978 75Th Ave, Oakland, CA 94621
Fourplex
Sold August 2026
Listing Agent: Joey Wang (DRE #01890931) · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Kailey Thu Mai · Wonder Rates · MLS #41137423 · Source: CRMLS
How this sale compares
978 75Th Ave sold for $980,000 in August 2026, 9.5% over its $895,000 list price, after 28 days on the market. Across 62 closed sales in 94621 over the last 12 months, the median sold price is $510,000 and the median is $447 per square foot.
| Quarter | Closed sales in 94621 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $428,383 |
| Q2 2026 | 31 | $560,000 |
| Q3 2026 | 20 | $505,000 |
| Q4 2026 | 1 | $245,800 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Oakland · Homes for sale in 94621
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.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 978 75Th Ave
1012 72nd Ave: Sold $500,000 · 4 bd · 2 ba · 1,272 sqft · Jul 2026 · 0.1 mi
Grand Realty Group | DRE #02087364
Buyer's agent: Patricia Jordan, Coldwell Banker Realty | DRE #013520321118 75Th Ave: Sold $437,000 · 2 bd · 1 ba · 820 sqft · May 2026 · 0.2 mi
Safi Realty | DRE #01802189
Buyer's agent: Sylvia Snyder, Coldwell Banker Realty | DRE #022458711021 72nd Ave: Sold $393,000 · 2 bd · 2 ba · 1,332 sqft · Apr 2026 · 0.2 mi
Weichert, REALTORS® Rainbow | DRE #02142396
Buyer's agent: Paulina Mujica, EXP Realty of California, Inc | DRE #021726101058 71st Ave: Sold $282,300 · 2 bd · 1 ba · 815 sqft · May 2026 · 0.2 mi
Christie's Int'l RE Sereno | DRE #01886199
Buyer's agent: Michelle Loeza, Tokhi California Realty | DRE #014291671061 71st Ave: Sold $360,000 · 2 bd · 1 ba · 1,052 sqft · May 2026 · 0.2 mi
EXP Realty of California, Inc | DRE #01996487
Buyer's agent: Brenda Camacho-Barbosa, Vanguard Properties | DRE #021563721090 70Th Ave: Sold $308,000 · 2 bd · 1 ba · 658 sqft · Sep 2026 · 0.3 mi
1042 69th Ave: Sold $315,000 · 2 bd · 1 ba · 704 sqft · Jul 2026 · 0.3 mi
RE/MAX Accord | DRE #01075905
Buyer's agent: Tiffani Perry, Alliance Bay Realty | DRE #02045831861 70Th Ave: Sold $555,000 · 3 bd · 1 ba · 1,619 sqft · Aug 2026 · 0.3 mi
Luxe Realty Group | DRE #02059496
Buyer's agent: Yovany Acosta, Garin Real Estate | DRE #02095932
Closed sales reported in 94621, nearest first, last 12 months. All recent sales in Oakland →