1669 85th Avenue, Oakland, California 94621, Oakland, 94621 - 0 bed, 0 bath
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Oakland, California 94621
This High-Potential Investment Opportunity is a Quadruplex listed at $850,000, positioned slightly above the $807,610 Fair Market Value. While not a discount buy, the property features a Good Condition Rating with three of four units recently renovated, minimizing immediate capital expenditure. Key amenities include enclosed 3-car garages, individual storage, and a large communal backyard, which drive strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing property with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1669 85th Avenue Subject | $850,000* List Price | 0 | 0 | 3,152 | $256 | - |
A 1817 73rd Ave Active | $815,000 List Price | 0 | 0 | 3,092 | $264 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the structure dates to 1960, the property is well-maintained with significant recent capital improvements. Three out of four units have been renovated within the last 1-5 years, featuring modern shaker cabinets, stone countertops, and updated flooring. Systems are in functional condition with a 12-year-old roof and recently replaced water heaters. The presence of one original unit and the overall age of the building prevent an 'Excellent' rating, but it is firmly in 'Good' condition.
Three of the four units have undergone significant updates within the last five years, including renovated kitchens, bathrooms, and new flooring, which reduces immediate capital expenditure for the investor.
The property features rare enclosed three-car garages, individual storage units for each tenant, and a large communal backyard, significantly increasing its rental appeal and competitive edge.
The building offers a favorable mix of three large two-bedroom units and one one-bedroom unit, providing a versatile income stream and attracting a wider range of long-term tenants.
The property is served by local schools with very low performance ratings (ranging from 1 to 3), which may deter families and potentially limit long-term appreciation compared to other neighborhoods.
One unit remains in original condition, representing a pending renovation cost and a temporary gap in achieving the property's full market-rate rental potential.
Great Investment Opportunity 4 plex with three large 2 bedrooms/1 bath units and 1 bedroom/1 bath unit. Enclosed 3 car garages, well maintained building with endless possibilities. Two units have been updated in the past five years, Unit C, kitchen and bath was updated in 2025, and Unit D bath was updated 3 years ago. Unit B bath and kitchen were updated, water heater replaced, new flooring done 2 years ago, and 4th unit is original with a replaced water heater done in June 2026. The roof is approximately 12yrs old. Installation of a wrought iron railing leading to the second floor. In the backyard, each unit has an assigned storage for tenants' extra items and a large backyard for gatherings/ entertainment that all tenants can use. Come and see this income producing property.
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 | 2,547 |
| Lot Size | 5,300 | 4,475 |
| Price | $850.0K | $860.2K |
| Price per sq ft | $270 | $344 |
| Built year | 1960 | 1920 |
| HOA | $0 | $0 |
| Days on market | 36 | 56 |
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