Multifamily Property for Sale in Oakland, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Oakland, CA 94601

Description

Marcus & Millichap is pleased to present 4114 E 17th St, a well located 3 unit multifamily property in Oaklands highly walkable Fruitvale neighborhood. Built in 1915, the property totals approximately 1,726 SF on a 0.05acre lot and is 100% occupied, providing immediate inplace income. The unit mix includes one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA unit. Utilities are individually metered for gas and electric, with master metered water. Street parking available. In place rents are approximately below market, offering long term upside potential. Excellent location near International Blvd, Fruitvale Public Market, Fruitvale BART, neighborhood retail, and convenient access to I580 and I880. A fantastic multifamily opportunity in a strong East Oakland rental corridor. Investment Highlights: • Offered at $750,000 ($250,000 per unit / $434.53 per square foot), with 100% current occupancy. In-place rents average 19% below market, offering a significant value-add opportunity • The property features 3 total units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, catering to a wide range of tenants. With 100% physical occupancy. • The site benefits from proximity to the Fruitvale BART station and $147 million in local transit-oriented development. This massive capital injection provides a localized economic anchor

Market Context

This multifamily in Oakland, CA is listed for sale. It is offered at an approximate 4.3% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 54 days. Compare it against other multifamily listings for sale in Oakland, CA — <a href="/search/sale/multifamily/california/oakland">view the full market</a>.

As of Q1 2026, the Oakland / East Bay multifamily market showed cap rates around 4.9%. Source: Consensus Q1 2026 market report.

Its 4.3% asking cap rate is below the Oakland / East Bay multifamily market average of about 4.9%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Oakland / East Bay?
About 4.9% as of Q1 2026, per Consensus.

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