
Oakland, California 94606
This Fully Occupied Residential Income Triplex is listed at $925,000, representing a stable asset priced near its $893,877 Fair Market Value. The property generates immediate cash flow from three units, all currently on flexible month-to-month agreements. Despite a Condition Rating of 4 reflecting its historic 1918 character, the 2,493 sqft interior offers a high-demand unit mix including a large 4-bedroom layout. Located near the 9/10 rated Crocker Highlands Elementary School, it combines strong rental appeal with long-term neighborhood stability. This is an optimal entry point for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1925 1925 E 15th St Subject | $925,000* List Price | 0 | 0 | 2,493 | $359 | - |
A 1854 International Blvd Sold | $1,122,000 | 0 | 0 | 0 | 0.1 mi | |
B 1148 E 15th St Sold | $670,000 | 0 | 0 | 0 | 0.5 mi | |
C 1944 E 24th St Sold | $955,000 | 0 | 0 | 0 | 0.6 mi | |
D 2232 11th Ave Sold | $680,000 | 0 | 0 | 0 | 0.7 mi | |
E 2737 12th Avenue Active | $899,000 List Price | 0 | 0 | 2,729 | $329 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1918, this century-old triplex is functional and fully occupied, indicating it is maintained for habitability. However, the property shows signs of age typical of its era, including a poor bedroom-to-bathroom ratio (4BR/1BA) and likely outdated internal systems. The lack of interior photos and the 'do not disturb tenants' instruction suggest the units have not undergone recent high-end renovations and likely feature older fixtures and finishes.
Elementary School: Crocker Highlands Elementary School (9/10).
The property is a fully rented triplex, providing immediate rental income for investors from the day of acquisition.
All units are currently on month-to-month rental agreements, offering the new owner significant flexibility for rent adjustments or potential owner-occupancy.
Built in 1918, the property may require significant ongoing maintenance or capital expenditures to update aging electrical, plumbing, and structural systems.
The large 4-bedroom unit is served by only a single bathroom, which may be a drawback for larger families and could limit the maximum achievable rent.
Full occupancy combined with a 'do not disturb' instruction can complicate the due diligence process and the initial transition of management.
Fully rented triplex offering immediate rental income and long term potential, with all units tenant occupied on month to month rental agreements, creating a strong opportunity for investors seeking steady cash flow or for an owner occupant looking to offset mortgage expenses with rental income. The unit mix includes one 4 bedroom/1 bath unit and two 2 bedroom/1 bath units. Please do not disturb tenants.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 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 | 2,493 | 2,464 | 50% |
| Lot Size | 5,950 | 5,600 | 50% |
| Price | $925.0K | $830.0K | 50% |
| Price per sq ft | $371 | $299 | 80% |
| Built year | 1918 | 1921 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 209 | 10% |
Feb 11, 2026
$925,000
Initial Listing
Aug 5, 2021
$855,000
Public Record
Feb 3, 1998
$156,000
Public Record