
Oakland, California 94603
This triplex represents a Strong Value Opportunity, listed at a List Price of $460,000—positioned well below the $515,152 Fair Market Value by 10%. This valuation gap offers $55,152 in Instant Equity for the buyer. With a Condition Rating of 5, the property requires significant capital expenditure to modernize its 1949 infrastructure. Its commuter-centric location near I-880 provides strong rental demand, making this a strategic Value-Add Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10419 San Leandro St Subject 0 bd · 0 ba · 2,284 sqft · $226 | $460,000* List Price | 0 | 0 | 2,284 | $226 | - |
A 1602 103rd Ave Sold 0 bd · 0 ba · 2,394 sqft · $236 · 0.7 mi | $565,000 | 0 | 0 | 2,394 | $236 | 0.7 mi |
B 740 Tyler St Sold 0 bd · 0 ba · 1,671 sqft · $236 · 0.4 mi | $395,000 | 0 | 0 | 1,671 | $236 | 0.4 mi |
C 403 405 105th Ave Active 0 bd · 0 ba · 0 sqft · 0.5 mi | $580,000 List Price | 0 | 0 | 0 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 (75+ years old) with no mention of recent renovations in the listing. The exterior shows significant signs of deferred maintenance, dated windows, and worn stucco. Based on the age and lack of updates, the property likely requires a full rehab of kitchens, bathrooms, and major systems like HVAC and electrical to meet modern safety and functional standards.
As a triplex with three separate units totaling 2,284 SF, the property offers diversified income streams and significant long-term upside for investors or owner-occupants.
Situated on San Leandro Street with immediate access to I-880 and nearby transit options, the location is highly attractive for tenants commuting throughout the East Bay.
Listed at $460,000, this property represents a low-cost entry point for the Oakland multi-family market, especially considering the inclusion of on-site parking and functional layouts.
The property is served by schools with low performance ratings, including Castlemont High School (rated 1/10), which may impact long-term appreciation and tenant demographics.
Built in 1949, the property likely requires ongoing maintenance or capital expenditures to upgrade aging systems and remain competitive with newer rental inventory.
Well-located triplex in East Oakland offering a strong opportunity for investors or owner-users. The property consists of three units totaling approximately 2,284 SF, providing multiple income streams and long-term upside potential. Situated along San Leandro Street with convenient access to I-880 and nearby transit, the location supports easy commuting and tenant appeal. The property offers functional layouts and on-site space for parking and everyday convenience. A solid addition to any investment portfolio in a steadily growing area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,284 | 2,403.227 |
| Lot Size | 5,201 | 4,461.364 |
| Price | $460.0K | $900.8K |
| Price per sq ft | $201 | $343 |
| Built year | 1949 | 1919 |
| HOA | $0 | $0 |
| Days on market | 9 | 67 |
Oct 15, 2026
$460,000
Initial Listing
Nov 30, 2023
$500,000
Public Record