2508 Damuth St, Oakland, California 94602, Oakland, 94602 - 0 bed, 0 bath
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Oakland, California 94602
This Residential Income Quadruplex is a High-Potential Investment Opportunity, listed at $1,175,000—positioned well above the $982,403 Fair Market Value by -19%. Featuring a 3BR/2BA owner's unit and three 2BR/1BA units, the property maintains a Condition Rating of 3, offering updated kitchens and bathrooms. With a deck and partial hill views, this asset provides stable rental demand in the Dimond District. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in a prime Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2508 Damuth St Subject | $1,175,000* List Price | 0 | 0 | 3,840 | $256 | - |
A 3121 3121 Coolidge Ave Sold | $850,000 | 0 | 0 | 3,344 | $254 | 0.6 mi |
B 3601 Lincoln Ave Active | $995,000 List Price | 0 | 0 | 3,370 | $295 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the property is described as well-maintained with recently updated kitchens and bathrooms. The exterior appears in solid condition with functional systems, fitting the criteria for a move-in ready investment with a 5-15 year renovation profile.
The property features a desirable 3BR/2BA owner's unit alongside three 2BR/1BA units, offering excellent flexibility for an owner-occupant or high-yield rental potential.
Well-maintained with recently updated kitchens and bathrooms, this building minimizes immediate capital expenditure and allows for a seamless transition for new ownership.
Situated on a quiet tree-lined street within walking distance to Safeway, Farmer Joes, and local dining, with convenient access to the 13 and 580 freeways for commuters.
While the elementary school is well-regarded, the assigned middle and high schools have low ratings, which may deter long-term family tenants with older children.
Built in 1968, the property may require ongoing monitoring and maintenance of aging systems and infrastructure common to mid-century multi-family structures.
Prime Location for this 4-plex Residential Income Property in the popular Dimond District on a quiet tree-lined street! There is one 3BR/2BA owner's unit and three 2BR/1BA units. Well-maintained with recently updated kitchens and bathrooms. Ideally situated in the Dimond District near vibrant Fruitvale/MacArthur shops and restaurants, Dimond Park/pool, public library, Safeway, Farmer Joes, Peets, La Farine, Grand Lake Kitchen, Mohka House, convenient commute via 13/580 freeways, just below top-rated Sequoia Elementary School and beautiful new Head Royce School campus further up Lincoln Ave. Opportunity Knocks and Pride of Ownership awaits on this long-time family-owned investment property.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 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 | 3,840 | 3,138 | 67% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $1.18M | $937.5K | 83% |
| Price per sq ft | $306 | $262 | 67% |
| Built year | 1968 | 1935 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 132 | 17% |
Jun 2, 2026
$1,175,000
Initial Listing