
Oakland, California 94607
This Turnkey Fourplex Investment is listed at $1,299,000, offering a stable acquisition at its $1,299,000 Fair Market Value. Featuring four 2-bedroom units and a Condition Rating of 4, the property delivers immediate cash flow with significant upside through future interior updates. The gated complex includes dedicated parking and distant SF skyline views, strategically located near West Oakland BART and schools like PLACE Elementary. With strong rental demand in a primary commuter hub, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1745 Chase St Subject | $1,299,000* List Price | 0 | 0 | 3,800 | $342 | - |
A 1502 8th St Sold | $1,125,000 | 0 | 0 | 0 | 0.3 mi | |
B 858 858 Pine St Active | $985,000 List Price | 0 | 0 | 2,540 | $388 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970, making it 54 years old. While the exterior appears maintained, there are no interior images provided to assess the condition of kitchens, bathrooms, flooring, or appliances. The listing description explicitly notes 'Property Age & Potential for Updates' and 'Undisclosed Unit Interior Condition,' suggesting that the interiors are likely dated and would require significant cosmetic renovations and potential system upgrades to meet modern standards. It is functional as a 'Turnkey Fourplex Investment' but shows signs of being outdated.
Described as a 'Turnkey Fourplex Investment' and 'solid income-producing property,' indicating immediate revenue potential and a clear investment focus.
Strategically located near West Oakland BART with quick connections to San Francisco, Downtown Oakland, and major freeways, appealing to a wide tenant base.
Features a gated property with remote-controlled entry, dedicated parking for each unit, and an on-site coin-operated laundry room, adding value and convenience for tenants.
Built in 1970, the property may require significant capital expenditures for system upgrades or cosmetic renovations to meet modern tenant expectations and maintain competitiveness.
The description lacks details on the interior condition or recent renovations of the individual units, suggesting they might be dated or require tenant-specific improvements.
While schools are nearby, some public schools in the vicinity have lower ratings, which could be a consideration for families with school-aged children and potentially limit a segment of the rental market.
Turnkey Fourplex Investment. Discover a solid income-producing property in one of Oakland’s most convenient commuter hubs. This gated fourplex features four 2-bedroom, 1-bath units, each with dedicated parking. A remote-controlled entry gate ensures tenant privacy, while an on-site coin-operated laundry room adds extra income. Near West Oakland BART, with quick connections to San Francisco, Downtown Oakland, and major freeways. Strong rental demand and long-term growth make this an excellent addition to any portfolio.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-3 • 1.0 mi
Grades 6-8 • 1.0 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 | 3,800 | 2,042 | 78% |
| Lot Size | 5,500 | 3,500 | 89% |
| Price | $1.30M | $727.0K | 89% |
| Price per sq ft | $342 | $337 | 56% |
| Built year | 1970 | 1902 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 231 | 218 | 67% |
Sep 3, 2025
$1,299,000
Initial Listing
Feb 16, 1995
$125,000
Public Record