials Stucco Wood Siding
Year Built 1930
Tenant Pays Gas
County Alameda
Net Operating Income 109543
Property Type Residential Income
Subdivision Name NORTH OAKLAND
Status Active
Directions Cross Street: Adeline St.
City Oakland
Number Of Units Total 12
Lot Size Units Square Feet
Lot Size Square Feet 5200
Tax Annual Amount 35665
Standard Status Active
Cap Rate 5.62
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Street Level
Total Parking 3
Lot Size Area 5200
Lot Size Acres 0.1194
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* Excluded Features
List By
Joseph Owens

Listing Agent

Marcus & Millichap

Broker

joe.owens@marcusmillichap.com

Email

Affordability Calculator

$16,440
Per Month
82%
18%
0%
Monthly Principal & Interest
$13,468
Monthly Property Taxes
$2,972
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2026$1,950,000 Listed Price

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5918 Genoa St, Oakland, CA, 94608 is a Multi-Family Home for sale at $1,950,000 with a lot size of 0.1194. 5918 Genoa St has 0.0 baths and was built in 1930. The property's zip code is 94608 which is in Oakland, CA