2816 Foothill Blvd, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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Oakland, California 94601
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $649,000—positioned well above the $617,614 Fair Market Value by -5%. While the property requires exterior rehabilitation, the interior updates and stable tenancy provide immediate cash flow. With a Walk Score of 89 and proximity to the Fruitvale BART, this location ensures high rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while addressing the Condition Rating of 5.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2816 Foothill Blvd Subject | $649,000* List Price | 0 | 0 | 3,429 | $180 | - |
A 3020 E 19 Th Sold | $675,000 | 0 | 0 | 3,514 | $192 | 0.1 mi |
B 1803 Rosedale Ave Sold | $520,000 | 0 | 0 | 2,632 | $198 | 0.8 mi |
C 3314 Farnam St Active | $795,000 List Price | 0 | 0 | 4,060 | $196 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the listing description mentions 'recently updated with new flooring, recently painted interiors, and many other upgrades,' and the interior photos show clean hardwood floors and fresh paint, the overall condition is significantly impacted by the dated bathroom and, more critically, the poor exterior condition with extensive peeling paint/siding visible in the images. The property, built in 1925, requires substantial exterior repairs and rehabilitation, pushing it into the 'Poor' category despite some interior cosmetic updates.
This property is a four-unit residential income building (Quadruplex), offering a significant investment opportunity with multiple revenue streams.
All four units have undergone recent updates, including new flooring, fresh paint, and other interior upgrades, ensuring clean and updated living spaces for tenants.
Boasting a Walk Score of 89 and Bike Score of 77, the property is centrally located in Fruitvale, offering easy access to shops, restaurants, transportation, and is within walking distance to the Fruitvale BART station.
Constructed in 1925, the property's age suggests potential for older underlying infrastructure (e.g., plumbing, electrical, foundation) that may require significant capital expenditures not covered by recent cosmetic updates.
While interior work is highlighted, the description lacks specific details on updates to critical building systems such as the roof, HVAC, or electrical, which could be a substantial future expense for an older multi-unit property.
The focus on interior renovations leaves the condition and potential maintenance needs of the exterior structure and common areas unaddressed, which can be costly for a multi-unit property of this vintage.
HUGE PRICE IMPROVEMENT. Well Kept Jewel in the heart of Fruitvale area. All 4 units have been recently updated with new flooring, recently painted interiors, and many other upgrades. Perfect central location in Fruitvale for many activities, Close to all shops and Bart station nearby. Shopping, Bart, restaurants, transportation all close by. Walk score is 89 and Bike score 77. BIG UPSIDE on rents, Rents are below market rents. Nice, Green, lush backyard area for privacy and tranquility. Walk to Fruitvale Bart station. MUCH interior work recently done to all 4 units. Stable tenants. Very clean interiors and updated. Great Investment and /or live in unit as a possibility.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,429 | 2,547 |
| Lot Size | 3,653 | 4,475 |
| Price | $649.0K | $860.2K |
| Price per sq ft | $189 | $344 |
| Built year | 1925 | 1920 |
| HOA | $0 | $0 |
| Days on market | 289 | 56 |
Jun 7, 2026
$649,000
$749,000
-13% Price Drop
Initial Listing
Oct 6, 2025
$749,000
Initial Listing