REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 895,000
Est. payment | /mo
2,299 Sqft Lot
$ 895,000
Est. payment | /mo
2,299 Sqft Lot
Open House
Thu Jun 04, 11:00am - 1:00pm
Sun Jun 07, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 41135993
HOA Y/N No
Year Built 1909
Lot Size 2,299 Sqft
Property Sub-Type Quadruplex
Property Description
A 1909 Victorian fourplex in the heart of downtown Oakland, priced at $186/SF in one of the city's most central addresses. The building carries its original character — bay windows, built-in cabinetry, hardwood floors — and the new 2025 roof takes the largest near-term capital item off the table. Gross annual rents of $96,756 grow to $125,484 at market as the vacant 2BR leases at $2,700 and the long-tenured 3BR turns toward $3,200, lifting net operating income from $58,000 to $82,000. Four electric meters and three gas meters keep operations clean, with the owner paying only garbage. The studio and adjacent 2BR can be combined into a larger unit, and the property's downtown mixed-use zoning opens a long-horizon density play. Minutes from BART, I-980/I-580, and downtown's full retail and employment core — a fourplex built for an owner-occupier, first-time multifamily buyer, or value-add investor ready to step into Oakland's core.
Location
State CA
County Alameda
Zoning D-DT-RX
Interior
Heating Electric, Floor Furnace
Flooring Carpet, Vinyl
Fireplace No
Appliance Gas Water Heater, Dryer
Exterior
Roof Type Shingle
Building
Lot Description Back Yard, Street Level
Others
Tax ID 22319
Listed by Joey Wang Keller Williams Realty #01890931
NEARBY SCHOOL & BUSINESS
279 e Arrow Hwy Suite 103, Dimas, CA, 91773, Unite States