
Oakland, California 94605
This Income-Generating Quadruplex serves as a significant Value-Add Opportunity with a List Price of $699,000. Following a recent price reduction, the asset is positioned against a $505,775 Fair Market Value, offering a diverse unit mix including a three-bedroom layout and a private deck. With a Poor Condition Rating, the property requires extensive renovation to address deferred maintenance and realize its full income potential. Located in East Oakland, this multifamily building is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to build equity through a comprehensive rehabilitation project.
Property is extensive renovation needed.
Built in 1961, this property is explicitly marketed as a 'value add' opportunity requiring 'TLC' and 'extensive renovation.' The exterior images show boarded-up windows, general disarray, and a neglected appearance, strongly indicating significant deferred maintenance and the need for substantial repairs and rehabilitation. While no interior images are provided, the overall description suggests that major components, including kitchens and bathrooms, are likely outdated and in poor condition, necessitating a full overhaul to meet modern standards and ensure livability.
The property is a 4-unit residential income property, offering strong rental income potential with a diverse unit mix (one 3-bed, two 2-bed, one 1-bed).
Explicitly marketed as a 'value add' opportunity, ideal for investors or owner-users looking to renovate, boost rental income, and increase property value.
The list price has been reduced from $769,000 to $699,000, presenting a more attractive entry point for potential buyers.
The property explicitly states 'some work needed TLC' and 'fix it up,' indicating a significant renovation project and capital expenditure will be required.
Built in 1961, the property is older, which may imply outdated systems, deferred maintenance, and potential for higher renovation costs to meet modern standards.
The description 'Write offers subject to inspection' and the need for 'TLC' strongly suggest the property is being sold in its current condition, placing the burden of all repairs and upgrades on the buyer.
Price reduced what a great buy with value add - Great investment opportunity — 4-unit property with strong income potential! Property includes one 3-bed -1 bath, 2-2 bed - 1-bath units, one 1-bed - 1-bath unit. Some work needed TLC— value add - ideal for investors or owner-users looking to renovate, add value, and boost rental income. Write offers subject to inspection. Fix it up and hold for rental income, live in one unit and rent the others, or flip for profit once improvements are complete.
No exterior & parking available.
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 | 3,406 | 2,488 | 57% |
| Lot Size | 6,294 | 4,720 | 71% |
| Price | $699.0K | $699.0K | 50% |
| Price per sq ft | $205 | $271 | 29% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 204 | 43% |
Feb 1, 2026
$699,000
$769,000
-9% Price Drop
Initial Listing
Nov 14, 2025
$769,000
Initial Listing