
Oakland, California 94603
This High-Potential Investment Opportunity is a Residential Income Fourplex listed at $589,000, positioned well below the $597,267 Fair Market Value by 1%. This valuation gap offers $8,267 in Instant Equity. With a Condition Rating of 4, the property is fully occupied, providing immediate cash flow. The unit mix of two 2-bedroom units and two studios offers versatile rental strategies. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in Oakland.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 96th Avenue Subject | $589,000* List Price | 0 | 0 | 1,873 | $319 | - |
A 9945 B St Sold | $450,000 | 0 | 0 | 1,679 | $268 | 0.3 mi |
B 10407 10411 Pontiac Street Sold | $467,000 | 0 | 0 | 1,452 | $322 | 0.5 mi |
C 1442 92nd Avenue Active | $540,000 List Price | 0 | 0 | 1,450 | $372 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this 82-year-old property is functional and fully rented, but the lack of mentioned renovations suggests dated interiors and systems. While habitable, it likely requires cosmetic updates and minor repairs to meet modern standards.
The property is fully occupied with long-term tenants, providing a turnkey investment opportunity with stable, immediate rental income from the date of purchase.
With a mix of two 2-bedroom units and two studios, the property supports multiple strategies, including a pure investment play or an owner-occupant 'house-hack' scenario.
At a list price of $589,000 for a four-unit residential income property in Oakland, this represents a highly competitive price-per-unit and a lower barrier to entry for investors.
Built in 1942, the property likely requires ongoing maintenance and potential capital improvements to aging systems such as plumbing, electrical, and roofing to remain competitive.
The total square footage of 1,873 across four units results in very compact living quarters, which may limit future rent growth and appeal to tenants seeking more spacious accommodations.
Nice and fully rented fourplex in the city of Oakland, 2 units of 2 bed 1 bath , and 2 studios. Perfect investment with long term tenants, live in one and rent the others or rent them all.
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 | 1,873 | 2,530.25 |
| Lot Size | 6,250 | 4,390.625 |
| Price | $589.0K | $918.2K |
| Price per sq ft | $314 | $343 |
| Built year | 1942 | 1921 |
| HOA | $0 | $0 |
| Days on market | 28 | 66 |
Aug 12, 2026
$589,000
Initial Listing
Jun 18, 2010
$182,000
Public Record
Mar 20, 2006
$600,000
Public Record