128 128 Catron Dr, Oakland, CA 94603
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
128 128 Catron Dr,Oakland, CA 94603
$825,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kevin jacky hom, crystal florida
Office: compass
MLS#:41121191
Source:CRMLS
Price summary
- Price:$825,000
About this home
Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.
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Home facts
- Year built:1965
- Listing ID #:41121191
- Added:51 day(s) ago
- Updated:March 09, 2026 at 08:29 PM
Rooms and interior
- Flooring:Laminate, Tile, Vinyl
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1965
- Lot area:0.13 Acres
- Lot Features:Back Yard
- Construction Materials:Stucco
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
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