
Oakland, California 94602
This Value-Add Quadruplex is a High-Potential Investment Opportunity in the desirable Glenview neighborhood. Listed at $1,458,000, the price reflects the area's high demand relative to its $1,356,348 Fair Market Value. With a Condition Rating of 4, the property offers significant upside through the modernization of its 1928 infrastructure. Each unit allows for two-bedroom conversions to capture projected market rents over $10,000. Featuring a rare four-car attached garage and access to top-rated schools like Crocker Highlands Elementary, this asset is ideal for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1424 1424 Hampel St Subject | $1,458,000* List Price | 0 | 0 | 3,584 | $378 | - |
A 4008 Woodruff Ave Sold | $1,250,000 | 0 | 0 | 0 | 0.1 mi | |
B 2550 2550 Damuth St Active | $1,250,000 List Price | 0 | 0 | 4,003 | $312 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is a classic 'value-add' investment. While the structure appears well-maintained with original hardwood floors and functional spaces, the kitchens and bathrooms are significantly outdated, featuring older cabinetry, tile countertops, and aged appliances. The property requires modernization of its interior finishes and likely its mechanical systems to meet current market standards and achieve the projected rental income.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Each unit offers approximately 870 square feet with the specific potential to be reconfigured into two-bedroom layouts, significantly increasing rental yield and long-term asset value.
Situated in the highly desirable Glenview neighborhood, the property benefits from strong rental demand, proximity to everyday conveniences, and access to high-performing schools like Crocker Highlands Elementary.
Built in 1928, the property likely requires ongoing maintenance and potential upgrades to aging systems to meet modern standards and ensure structural longevity.
Achieving the projected market rents of over $10,000 per month will necessitate a substantial upfront investment in renovations and unit conversions.
Desirable Glenview 4-Plex – Prime Investment Opportunity Fantastic opportunity to own a well-located 4-plex in the highly desirable Glenview neighborhood. This property features a 4-car attached garage and offers a central location with everyday conveniences nearby, plus quick access to the freeway for easy commuting. Each unit offers approximately 870 square feet of living space and provides the potential to be converted into 2 bedrooms, 1 bathroom, adding even more value and rental appeal. With strong rental demand in the area, the property has the potential to generate over $10,000 per month in market rents. Don't miss this value-add opportunity in a prime location with excellent income potential
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,584 | 1,865 | 67% |
| Lot Size | 4,400 | 4,400 | 50% |
| Price | $1.46M | $891.8K | 83% |
| Price per sq ft | $407 | $399 | 50% |
| Built year | 1928 | 1936 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 189 | 17% |
Feb 25, 2026
$1,458,000
Initial Listing
Aug 4, 2010
$325,000
Public Record
Oct 9, 2003
$700,000
Public Record