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$1,950,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 0.12 Acres
  • Updated 4 days ago
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5918 Genoa Street offers 22.6% rental upside on a building where the heavy capital work is already done. Ownership has invested $282,822 in unit renovations, soft-story retrofit, sewer lateral, sidewalk, and laundry. Eight of 12 units are renovated, and the property is 100% occupied. In-place rents average $1,428 against a $1,750 market rent. The building's own renovated leases support that market figure, with five units at $1,632-$1,730. Four units below $1,300 account for roughly three-quarters of the loss-to-lease. That gives a buyer a defined, unit-by-unit path to the $153,000 pro forma NOI as those units turn over. The 1930 building totals 6,072 SF on 0.12 acres, with an average unit size of 506 SF and three covered parking spaces. In-place: $109,543 NOI, 5.62% cap rate, 9.48 GRM. Pro forma at market rents: $153,000 NOI, 7.85% cap rate, 7.74 GRM.

Full Property Details for 5918 Genoa St

General

  • Price: $1,950,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: MAX
  • MLS ID: 41151546
  • Updated: 10/16/2026
  • Added to Site: 5 day(s) ago

Interior

  • Appliances: Dryer, Washer, Tankless Water Heater
  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Common Area

Parking

  • Parking Features: Garage, Parking Lot

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: North Oakland
  • Driving Directions: On Genoa St between 59th and 60th, near MLK Jr Way and Adeline St and Stanford Ave.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Wall Furnace

Utilities

  • Water: Public

Structural Information

  • Exterior Const.: Stucco, Frame
  • Roof: Rolled/Hot Mop, Flat
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 5227.2
  • Lot Features: Level

Financial Considerations

  • Price Per Sq. Ft.: $321
  • Terms: Conventional

Disclosures and Reports

  • Property ID: 15135319

Listed by Marcus & Millichap, Joseph Owens

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Listing agent

— 5918 Genoa St —

  • Joseph Owens

    Marcus & Millichap

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5918 Genoa St

School District:Oakland Unified School District
NameGradesDistance
Sankofa United Elementary School
581 61st Street, Oakland, CA 94609
PK-80.4 mi
Claremont Middle School
5750 College Avenue, Oakland, CA 94618
6-81.2 mi
Oakland Technical High School
4351 BRd.way, Oakland, CA 94611
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5918 Genoa St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Listed
$1,950,000
-18.75%
MLS
4/27/2021
Sold
$2,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5918 Genoa St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$44,064
—
$2,659,099
2%
2025
$44,064
4%
$2,607,293
2%
2024
$42,209
-4%
$2,556,492
2%
2023
$44,031
4%
$2,506,697
2%
2022
$42,245
113%
$2,459,370
150%
2021
$19,843
1%
$982,128
—
2020
$19,719
9%
$981,953
3%
2019
$18,089
3%
$953,012
2%
2018
$17,641
7%
$934,332
2%
2017
$16,516
3%
$916,016
2%
2016
$16,090
1%
$898,055
2%
2015
$15,986
-3%
$884,572
2%
2014
$16,532
1%
$867,246
—
2013
$16,288
—
$863,328
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5918 Genoa St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Marcus & Millichap, Joseph Owens

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5918 Genoa St, Oakland, CA 94608 (MLS# 41151546) is a Commercial Residential Facility property. 5918 Genoa St is currently listed for $1,950,000 and was received on October 16, 2026. Want to learn more about 5918 Genoa St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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