
Oakland, California 94603
This Renovated Multi-Unit Residential Income Asset is a Strong Value Opportunity, listed at $899,000—positioned well below the $946,783 Fair Market Value by 5%. This valuation gap provides $47,783 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the property features a massive 4,064 sqft footprint including a Victorian front home and two recently updated rear units with modern shaker cabinetry and stone countertops. The generous 8,621 sqft lot offers rare scale for the area. This turnkey property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1840 1840 90th Avenue Subject | $899,000* List Price | 0 | 0 | 4,064 | $233 | - |
A 1250 95th Ave Sold | $830,000 | 0 | 0 | 0 | 0.5 mi | |
B 1624 96th Ave Sold | $915,000 | 0 | 0 | 0 | 0.3 mi | |
C 1725 96th Ave Active | $949,950 List Price | 0 | 0 | 3,648 | $260 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1910, the property has undergone extensive recent renovations. The kitchens feature modern white shaker cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been updated with contemporary vanities and tiled surrounds. The interior shows high-quality finishes including recessed lighting, updated flooring, and fresh paint, making all units move-in ready with no immediate renovation required.
The property features multiple residential units on a single lot, including a Victorian front home and two rear units, providing a robust opportunity for high rental yield or multi-generational living.
The two rear units have been recently renovated, offering modern living spaces that reduce immediate capital expenditure requirements and appeal to high-quality tenants.
With over 4,000 square feet of living space on a generous 8,621 square foot lot, this property offers a significant scale and footprint rarely found at this price point in the Oakland market.
Built in 1910, the Victorian-style front home may require specialized maintenance and potential upgrades to aging systems, which can be more costly than modern construction.
Located in East Oakland, the property may be subject to slower appreciation rates and different tenant management challenges compared to more central or affluent Oakland districts.
Prime investment opportunity in Oakland. 1840 90th Avenue features multiple residential units on one lot, offering strong income potential. The front Victorian-style home includes a 2-bedroom and 1.5-bathroom upper unit along with additional lower units. The rear property at 9019 & 9021 Birch Street offers two units, each with 2 bedrooms and 1 bathroom, both recently renovated. Ideal for investors seeking rental income or multi-generational living. Conveniently located near transportation, schools, and local amenities.
No exterior & parking available.
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 | 4,064 | 2,678.5 | 83% |
| Lot Size | 8,621 | 7,025 | 83% |
| Price | $899.0K | $802.5K | 67% |
| Price per sq ft | $221 | $275 | 33% |
| Built year | 1910 | 1938 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 174 | 17% |
Feb 26, 2026
$899,000
Initial Listing
Nov 14, 2018
$715,000
Public Record
Jul 10, 2015
$446,000
Public Record
Jun 8, 2010
$200,000
Public Record