1086 66th St, Oakland, California 94608, Oakland, 94608 - 0 bed, 0 bath
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Oakland, California 94608
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,259,666 Fair Market Value. While not a discount purchase, the property offers significant upside through its oversized corner lot and development potential for an ADU. With a Fair Condition Rating and a vacant 3BR/2BA main unit, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income in a high-demand North Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1086 66th St Subject | $1,195,000* List Price | 0 | 0 | 2,854 | $419 | - |
A 866 54th St Sold | $1,250,000 | 0 | 0 | 3,006 | $416 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1900, the property shows signs of partial cosmetic updates (likely 10-20 years old) including newer laminate flooring and basic bathroom vanities/toilets. However, the overall aesthetic remains dated, and the exterior shows significant wear such as cracked concrete and older siding. Given the age and the 'budget' nature of the visible renovations, the systems are likely older, placing it in the Fair category as it needs modernization to meet current market standards.
The oversized corner lot and expansive backyard provide a rare opportunity for adding a detached ADU or guest house, significantly increasing the property's future value and density.
With a large 3-bedroom, 2-bathroom main unit delivered vacant, the property is ideal for an owner-occupant looking to offset their mortgage with rental income from the other three units.
Situated in North Oakland near UC Berkeley, Ashby BART, and Berkeley Bowl, the property boasts excellent transit access and proximity to major amenities, ensuring strong tenant demand.
Built in 1900, this Victorian structure likely requires ongoing capital expenditures for seismic retrofitting and system updates typical of century-old multi-unit buildings.
Operating a four-unit property in Oakland requires navigating complex local rent control ordinances and tenant protections, which may impact long-term operational flexibility.
Victorian Charm Meets Incredible Income Potential on a Prime Corner Property with Expansive Backyard Lot! Don’t miss this rare opportunity to own a character-filled Victorian 4-unit property offering timeless charm, strong income potential, and exciting future possibilities in a desirable Oakland location. Situated on a prime corner lot with a massive backyard, this light-filled Victorian combines historic character, added privacy, and exceptional development potential. The property features a large vacant 3-bedroom, 2-bath main unit — perfect for an owner-occupant or investor seeking flexibility and immediate upside. The unit mix includes one spacious 3BR/2BA main unit, two 2BR/1BA units, and one 1BR/1BA unit, with projected rental income potential of approximately $7,000–$8,000 per month. A standout feature is the oversized backyard lot, offering a rare blank canvas for expansion. The desirable corner location provides convenient street access, making it especially attractive for a potential detached ADU, guest house, home office, or additional rental unit (buyers to investigate and verify with the city). Additional highlights include ample off-street parking for tenants and guests, plus a large upstairs storage area. Conveniently located just 2.5 miles to UC Berkeley, 1.2 miles to Ashby BART, 0.6 miles to Berkeley Bowl, and 1.7 miles to Whole Foods, with easy access to shopping, dining, freeways, and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,854 | 2,547 |
| Lot Size | 4,800 | 4,475 |
| Price | $1.20M | $860.2K |
| Price per sq ft | $419 | $344 |
| Built year | 1900 | 1920 |
| HOA | $0 | $0 |
| Days on market | 42 | 56 |
Jun 24, 2026
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Jun 18, 2026
$1,295,000
$1,395,000
-7% Price Drop
Initial Listing
Jun 10, 2026
$1,395,000
Initial Listing