2550 Pleasant St, Oakland, California 94602, Oakland, 94602 - 0 bed, 0 bath
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Oakland, California 94602
This Income-Producing Triplex Asset is listed at $749,000, offering a stable multi-family entry in the high-demand Dimond District. With a Fair Market Value of $683,482, the valuation accounts for its consistent rental history and Fair Condition Rating. The property features hardwood floors, a private patio, and proximity to Sequoia Elementary, ensuring strong tenant appeal. While the 1910 infrastructure presents Value-Add Potential, the current occupancy provides immediate cash flow. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2550 Pleasant St Subject | $749,000* List Price | 0 | 0 | 2,551 | $226 | - |
A 1374 E 32nd Street Sold | $720,000 | 0 | 0 | 2,932 | $246 | 0.8 mi |
B 3019 Florida St Active | $599,000 List Price | 0 | 0 | 2,544 | $235 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this triplex retains charming original features like hardwood floors and is currently income-producing, suggesting it is maintained. However, the lack of recent comprehensive interior renovations to kitchens and bathrooms, combined with century-old infrastructure and aging systems, aligns with the fair condition criteria.
This triplex configuration offers a versatile investment opportunity with three separate units, ideal for generating consistent rental income in the high-demand Dimond District.
The property boasts excellent walkability to local amenities and convenient access to Highways 580 and 13, providing an ideal location for San Francisco and East Bay commuters.
Units feature classic hardwood floors and abundant natural light, complemented by a recently updated, low-maintenance backyard with a mature, fruit-bearing avocado tree.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2551, other record lot size in square feet = 4150.
Built in 1910, the property likely requires ongoing maintenance and potential capital improvements to modernize aging systems such as plumbing, electrical, and foundation.
The assigned high schools carry lower performance ratings, which may deter long-term family tenants and impact the property's competitive edge in the broader market.
Great opportunity to own an income-producing triplex in Oakland’s Dimond District. The property features three separate units: two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Each unit offers charming character with large windows that fill the spaces with natural light, along with hardwood floors throughout most of the lower units. The recently updated backyard provides a low-maintenance outdoor space perfect for relaxing or entertaining, highlighted by a mature avocado tree that produces an abundance of fruit. Located within walking distance to the vibrant Dimond District, you’ll enjoy easy access to popular restaurants, local shops, schools, churches, hiking trails, and nearby regional parks. With convenient access to Highways 580 and 13, plus close proximity to BART and public transportation, this location is ideal for commuters heading to San Francisco and beyond. ALL UNITS ARE TENANT OCCUPIED.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 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 | 2,551 | 2,741.5 | 50% |
| Lot Size | 2,551 | 4,700 | 17% |
| Price | $749.0K | $799.5K | 50% |
| Price per sq ft | $294 | $262 | 67% |
| Built year | 1910 | 1913 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 132 | 33% |
Mar 13, 2026
$749,000
Initial Listing
Feb 23, 2000
$275,000
Public Record