2508 79th Avenue, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
Loading property details...
2508 79th Avenue
Oakland, California 94605
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,060Sq Ft
3,650Lot Size
Property Price
LIST PRICE$689,000
EST. MARKET VALUE
$712,807
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a quadruplex listed at $689,000, positioned well below the $712,808 Fair Market Value by 3%. This valuation gap offers $23,808 in Instant Equity. With a Fair Condition Rating, the property features a deck and patio but requires system upgrades to maximize rental yields. While local school ratings are low, the central location provides strong tenant demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage house-hacking strategies.
Estimated Market Value
$712,807+$23,807 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2508 79th Avenue Subject | $689,000* List Price | 0 | 0 | 2,060 | $346 | - |
A 8806 Dowling St Sold | $550,000 | 0 | 0 | 1,571 | $350 | 0.6 mi |
B 2353 82nd Ave Active | $699,000 List Price | 0 | 0 | 2,435 | $287 | 0.2 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 1926, this quadruplex has received a recent cosmetic 'lipstick' renovation including new laminate flooring, fresh paint, and updated bathroom vanities/tile. However, the property remains dated with older wall heaters, original single-pane windows, and aging exterior wood structures, placing it in the fair category as it will likely require system upgrades and minor repairs soon.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a quadruplex, this property offers a rare opportunity for investors or owner-occupants to generate multiple rental income streams or utilize house-hacking strategies in a high-demand market.
- Competitive Price Point
Listed at $689,000, the property presents an attractive entry price for a four-unit residential income asset in Oakland, providing significant value-add potential for savvy investors.
- Strategic Central Location
The property is conveniently situated near major transportation corridors, shopping, and essential amenities, ensuring high tenant desirability and consistent occupancy rates.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1926, the property likely requires substantial capital expenditures for modernization and maintenance of older systems to meet current building standards.
- Low School Ratings
The assigned public schools have low performance ratings (ranging from 1 to 3), which may limit the property's appeal to families and impact long-term appreciation compared to other neighborhoods.
About 2508 79th Avenue
Great investment opportunity in Oakland! This 4-unit property at 2508 79th Ave offers excellent potential for investors or owner-occupants looking to build long-term value. Conveniently located near major transportation, shopping, schools, and everyday amenities. Dont miss this opportunity to own a multifamily property in the heart of Oakland!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1926
- Lot Size
- 3,650 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
East Oakland Pride Elementary School
Grades K-5 • 0.3 mi
3/10
Markham Elementary School
Grades K-5 • 0.4 mi
2/10
Parker Elementary School
Grades K-8 • 0.4 mi
3/10
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 | 2,060 | 2,530.25 |
| Lot Size | 3,650 | 4,390.625 |
| Price | $689.0K | $918.2K |
| Price per sq ft | $334 | $343 |
| Built year | 1926 | 1921 |
| HOA | $0 | $0 |
| Days on market | 5 | 66 |
Pricing History
Listed for Sale
Sep 4, 2026
$689,000
Initial Listing