
Oakland, California 94621
This Quadruplex Income Property is a Strong Value Opportunity, listed at $825,000—positioned slightly above the $811,745 Fair Market Value. Featuring four 2-bedroom, 1-bathroom units with separate utility meters, this asset offers a stable, low-overhead rental model. With a Good Condition Rating and modern interior updates, the property is move-in ready. While local school ratings are low, the potential for house-hacking makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1817 73rd Ave Subject | $825,000* List Price | 0 | 0 | 3,092 | $263 | - |
A 7448 Lockwood St Active | $899,000 List Price | 0 | 0 | 3,560 | $253 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1952, the property has undergone significant renovations likely within the last 5-15 years. Interior photos show updated LVP flooring, granite countertops, and modern bathroom fixtures. The units appear well-maintained, functional, and move-in ready, meeting the criteria for a 'Good' rating despite the original age of the structure.
The property features four identical 2-bedroom, 1-bathroom units, providing a consistent and highly marketable rental product that maximizes income potential in the Oakland market.
Equipped with separate meters for gas, electricity, and water, this asset significantly reduces landlord overhead and simplifies expense management by shifting utility costs to tenants.
The potential to occupy one unit while renting the others offers a prime 'house-hacking' opportunity, making the property eligible for favorable residential financing options.
The assigned public schools have very low ratings (ranging from 1 to 3), which may limit the property's appeal to families and impact long-term appreciation.
Built in 1952, the property may require significant capital investment for modernizing aging systems or addressing deferred maintenance common in mid-century multi-family structures.
Income Property with Potential: 4 Units all 2 Bedrooms 1 Bathroom. Potential to Live in one unit. Separate Gas/Electric and Water Meters.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 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 | 3,092 | 2,103 | 64% |
| Lot Size | 6,020 | 5,633 | 91% |
| Price | $825.0K | $560.0K | 91% |
| Price per sq ft | $267 | $230 | 55% |
| Built year | 1952 | 1924 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 152 | 9% |
May 9, 2026
$825,000
Initial Listing
Apr 30, 2012
$243,500
Public Record
Mar 29, 2005
$635,000
Public Record