23 Peroly Court, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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Oakland, California 94601
This Multi-Unit Income Asset is listed at $875,000, positioned near its $819,206 Fair Market Value as a rare entry-level quadruplex opportunity in a high-demand corridor. Currently maintaining a Fair Condition Rating, the 1948 structure provides a functional 2,754 SqFt footprint with immediate value-add potential through system updates and cosmetic renovations. The property features a private patio and offers access to Lincoln Middle School (9/10) and Alameda High School (9/10). This versatile property is a strategic choice for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through a classic house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23 Peroly Court Subject | $875,000* List Price | 0 | 0 | 2,754 | $297 | - |
A 2443 Grande Vista Ave Sold | $930,000 | 0 | 0 | 2,898 | $321 | 0.3 mi |
B 2539 Grande Vista Ave Sold | $822,000 | 0 | 0 | 2,377 | $346 | 0.2 mi |
C 3234 E 27th St Active | $885,000 List Price | 0 | 0 | 3,200 | $277 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the property appears to be maintained through regular upkeep as seen in the exterior stucco and functional stairways, but it lacks evidence of recent comprehensive renovations. The absence of interior images for the kitchen and bathrooms, combined with the property analysis noting potential deferred maintenance, suggests the systems and finishes are likely aged and outdated, fitting the 'fair' condition criteria.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
As a quadruplex, this property offers a significant opportunity for consistent rental income or a house-hacking strategy in a high-demand Oakland rental market.
Listed at $875,000 for four units, the price per unit is highly attractive for the Bay Area, providing a lower barrier to entry for residential income investors.
Most of the immediate public schools serve the area with lower performance ratings, which may impact the long-term appreciation and the specific tenant profile.
Built in 1948, the structure may require significant capital expenditures for modernizing aging systems or addressing deferred maintenance common in older multi-family assets.
Exceptional opportunity in Oakland. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 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 | 2,754 | 2,564 | 60% |
| Lot Size | 5,104 | 4,864.5 | 50% |
| Price | $875.0K | $712.5K | 70% |
| Price per sq ft | $318 | $319 | 50% |
| Built year | 1948 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 138 | 10% |
Mar 18, 2026
$875,000
Initial Listing
Jun 5, 2002
$370,000
Public Record