Property overview
3314 Farnam St, Oakland, CA 94601
Beats renting and index funds on our cautious numbers, with enough room to absorb a normal rent shortfall. This one passed our bar.
Fruitvale Transit Village corridor, Oakland · La Clinica de La Raza flagship (1515 Fruitvale Ave) 0.1 mi
Analysis of 2026-09-02 · page updated 2026-10-09
The underwrite
What the $79 underwrite contains
Your underwrite contains the full underwriting
The facts below are public, and so is every source behind them. What a buyer pays for is the answer and the working behind it.
Everything below is public. Your underwrite holds the answer and the working behind it: open it above.
- Our answer at cautious, expected and best-case rents, side by side.
- Every rent we used, and the registry cells it came from.
- Tax reset arithmetic at this ask, with each parcel charge named.
- How far rents can fall before the answer turns over.
- What would change the answer.
- What to demand in writing before you sign.
Delivered within one business day. Every Bay Area 2–4 unit that beats renting and index funds, the week it lists.
Every Bay Area 2–4 unit that beats renting and index funds, the week it lists.
Members: open the full underwrite
This building stood on a board, so the pass opens its underwrite. Sign in and this page hands you the whole thing.
Verification
What we verified
| Fact | Status | Source |
|---|---|---|
| 4 units, plus 3 storage units the listing pitches as ADU candidates | corroborated | the public listing states four units three ways (the unit chip, the Quadruplex subtype, and its prose naming one 2-bedroom/2-bath and three 2-bedroom/1-bath units) and then adds, in its own words, that the buyer is responsible for verifying unit determination; no county building record was read for this parcel |
| 8 bedrooms, 5 baths, 4,060 sqft, built 1923 | corroborated | our listing feed and the live listing agree on all four, and the stated mix (2+2+2+2 bedrooms, 2+1+1+1 baths) sums to both totals. A pair of floor plans in the gallery draw a 751 sqft unit and a 523 sqft unit whose second "bedroom" is a room 5 feet 5 inches wide |
| Ask $795,000 | verified | our 2026-09-02 listing-feed pull and the live listing read the same day carry the identical figure; unchanged since the August 2025 relist |
| FY 2025-26 tax bill $21,162.62, both installments paid | verified | Alameda County Treasurer-Tax Collector secured-tax portal, bill 07101400, parcel 33-2122-14, read 2026-09-02; ad valorem plus direct charges equal the bill total to the penny |
| Assessed $1,076,534 for 2025, above the $795,000 ask | verified | Alameda's bill carries $322,867 of land and $753,667 of improvements; the listing's tax history shows the same figure and $1,098,064 for 2026. A sale at the ask resets the basis down, so the buyer's bill falls |
| Total actual rent $6,163 a month across the four units | stated | financial fields on the public listing ("Total actual rent"), read 2026-09-02, with tenants paying gas and electricity; no per-unit rent and no leases were in evidence. Our cautious case credits more than this from three units, and the rent section says so |
Show the other 3 checks
| Fact | Status | Source |
|---|---|---|
| All four units tenanted under written agreements | stated | lease-term field and prose on the public listing, which describes tenants and rent increases and names no vacancy |
| Listed March 2024 at $899,500 and withdrawn twice that year; relisted August 2025 at $795,000; 379 days on market this episode | verified | price history on the public listing, read 2026-09-02 |
| 13 listing photos analyzed, 3 flags, all re-anchored by eye | verified | photo analysis pass with citation check on 2026-09-02; one furnace citation was re-anchored, and the soft-story and window flags held on the frames that show them |
7 facts checked against a named source. 2 we could not settle. 9 open questions, written out in the underwrite.
Assessor
What the roll says
- Assessed value
- $1,076,534
- Tax rate area
- 17-045
- Rate used
- 2.209%
- Tax bill at this ask
- $10,159/yr
- With parcel charges
- $17,565/yr
A bill on the roll belongs to the seller. A sale resets the assessment, so the figure above is what a buyer at this ask would owe.
Community facilities district: none: the bill carries no Mello-Roos line; its non-ad-valorem items are twenty-six direct charges below, which together come to nearly a full percent of the ask
Standing
Where this sat
On the East Bay board on August 26, 2026, September 2, 2026, September 16, 2026. It ranked #13 that week.