
Oakland, California 94606
This triplex presents a Strong Value Opportunity, listed at $839,000—positioned well above the $773,838 Fair Market Value by -8%. Featuring a Condition Rating of 4, this Residential Income asset offers immediate cash flow with stable tenants and Individual Metering for all units. While the structure is aging, the Corner Lot with a Detached Garage and Patio provides significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking a stable, income-generating asset in a commuter-friendly Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1723 21st Ave Subject 0 bd · 0 ba · 2,870 sqft · $270 | $839,000* List Price | 0 | 0 | 2,870 | $270 | - |
A 2251 Foothill Blvd Sold 0 bd · 0 ba · 2,917 sqft · $206 · 0.2 mi | $600,000 | 0 | 0 | 2,917 | $206 | 0.2 mi |
B 1718 6th Avenue Sold 0 bd · 0 ba · 2,428 sqft · $308 · 0.9 mi | $747,500 | 0 | 0 | 2,428 | $308 | 0.9 mi |
C 2506 Highland Ave Sold 0 bd · 0 ba · 2,265 sqft · $380 · 0.5 mi | $860,000 | 0 | 0 | 2,265 | $380 | 0.5 mi |
D 2828 22nd Avenue Sold 0 bd · 0 ba · 3,648 sqft · $206 · 0.7 mi | $750,000 | 0 | 0 | 3,648 | $206 | 0.7 mi |
E 2051 23rd Ave Active 0 bd · 0 ba · 2,668 sqft · $231 · 0.2 mi | $615,000 List Price | 0 | 0 | 2,668 | $231 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1943, this property is over 80 years old and exhibits a dated exterior with visible wear on the siding and balconies. While the listing states it is well-maintained and fully occupied, its age and lack of recent major renovation details suggest it likely requires minor updates and ongoing maintenance typical for a property of this vintage.
Elementary School: Crocker Highlands Elementary School (9/10).
All units, including water, are individually metered, which significantly reduces landlord operating expenses and simplifies utility management.
The triplex is fully occupied with stable tenants, offering immediate cash flow and strong income potential for investors from day one.
Built in 1943, the property is over 80 years old, which may necessitate higher long-term maintenance costs and capital improvements for aging systems.
The closest neighborhood public schools, such as Garfield Elementary and Roosevelt Middle School, have lower performance ratings, which could limit appeal for families with school-aged children.
1719-1723 E. 21st Ave. presents an opportunity to purchase a fully occupied triplex property seeking immediate income and upside potential. Ideal mix of units consists of two 3 bedroom and 1 bath units, and one 1 bedroom and 1 bath unit. All units are well maintained and with stable tenants. The corner lot features inside common yard area and a detached garage space. All meters including water are individually metered further reducing operating expenses. Set in Oakland’s San Antonio neighborhood, the home sits minutes from Lake Merritt and Downtown Oakland, with BART nearby and quick access to I-880.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,870 | 2,403.227 |
| Lot Size | 5,835 | 4,461.364 |
| Price | $839.0K | $900.8K |
| Price per sq ft | $292 | $343 |
| Built year | 1943 | 1919 |
| HOA | $0 | $0 |
| Days on market | 43 | 67 |
Sep 11, 2026
$839,000
Initial Listing
Sep 17, 2015
$610,000
Public Record