If you're looking for a meeting place or a good stop around ½ or halfway between Sacramento and Oakland, you can try Fairfield, CA, which is about half an hour southwest of Sacramento, or almost an hour north of Oakland.
Another possible place to stop near the midpoint is Clima.
About ¼ or a fourth of the way, you can stop at Dixon, CA. This is about half an hour southwest of Sacramento.
About ⅓ or a third of the way, you can stop at Batavia, CA. This is about half an hour southwest of Sacramento.
About ⅔ or two thirds of the way, you can stop at Vallejo, CA. This is almost an hour southwest of Sacramento, or about half an hour north of Oakland.
About ¾ or three fourths of the way, you can stop at Hercules, CA. This is about 1 hour southwest of Sacramento, or about 19 minutes north of Oakland.
If you drive straight through without stopping at all, the total distance is 82 miles. The distances shown above don't include local roads to get into each town, so if you're planning a long road trip, make sure you factor in traffic and road conditions, rest stop breaks, and interesting detours along the way. If you're in a rush, you can do the trip with zero stops, and your total travel time would be around 1 hour, 20 minutes.