2508 79th Avenue, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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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
$706,879
SUMMARY
This 1926 quadruplex represents a High-Potential Investment Opportunity, listed at a List Price of $689,000—positioned well below the $713,467 Fair Market Value by 3%. This valuation gap provides $24,467 in Instant Equity. Featuring a Fair Condition Rating with recent cosmetic updates, the property includes a deck and patio for tenant appeal. While school ratings are low, the asset offers significant rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add house-hack in Oakland.
Estimated Market Value
$706,879
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 0 bd · 0 ba · 2,060 sqft · $343 | $689,000* List Price | 0 | 0 | 2,060 | $343 | - |
A 8806 Dowling St Sold 0 bd · 0 ba · 1,571 sqft · $350 · 0.6 mi | $550,000 | 0 | 0 | 1,571 | $350 | 0.6 mi |
B 2963 62nd Active 0 bd · 0 ba · 2,135 sqft · $316 · 1.0 mi | $674,000 List Price | 0 | 0 | 2,135 | $316 | 1.0 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 recent cosmetic refreshments including new grey laminate flooring, interior paint, and updated bathroom vanities and shower tiling (likely <5 years). However, the property remains 'Fair' due to the visible age of the core systems and structure; the exterior walkways show weathered wood, the bathroom window frames appear original and deteriorated, and the units utilize dated wall heaters rather than modern HVAC. It is functional for tenants but requires ongoing maintenance and eventual system overhauls.
PROSSTRENGTHS & OPPORTUNITIES
- Multifamily Investment Potential
As a 4-unit quadruplex, this property offers significant income-generating potential and flexibility for either a pure investment strategy or an owner-occupant house-hack.
- Attractive Price Point
With a list price under $700,000 for four units, the property presents a low cost-per-unit entry point into the competitive Oakland multifamily market.
- Strategic Location
The property is conveniently situated near major transportation hubs, shopping, and essential amenities, which helps maintain high tenant demand and low vacancy rates.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1926, the property likely requires substantial capital expenditures for maintenance, modernization, and potential upgrades to aging structural and mechanical systems.
- 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.
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 | 2,403.227 |
| Lot Size | 3,650 | 4,461.364 |
| Price | $689.0K | $900.8K |
| Price per sq ft | $334 | $343 |
| Built year | 1926 | 1919 |
| HOA | $0 | $0 |
| Days on market | 50 | 67 |
Pricing History
Listed for Sale
Sep 4, 2026
$689,000
Initial Listing