Real Estate Investing in Oakland, California (94610)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Alameda County • Population: 32,675 • Data updated: September 2026

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Should you buy in 94610 (Oakland, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (21/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
4 flags
  • Declining values: -2.5% 5-year CAGR — values have moved lower.
  • Elevated vacancy: 9.7% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 43.6 — hard to cash-flow at these prices.

What’s happening in Oakland, CA (94610)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $1,228,120
Avg Monthly Rent $2,346
1% Rule ✗ Does Not Meet
Median Income $128,304
% Renters 63.6%

Market Analysis: 94610 Oakland

The 94610 ZIP in Oakland, CA is a local-operator market. Outside capital chasing a $1.2M entry has to pair deep knowledge with the discount.

Rent of $2,346/mo on a $1.2M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 94610 sits below the stated 0.0% once reality is priced in.

The gap between 94610 and stronger Oakland ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

A resilient renter share of 64% in 94610 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 94610 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Oakland:

D Needs Caution
Buy Confidence Score: 36/100
Affordability
0/25
Appreciation
0/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 9.6× the median income
Value Trend
Rising (+6.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,346/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
San Francisco-Oakland-Berkeley, CA Metro Area
Even conditions for buyers and sellers
38 days
Average time to sell
Average
7.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from San Francisco-Oakland-Berkeley, CA metro data
🏠

Property Strategy for 94610

Which property type performs best in this market?

Best for Cash Flow
1BR
4.7% cap rate
Best for Appreciation
4BR
+0.6% 5yr CAGR
Best Overall Value
2BR
$327,236/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $373,943 $2,430 4.7% -6.4% $373,943
2BR $654,472 $2,970 3.3% -4.5% $327,236
3BR $1,387,730 $3,800 2.0% -0.3% $462,577
4BR $1,758,128 $4,500 1.8% +0.6% $439,532
5BR $1,953,756 -0.4% $390,751

Market Trends

Home Value History (with trend line)

$1.6M$1.4M$1.1M$902K$666K$429KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,371$2,301$2,232$2,162$2,092$2,023Apr 2017Dec 2021Jul 2026

📊 How Does 94610 Compare?

Metric 94610 Oakland San Francisco-Oakland-Berkeley, CA California
Home Value $1,228,120 $734,424 N/A $761,003
5-Year CAGR N/A N/A N/A 5.7%
Avg Rent $2,346 $2,585 N/A -
Cap Rate 1.5% 2.9% - -
💡 Why Invest in 94610? Click to expand

64% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 94610 (Oakland, CA). Anonymous, moderated, never written by AI.

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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

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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

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Community Association Management (CAM) provides management services for Common Interest Developments in the San Francisco Bay Area. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Fair
Cap Rate
1.5%
Low
5yr Growth
-2.5%
Declining

📊 Market Snapshot

Home Value $1,228,120
Monthly Rent $2,346
Price-to-Rent 43.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.3%
Cap Rate 1.5%
5-Year IRR N/A

📈 Home Appreciation

1-Year +6.5% ▲
3-Year CAGR -2.5% ▼
5-Year CAGR -2.5% ▼
10-Year CAGR +2.2% ▲

🏠 Rent Trends

1-Year +7.5% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +1.9% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 1.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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.

Vacancy
9.7%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
-2.5%
Declining
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 94610

Population: 32,675

💰 Median Household Income
$128,304
This area
$128,304
State
$94,164
USA
$74,580
🏠 Renter Occupied
63.6%
This area
63.6%
State
39.3%
USA
34.0%
💼 Unemployment Rate
3.0%
This area
3.0%
State
-16.6%
USA
3.7%
🎓 College Educated
73.5%
This area
73.5%
State
7.7%
USA
33.7%
👤 Median Age
38.8 years
This area
38.8 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
9.7%
This area
9.7%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 55.1%
Asian 16.4%
Other/Mixed 14.3%
Black/African American 14.1%
Hispanic/Latino 7.7%
👶 Under 18
15.6%
This area
15.6%
USA
22.0%
👴 65 and Over
15.9%
This area
15.9%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
USA
11.5%

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 94610

B+ Avg School Grade
5 Schools
21.2:1 Avg Class Size
$22,650 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Edna Brewer Middle

📚 06 – 08 Middle
👥
791 Students
👨‍🏫
19.1:1 Class Size
💰
$24,180 Per Student
B+ Above Average

Aspire Golden State College Preparatory Academy

📚 06 – 12 High School Charter
👥
436 Students
👨‍🏫
18.0:1 Class Size
💰
$16,531 Per Student
B+ Above Average

Bella Vista Elementary

📚 K – 05 Elementary
👥
379 Students
👨‍🏫
25.3:1 Class Size
💰
$24,180 Per Student
B+ Above Average

Crocker Highlands Elementary

📚 K – 05 Elementary
👥
410 Students
👨‍🏫
25.6:1 Class Size
💰
$24,180 Per Student
B Good

Oakland High

📚 09 – 12 High School
👥
1,525 Students
👨‍🏫
18.1:1 Class Size
💰
$24,180 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

MetWest High

📚 09 – 12 High School
📍 314 East Tenth St., Oakland
👥
237 Students
👨‍🏫
11.1:1 Class Size
💰
$24,180 Per Student
A+ Excellent

LIFE Academy

📚 06 – 12 High School
📍 2101 35th Ave., Oakland
👥
441 Students
👨‍🏫
14.6:1 Class Size
💰
$24,180 Per Student
A+ Excellent

Westlake Middle

📚 06 – 08 Middle
📍 2629 Harrison St., Oakland
👥
300 Students
👨‍🏫
13.3:1 Class Size
💰
$24,180 Per Student
A+ Excellent

Kaiser Early Childhood Center

📚 Grade KG Elementary
📍 25 South Hill Ct., Oakland
👥
129 Students
👨‍🏫
5.9:1 Class Size
💰
$24,180 Per Student
A+ Excellent

Latitude 37.8 High

📚 09 – 12 High School Charter
📍 1045 Derby Ave., Oakland
👥
350 Students
👨‍🏫
12.2:1 Class Size
💰
$21,903 Per Student
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

8 Nearby 5,901 Off-Campus Students
C
Samuel Merritt University
1,894 students · 1.5 mi
C
Laney College
10,211 students · 1.6 mi
D
Academy of Chinese Culture and Health Sciences
122 students · 1.7 mi
C+
Lincoln University
474 students · 1.7 mi
D
Moler Barber College
335 students · 1.7 mi
D
Peralta Community College System Office
0 students · 1.8 mi
D
Starr King School for the Ministry
73 students · 1.8 mi
D
University of California-System Administration Central Office
0 students · 1.8 mi

Investor Insight: With 5,901 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How tight is the rental market in Oakland, CA?

Oakland, CA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How much rent can I charge in Oakland, CA?

Investors in Oakland, CA typically see rents near $2,346/mo per month against $1.2M home values - a solid setup for rental cash flow.

Is it easy to find good tenants in Oakland, CA?

Working renters make up the core of the Oakland, CA tenant base. The pool is reasonable for investors targeting long-term holds.

Is Oakland, CA a friendly market for rental owners?

The landlord environment in Oakland, CA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

What approach is best for Oakland, CA real estate?

In Oakland, CA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $1.2M prices and $2,346/mo rents suits that approach.

You know 94610 now. You don’t know where it ranks.

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How 94610 ranks in San Francisco-Oakland-Berkeley, CA

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