1467 74th Ave, Oakland, California 94621, Oakland, 94621 - 0 bed, 0 bath
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Oakland, California 94621
This Strategic Multi-Family Acquisition is listed at $500,000, offering a high-capacity rental footprint in a transit-connected corridor. While currently priced above the $444,400 Fair Market Value, the property’s Poor Condition Rating and 1924 vintage present a clear Value-Add path for forced appreciation through modernization. Positioned on a substantial 10,700-square-foot lot near Coliseum BART, the asset benefits from off-street parking and a diversified unit mix to mitigate vacancy risks. This is a high-potential project for Value-Add Investors or Portfolio Managers looking to stabilize a distressed income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1467 74th Ave Subject | $500,000* List Price | 0 | 0 | 3,121 | $148 | - |
A 1427 65th Ave Sold | $450,000 | 0 | 0 | 3,192 | $141 | 0.5 mi |
B 1932 Seminary Ave Sold | $585,000 | 0 | 0 | 3,218 | $182 | 0.8 mi |
C 1468 84th Ave Sold | $400,000 | 0 | 0 | 2,103 | $190 | 0.6 mi |
D 1226 73rd Ave Sold | $360,500 | 0 | 0 | 0 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this property is 100 years old. The exterior images show significant deferred maintenance, including faded/peeling paint, an unkempt and cracked driveway, and overgrown weeds. The property analysis explicitly highlights the age as a weakness, noting the likely need for 'significant capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) and general modernization' and 'outdated interiors.' Without any indication of recent major renovations, the property requires substantial repairs and rehabilitation to bring it to a functional and appealing standard, aligning with the 'Poor' condition criteria.
This quadruplex property is explicitly marketed as a 'Residential Income' asset with 'steady rental demand,' offering a strategic opportunity for investors seeking consistent cash flow.
Located in a transit-connected Oakland area near Coliseum BART and the 880 corridor, the property provides easy access for commuting, significantly enhancing its appeal to a broad tenant base.
Positioned on a substantial 10,700-square-foot lot, the property offers potential for future expansion, additional amenities, or landscaping improvements, subject to local zoning regulations.
Built in 1924, the property is nearly a century old, which often implies the need for significant capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) and general modernization to meet current building codes and tenant expectations.
The description lacks details on recent renovations or interior updates, suggesting units may be in original or dated condition, which could require substantial investment to maximize rental income and tenant appeal in a competitive market.
While 'steady rental demand' is mentioned, the absence of current rent rolls, detailed operating expenses, or a pro forma cap rate makes it challenging for a prospective buyer to immediately assess the property's financial performance and investment viability without further due diligence.
1467 74th Avenue offers a strategic opportunity to acquire a four-unit multifamily property with steady rental demand. Built in 1924, the property includes two 2 bedroom units, 2 one bedroom unit and one studio unit totaling approximately 3,121 square feet and is positioned on a generous 10,700-square-foot lot. Off-street parking enhances tenant appeal and operational flexibility. Located in a transit-connected Oakland location near Coliseum BART and the 880 corridor, the property presents easy access for commuting.
No exterior & parking available.
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 | 3,121 | 1,968.5 | 60% |
| Lot Size | 10,700 | 5,688.5 | 90% |
| Price | $500.0K | $521.0K | 40% |
| Price per sq ft | $160 | $206 | 30% |
| Built year | 1924 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 144 | 162 | 50% |
Jan 13, 2026
$500,000
Initial Listing
Nov 20, 2008
$170,000
Public Record