# 978 75Th Ave, Oakland, CA 94621

> **TL;DR:** 10bd/0ba residential multi family, $895,000 ($307/sqft), built 1943, 2,916 sqft.
> A/C. Est. $3,878/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Price/sqft | $307 |
| Bedrooms | 10 |
| Square Feet | 2,916 |
| Year Built | 1943 |
| Lot Size | 3,999 sqft (0.09 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,878 |
| **Total** | **$3,878** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1943
- 0.09 acre lot

## Description

### Agent 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.

## Location

- **Address:** 978 75Th Ave, Oakland, CA 94621
- **County:** Alameda
- **Neighborhood:** ELMHURST
- **Coordinates:** 37.754466, -122.191478
- **Google Maps:** https://www.google.com/maps?q=37.754466,-122.191478

## Listing Agent

- **Name:** Joey Wang
- **Brokerage:** Keller Williams Realty
- **Phone:** 5105925554
- **Email:** joey.wang@loremultifamily.com

## Primary Photo

![978 75Th Ave - Primary Photo](http://lh.rdcpix.com/0654a254fc0a8ca1d2d25947892b8f4dl-f1381709186r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/978-75th-ave-oakland-ca-94621-41137423)*

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**MLS#:** 41137423 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/978-75th-ave-oakland-ca-94621-41137423)

---

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