
Oakland, California 94608
This 4-unit Victorian is a High-Potential Investment Opportunity, listed at $1,195,000—positioned above the $1,047,206 Fair Market Value. While the price reflects a premium, the property offers significant upside through its 4-unit configuration and oversized corner lot, which provides rare development potential for an ADU. With a Condition Rating of 4, the asset requires modernization to maximize rental yields. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the prime North Oakland location near UC Berkeley and BART.
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 | 8 | 0 | 2,854 | $367 | - |
A 1028 61st St Sold | $925,000 | 0 | 0 | 2,236 | $414 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1900, this Victorian multi-unit property shows signs of partial updates but remains largely dated. While some bathrooms feature newer vanities and tile work (likely 10-20 years old), other areas show older fixtures, doors, and finishes. There is no mention of recent comprehensive upgrades to major systems like HVAC or electrical, and the overall aesthetic suggests a need for modernization to meet current market standards.
This 4-unit Victorian offers a versatile unit mix, including a large 3BR/2BA main unit, with a projected monthly rental income of $7,000–$8,000, providing strong cash flow potential.
The oversized corner lot and expansive backyard serve as a rare blank canvas for expansion, offering significant potential to add a detached ADU or additional rental units.
Boasting exceptional proximity to Ashby BART, Berkeley Bowl, and UC Berkeley, the property is ideally situated to attract high-quality tenants and benefit from long-term appreciation.
Built in 1900, the property likely requires ongoing specialized maintenance and potential upgrades to aging systems common in century-old Victorian structures.
Operating a multi-unit property in Oakland requires navigating complex local rent control and tenant regulations, which may increase the administrative burden for the owner.
Open house Tuesday 9/2/2026 11-1pm 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 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 | 8.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,854 | 1,630.086 |
| Lot Size | 4,800 | 5,044.686 |
| Price | $1.20M | $1.05M |
| Price per sq ft | $419 | $618 |
| Built year | 1900 | 1927 |
| HOA | $0 | $265 |
| Days on market | 9 | 37 |
Aug 31, 2026
$1,195,000
Initial Listing