Key information
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Units 3
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Year Built 1924
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Average Unit Size 812
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Building Size 2,435
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Land Area (Sq Ft) 3,780
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Parking 3
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Separate Meters Gas, Electric
Pricing Metrics
CAP Rate:
6.6%
GRM:
8.6
Price per Unit:
$216,667
Price per Square Foot:
$267
Property Summary
Triplex delivered vacant near Oakland’s vibrant Little Saigon. 1148 E 15th St features two 1BD/1BA units upstairs and a spacious 2+BD/1BA residence downstairs, totaling 2,435 sq ft. All units are separately metered for water and PG&E—perfect for owner-occupants or investors seeking immediate flexibility. The large rear yard offers outdoor space and off-street parking for up to 3 vehicles, a rare find in this urban location. With an 89 Walk Score and 93 Bike Score, the property sits near International Blvd with access to local shops, eateries, and public transit. An ideal setup for living in one unit while renting the others or leasing all three for strong income in one of Oakland’s most energetic neighborhoods.
Financial Summary
Gross Rents (Annual):
$75,600
Other Income:
$0
Expense Pass Through:
$0
Effective Gross Income:
$42,978
Vacancy Reserve:
$5,292
Operating Expenses:
$27,330
Net Operating Income:
$42,978
Market Rents (Annual):
$75,600
Rent Gap:
0%
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Operating Expenses
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Property Tax Rate:
N/A
Property Tax (Base):
N/A
Property Tax (Additional Assessments):
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Other Program Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
- Maintenance, Repairs, and Reserves : N/A
- Turnover Costs : N/A
- Landscaping : N/A
- Pest Control : N/A
- Janitorial : N/A
- Insurance : N/A
- Gas & Electricity : N/A
- Garbage : N/A
- Water & Sewer : N/A
- Other Utilities : N/A
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Rent Roll
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