
Oakland, California 94621
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $799,000 Fair Market Value. Featuring a Mint Condition Rating following a comprehensive recent renovation, this property includes a three-car garage and a private patio. While local school ratings are modest, the significant square footage and updated interiors provide immediate rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through multi-unit income in a central Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1669 85th Avenue Subject 0 bd · 0 ba · 3,152 sqft · $253 | $799,000* List Price | 0 | 0 | 3,152 | $253 | - |
A 1336 83rd Ave Active 0 bd · 0 ba · 3,044 sqft · $246 · 0.3 mi | $749,000 List Price | 0 | 0 | 3,044 | $246 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive recent renovation within the last 5 years. The interior features a modern kitchen with new white shaker cabinets, stone countertops, and brand-new stainless steel appliances (some still with protective film). The units have been updated with new laminate flooring, recessed lighting, and refreshed bathrooms, meeting the criteria for mint condition.
As a quadruplex featuring over 3,100 square feet of living space, this property offers significant rental income potential for investors or owner-occupants looking to offset their mortgage.
The inclusion of a three-car garage provides rare and highly desirable off-street parking and additional storage options, which is a major competitive advantage in the Oakland rental market.
With a recent price reduction to $799,000, the property is now positioned well below its 2021 sale price of $875,000, offering a potential value-add opportunity for savvy buyers.
The property is served by local schools with low performance ratings (ranging from 1 to 3), which may limit the tenant pool and impact long-term capital appreciation.
The reliance on wall furnaces for heating and the total lack of a cooling system may require immediate capital improvements to meet modern standards of comfort and energy efficiency.
Located in Oakland, this spacious home offers 3,152 square feet of living space on a lot size of approximately 5,300 square feet. The property includes a three-car garage, providing ample parking and storage options. Heating is provided through a wall furnace, and the home does not have a cooling system. The residence falls within the Oakland Unified elementary school district. This home presents various possibilities for comfortable living in the city of Oakland.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,152 | 2,403.227 |
| Lot Size | 5,300 | 4,461.364 |
| Price | $799.0K | $900.8K |
| Price per sq ft | $253 | $343 |
| Built year | 1960 | 1919 |
| HOA | $0 | $0 |
| Days on market | 130 | 67 |
Sep 12, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Jun 16, 2026
$850,000
Initial Listing
Dec 7, 2021
$875,000
Public Record
Jan 30, 2009
$229,000
Public Record
Oct 4, 2005
$651,500
Public Record
Jan 14, 2002
$395,000
Public Record