Pending

$895,000

978 75th Ave, Oakland, CA 94621

10beds

4baths

2,916sqft

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Quadruplex

Built in 1943

-- sqft lot

$-- Zestimate^®

$307/sqft

$-- HOA

What's special

Two-story buildingPrivate entryAssigned parking

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.

36 days

173

20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4

Heating

Natural Gas, Wall Furnace

Cooling

No Air Conditioning

Appliances

Laundry: In Unit

Features

Flooring: Tile, Vinyl
Basement: None

Interior area

Total structure area: 2,916
Total interior livable area: 2,916 sqft

Property

Parking

Parking features: Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking
Has uncovered spaces: Yes

Features

Exterior features: Yard Space
Fencing: Partial Fence,Fenced

Lot

Size: 3,920 Square Feet
Features: Corner Lot, Level, Paved

Details

Parcel number: 41415715
Zoning: CIX-2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Stucco, Frame

Condition

Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Individual Electric Meter, Individual Gas Meter

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Oakland

Financial & listing details

Price per square foot: $307/sqft
Tax assessed value: $781,964
Date on market: 6/5/2026
Listing terms: None

Estimated market value

Not available

Estimated sales range

Not available

$3,106/mo

Price history

Date	Event	Price
7/3/2026	Pending sale	$895,000$307/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41137423 Report a problem
6/5/2026	Listed for sale	$895,000-31.2%$307/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41137423 Report a problem
7/25/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
7/13/2022	Price change	$2,729+22.1%$1/sqft
Source: Zillow Rental Network_1 Report a problem
6/1/2022	Listed for rent	$2,235-4.1%$1/sqft
Source: Zillow Rental Network_1 Report a problem
11/4/2021	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
8/4/2021	Listed for rent	$2,330$1/sqft
Source: Zillow Rental Network_1 Report a problem
2/18/2020	Listing removed	$1,300,000$446/sqft
Source: Movoto Real Estate #40891425 Report a problem
1/22/2020	Price change	$1,300,000+10.2%$446/sqft
Source: Movoto Real Estate #40891425 Report a problem
1/3/2020	Listed for sale	$1,180,000+8.3%$405/sqft
Source: Movoto Real Estate #40891425 Report a problem
12/21/2019	Listing removed	$2,330$1/sqft
Source: Go Section8 Report a problem
12/4/2019	Listed for rent	$2,330-22.3%$1/sqft
Source: Go Section8 Report a problem
9/4/2019	Listing removed	$3,000$1/sqft
Source: Go Section8 Report a problem
8/20/2019	Price change	$3,000+28.8%$1/sqft
Source: Go Section8 Report a problem
7/11/2019	Price change	$2,330-27.6%$1/sqft
Source: Go Section8 Report a problem
6/20/2019	Listed for rent	$3,220$1/sqft
Source: Go Section8 Report a problem
6/20/2019	Listing removed	$1,090,000$374/sqft
Source: Movoto Real Estate #40869084 Report a problem
6/7/2019	Listed for sale	$1,090,000+55.5%$374/sqft
Source: Movoto Real Estate #40869084 Report a problem
1/14/2019	Sold	$701,000+0.3%$240/sqft
Source: MetroList Services of CA #18081749 Report a problem
1/9/2019	Pending sale	$699,000$240/sqft
Source: Marla Kuresa, Broker #18081749 Report a problem
1/9/2019	Listed for sale	$699,000$240/sqft
Source: Marla Kuresa, Broker #18081749 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$781,964 +2%
2024	$13,494 -3.8%	$766,634 +2%
2023	$14,021 +4.4%	$751,604 +2%
2022	$13,430 +7.2%	$736,870 +2%
2021	$12,530 +1.2%	$722,421 +1%
2020	$12,383 +10.6%	$715,020 +7.8%
2019	$11,193 +149.1%	$663,000 +230.9%
2018	$4,494	$200,388 +2%
2017	$4,494 +4.8%	$196,460 +2%
2016	$4,288 -4.2%	$192,608 +1.5%
2015	$4,477	$189,716 +2%
2014	$4,477	$186,000 +0.5%
2013	--	$185,160 +2%
2012	--	$181,530 +2%
2011	--	$177,971 +0.8%
2010	--	$176,641 -0.2%
2009	--	$177,061 +2%
2008	--	$173,591 +2%
2007	--	$170,187 +2%
2006	--	$166,851 +2%
2005	--	$163,581 +2%
2004	--	$160,374 +1.9%
2003	--	$157,436 +2%
2002	--	$154,349 +2%
2001	$4,585	$151,322

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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