Real Estate Investing in Oakland, California (94607)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94607 (Oakland, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.2% of homes vacant — above national norms.
- Declining values: -6.1% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 5.9% in the last year.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Oakland, CA (94607)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 94607 Oakland
The 94607 ZIP covers a section of Oakland that demands careful diligence. Prices near $525K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $525K asset, 94607 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader CA picture, 94607 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 94607 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 94607 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Oakland:
Property Strategy for 94607
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $384,250 | $2,010 | 3.8% | -6.9% | $384,250 |
| 2BR | $545,819 | $2,450 | 3.2% | -5.4% | $272,909 |
| 3BR | $673,332 | $3,130 | 3.3% | -3.2% | $224,444 |
| 4BR | $708,038 | $3,710 | 3.8% | -3.2% | $177,009 |
| 5BR | $780,913 | — | — | -3.1% | $156,183 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 94607 Compare?
| Metric | 94607 | Oakland | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $524,673 | $734,424 | N/A | $761,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.7% |
| Avg Rent | $2,716 | $2,585 | N/A | - |
| Cap Rate | 4.0% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 94607 (Oakland, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 94607 (Oakland, CA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Alameda County
Manage rentals here? List your business →Accountable Property Management offers residential, commercial, and HOA property management services in Hayward, CA and the Greater Bay Area Rental Market. summary from their website
Advent Properties, Inc. offers comprehensive, responsive, and professional property management and real estate services in the Bay Area, East Bay, and Sacramento regions. summary from their website
Community Association Management (CAM) provides management services for Common Interest Developments in the San Francisco Bay Area. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $524,673 |
| Monthly Rent | $2,716 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -5.9% ▼ |
| 3-Year CAGR | -7.4% ▼ |
| 5-Year CAGR | -6.1% ▼ |
| 10-Year CAGR | -0.7% ▼ |
🏠 Rent Trends
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +0.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 94607
Population: 27,891
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 94607
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 8,181 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Oakland, CA?
In Oakland, CA the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $525K prices and $2,716/mo rents suits that approach.
How high is vacancy risk in Oakland, CA?
Rental vacancy in Oakland, CA is elevated. Investors should budget normal turnover but not chronic empty units.
What do landlords charge for rent in Oakland, CA?
Oakland, CA rentals go for roughly $2,716/mo a month. That puts gross yield in solid territory relative to $525K acquisition costs.
Is Oakland, CA good for house hacking?
For house hackers, Oakland, CA is a challenging. The $2,716/mo rent on a unit helps defray the mortgage on a $525K property.
Are renters plentiful in Oakland, CA?
Tenant quality in Oakland, CA ranks as solid. Landlords generally report stable occupancy at market rents of $2,716/mo.
You know 94607 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 94607 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 94607 ranks in San Francisco-Oakland-Berkeley, CA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 94607 (Oakland)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 94607 (Oakland, CA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.