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Listed by: Joey Wang (510) 592-5554 DRE #01890931 | Keller Williams Realty (925) 934-2900
$895,000
Monthly Est:$4,455
10 Beds
4 Baths
--sqft
978 75th Avenue, Oakland, CA 94621
$895,000
$4,455/moEst:
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Quadruplex
Built in 1943
$-- HOA
4,000 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 1 hour ago
- Listing updated: July 3, 2026 at 2:59 pm
- Source: California Regional MLS-CA | MLS#: 41137423
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1943
HOA Fees
-
Finished Area
- sqft
Lot Size
4,000 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41137423
MLS Status
Pending
Days on Market
151
Cumulative Days on Market
28
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Interior
Flooring
Tile, Vinyl
Heating
Natural Gas, Wall Furnace
Construction
Year Built
Year Built: 1943
Home type
Quadruplex
Construction Materials
Stucco, Wood Siding
Other Features
Subdivision Name
Elmhurst
Tenant Pays
Gas
Lot Features
Corner Lot, Street Level
Price History
| Date | Event | Price |
|---|---|---|
07/02/2026 Source: | Pending | $895,000 $0/sqft |
06/04/2026 Source: | Listed for Sale | $895,000 +52547.06% $0/sqft |
01/16/2019 Source: | Sold | $1,700 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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