260 Park View Terrace, Oakland, California 94610, Oakland, 94610 - 0 bed, 0 bath
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Oakland, California 94610
This 1906 Quadruplex presents a Strong Value Opportunity, listed at $2,050,000—positioned well above the $1,874,724 Fair Market Value by 9%. While the property requires updates given its Condition Rating of 4, the vacant 4-bedroom unit offers immediate flexibility. Located in Adams Point near Lake Merritt, the asset features a deck and patio and proximity to top-rated schools like Crocker Highlands Elementary. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a prime urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 Park View Terrace Subject | $1,988,000* List Price | 0 | 0 | 3,322 | $563 | - |
A 550 Vernon St Active | $1,645,000 List Price | 0 | 0 | 3,430 | $480 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, this property is functional but dated. The kitchen features older oak cabinetry and appliances likely from a 20+ year old renovation, and the bathrooms show basic, aging fixtures. While the listing suggests it is move-in ready, it requires significant cosmetic updates and likely system overhauls to meet modern standards.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Situated just steps from the scenic shores of Lake Merritt, the property offers exceptional walkability to vibrant dining, shopping, and transit, ensuring high tenant demand.
The spacious 4-bedroom unit will be delivered vacant at close of escrow, providing a rare opportunity for an owner-occupier to move in or for an investor to immediately capture market-rate rents.
Given the 1906 construction date, the property may require significant ongoing maintenance or capital improvements to aging mechanical, electrical, and plumbing systems.
The assigned local middle school carries a low rating of 2/10, which may deter long-term family tenants despite the property's proximity to higher-rated neighboring districts.
Discover a rare opportunity to own a piece of Oakland's history at 260 Park View Terrace. Situated in the sought-after Adams Point neighborhood, this character-rich 1906 multifamily property offers four units plus one bonus unit across 3,322 SF. Whether you're an owner-occupier looking to live in one unit while generating rental income from the rest, or an investor looking to expand your portfolio, this asset offers exceptional versatility. The property's classic architecture and timeless appeal set it apart in a market where character is increasingly rare. Steps from the scenic shores of Lake Merritt and immersed in one of Oakland's most vibrant and walkable neighborhoods, the location speaks for itself. Residents enjoy easy access to dining, parks, transit, restaurants, shopping, and the energy of a truly thriving urban community. The spacious 4-bedroom unit will be delivered vacant at the Close of Escrow, offering immediate flexibility, move in, renovate, or lease at market rate from day one. Seller financing may be available with the right offer.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,322 | 2,547 |
| Lot Size | 6,250 | 4,475 |
| Price | $1.99M | $860.2K |
| Price per sq ft | $598 | $344 |
| Built year | 1906 | 1920 |
| HOA | $0 | $0 |
| Days on market | 79 | 56 |
Jun 24, 2026
$1,988,000
$2,050,000
-3% Price Drop
Initial Listing
Jun 10, 2026
$2,050,000
$2,100,000
-2% Price Drop
Initial Listing
May 4, 2026
$2,100,000
Initial Listing
Apr 7, 2022
$1,852,500
Public Record
Jul 22, 2019
$1,750,000
Public Record
Jun 13, 2016
$1,150,000
Public Record
Oct 29, 2004
$1,035,000
Public Record