2508 79th Ave, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Residential Income Quadruplex represents a strategic Value-Add Asset for investors targeting forced appreciation in Oakland. Listed at $789,900, the property is positioned relative to its $696,345 Fair Market Value, with the pricing reflecting the significant rental upside potential within its functional unit layouts. While the Condition Rating of 4 indicates that the 1926 core systems require modernization, the on-site parking and proximity to Parker Elementary ensure steady tenant demand. This acquisition is a calculated play for Buy-and-Hold Investors or Value-Add Specialists looking to stabilize a multi-unit property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2508 79th Ave Subject | $789,900* List Price | 0 | 0 | 2,060 | $338 | - |
A 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.
Property is moderate renovation needed.
Built in 1926, the property has undergone a recent cosmetic refresh including new laminate flooring, paint, and updated kitchen cabinetry with stone counters and stainless appliances. However, the listing explicitly targets investors for renovation and 'upside potential,' and visible systems like wall heaters and the unfinished utility area indicate that core infrastructure likely requires modernization beyond the surface-level updates.
This fourplex offers significant upside for investors to renovate and increase rental income to market rates in a high-demand area.
The property features on-site parking and easy access to major commuter routes, making it highly attractive to the local workforce.
Each unit is designed with a functional layout and ample natural light, which helps maintain high occupancy and tenant satisfaction.
The surrounding public schools have low ratings (1-3), which may deter families and limit the potential tenant pool.
Built in 1926, the property likely requires substantial capital expenditure for modernization and repairs to realize its full income potential.
Excellent opportunity to own a fourplex in Oakland with significant upside potential. Each unit offers functional layouts and ample natural light. Perfect for investors looking to renovate and increase rents. Situated on a generous lot with on-site parking and easy access to commuter routes, making it attractive to tenants.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-8 • 0.4 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 | 2,060 | 2,356.5 | 50% |
| Lot Size | 3,650 | 3,625 | 50% |
| Price | $789.9K | $720.0K | 50% |
| Price per sq ft | $383 | $311 | 50% |
| Built year | 1926 | 1934 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 91 | 25% |
Apr 22, 2026
$789,900
Initial Listing