2508 Damuth St, Oakland, California 94602, Oakland, 94602 - 0 bed, 0 bath
Loading property details...
2508 Damuth St
Oakland, California 94602
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,840Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,175,000
EST. MARKET VALUE
$1,051,345
11% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Property is a Strong Value Opportunity, listed at $1,175,000—positioned above the $1,051,345 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting recently updated kitchens and bathrooms. With a versatile unit mix, including a 3BR/2BA owner's unit and three 2BR/1BA units, it offers significant rental demand in the Dimond District. Featuring a Bay View and private deck, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey income-generating property.
Estimated Market Value
$1,051,345
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 Damuth St Subject | $1,175,000* List Price | 0 | 0 | 3,840 | $274 | - |
A 3601 Lincoln Ave Sold | $925,000 | 0 | 0 | 3,370 | $274 | 0.1 mi |
B 3121 3121 Coolidge Ave Sold | $850,000 | 0 | 0 | 3,344 | $254 | 0.6 mi |
C 2550 2550 Damuth St Active Under Contract | $1,198,888 List Price | 0 | 0 | 4,003 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1968, the property is described as well-maintained with recently updated kitchens and bathrooms, making it move-in ready and consistent with a 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Unit Mix
The property features a large 3BR/2BA owner's unit alongside three 2BR/1BA units, providing excellent flexibility for an owner-occupant or an investor seeking high rental demand.
- Prime Dimond District Location
Ideally situated on a quiet, tree-lined street near vibrant shops, restaurants, Dimond Park, and major freeway access, ensuring strong tenant appeal and long-term value.
- Turnkey Interior Updates
With recently updated kitchens and bathrooms, the property offers a well-maintained, modern aesthetic that reduces the need for immediate capital improvements.
CONSRISKS & DEFICIENCIES
- Low Secondary School Ratings
While the local elementary school is highly rated, the assigned middle and high schools have lower ratings, which may be a concern for families with older children.
- Limited Outdoor Space
The 5,000 sqft lot size is relatively compact for a four-unit residential income property, offering minimal private outdoor areas for tenants.
About 2508 Damuth St
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 and pool, public library, Safeway, Farmer Joes, Peets, La Farine, Grand Lake Kitchen, Dimond Slice Pizza. 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. Here’s your chance to make it your own!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1968
- Lot Size
- 5,000 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
Sequoia Elementary School
Grades K-5 • 0.1 mi
5/10
Fruitvale Elementary School
Grades K-5 • 0.4 mi
4/10
Glenview Elementary School
Grades K-5 • 0.5 mi
5/10
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 | 3,840 | 2,530.25 |
| Lot Size | 5,000 | 4,390.625 |
| Price | $1.18M | $918.2K |
| Price per sq ft | $306 | $343 |
| Built year | 1968 | 1921 |
| HOA | $0 | $0 |
| Days on market | 20 | 66 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,175,000
Initial Listing