978 75th Ave

Oakland CA 94621

2916 sq. ft.

4000 sq. ft.

Duplex

Last sold for $980,000

JOEY WANG, last sold this property on 04 August 2026 after 59 days on market.

Overview

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.

Features

2916 sq. ft. floor area

4000 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Oakland over the last 12 months, the estimated median property value of 978 75th Ave is $531.5k.

Median value

$531.5k

Estimated value range

$360.5k - $980k

Median days on market

Estimated value trend

-22%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 978 75th Ave

2026

Sold

$980,000

04 Aug 2026 by JOEY WANG, of Keller Williams Realty

2019

Sold

$701,000

14 Jan 2019 by Marla Kuresa, of Marla Kuresa, Broker

2018

Rented

Undisclosed

07 Dec 2018 by BETTER HOMES REALTY/MCARTHR

Happy sellers in Oakland

We have insufficient information to provide an overview of customer satisfaction for Oakland. Viewing the agent profiles, reviews and sales for Oakland can provide insights for this location.