208 Ridgeway Avenue, Oakland, California 94611, Oakland, 94611 - 0 bed, 0 bath
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208 Ridgeway Avenue
Oakland, California 94611
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,344Sq Ft
5,052Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$903,321
10% AboveMARKET VALUE
SUMMARY
This triplex represents a High-Potential Investment Opportunity, listed at a List Price of $999,000—positioned above the $903,322 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 4, it offers immediate, diversified cash flow from three rental units in a highly walkable neighborhood. Proximity to Piedmont Middle School (9/10) and Piedmont High School (10/10) adds long-term stability. This asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a classic 1925 structure.
Estimated Market Value
$903,321
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 208 Ridgeway Avenue Subject 0 bd · 0 ba · 2,344 sqft · $385 | $999,000* List Price | 0 | 0 | 2,344 | $385 | - |
A 4283 Howe Street Sold 0 bd · 0 ba · 1,856 sqft · $539 · 0.1 mi | $1,000,000 | 0 | 0 | 1,856 | $539 | 0.1 mi |
B 4035 Howe St Sold 0 bd · 0 ba · 2,970 sqft · $320 · 0.2 mi | $950,000 | 0 | 0 | 2,970 | $320 | 0.2 mi |
C 3271 Kempton Ave Sold 0 bd · 0 ba · 2,803 sqft · $410 · 0.7 mi | $1,150,000 | 0 | 0 | 2,803 | $410 | 0.7 mi |
D 74 Pearl St Sold 0 bd · 0 ba · 3,160 sqft · $348 · 0.8 mi | $1,100,000 | 0 | 0 | 3,160 | $348 | 0.8 mi |
E 4277 Howe St Sold 0 bd · 0 ba · 0 sqft · 0.1 mi | $1,180,000 | 0 | 0 | 0 | 0.1 mi | |
F 4131 Howe Street Active 0 bd · 0 ba · 2,272 sqft · $440 · 0.1 mi | $999,000 List Price | 0 | 0 | 2,272 | $440 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1925, this property is functional and income-producing but shows clear signs of age. Exterior photos reveal cracked concrete and weathered wood, and the listing description explicitly mentions 'potential for an investor to make improvements over time,' indicating that the kitchens, bathrooms, and systems are likely dated (>20 years) and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
- Prime Walkable Location
Situated in the highly sought-after Piedmont Avenue neighborhood, the property offers exceptional walkability to premier dining, retail, Kaiser Permanente, and major transit links including BART and Highway 580.
- Immediate Rental Income
As a fully occupied triplex with three distinct units, the property provides immediate, diversified cash flow from three separate rental streams, offering stability for an incoming investor.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
The property is sold fully occupied, which may limit options for owner-occupants or investors seeking immediate unit turnover for renovations due to Oakland's stringent tenant protection laws.
- Aging Infrastructure
Given the 1925 build date, the property may require significant capital expenditure for deferred maintenance or system upgrades common in century-old residential income buildings.
About 208 Ridgeway Avenue
Opportunity awaits at 208210 Ridgeway Avenue, a fully occupied triplex in Oaklands desirable Piedmont Avenue neighborhood. The property features three distinct residences: Unit 208 offers two bedrooms, a versatile bonus room and one bathroom and W & D in unit, while Units 210A and 210B each offer one bedroom and one bathroom. This established income-producing property provides three rental streams and meaningful long-term potential for an investor to make improvements over time. Conveniently located near the shops, restaurants and everyday amenities of Piedmont Avenue, with easy access to Kaiser Permanente, Temescal, Rockridge, Highway 580 and nearby BART. A compelling opportunity to acquire a three-unit property in one of North Oaklands most walkable and sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1925
- Lot Size
- 5,052 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Piedmont Avenue Elementary School
Grades K-5 • 0.2 mi
2/10
Westlake Middle School
Grades 6-8 • 1.1 mi
2/10
Piedmont Middle School
Grades 6-8 • 1.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,344 | 2,403.227 |
| Lot Size | 5,052 | 4,461.364 |
| Price | $999.0K | $900.8K |
| Price per sq ft | $426 | $343 |
| Built year | 1925 | 1919 |
| HOA | $0 | $0 |
| Days on market | 30 | 67 |
Pricing History
Listed for Sale
Sep 24, 2026
$999,000
Initial Listing