2828 Viola St, Oakland, California 94619, Oakland, 94619 - 0 bed, 0 bath
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Oakland, California 94619
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,000,000—positioned well above the $817,595 Fair Market Value by -22%. While the property requires capital for cosmetic modernization, its Condition Rating of 4 and superior parking ratio provide a stable foundation for rental growth. Featuring a newer roof and select unit upgrades, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the gated configuration and strong rental demand in a convenient Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2828 Viola St Subject | $1,000,000* List Price | 0 | 0 | 3,168 | $258 | - |
A 2622 Kingsland Ave Sold | $946,000 | 0 | 0 | 3,300 | $287 | 0.9 mi |
B 3859 High St Sold | $1,055,000 | 0 | 0 | 2,963 | $356 | 0.9 mi |
C 3639 Patterson Ave Sold | $950,000 | 0 | 0 | 4,010 | $237 | 0.5 mi |
D 2612 38th Ave Active | $750,000 List Price | 0 | 0 | 3,076 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is over 60 years old but has been well-maintained with a newer roof and partial interior updates including granite countertops in select units. However, it remains dated with popcorn ceilings, older cabinetry, and overgrown landscaping, falling into the category of needing minor repairs and cosmetic modernization.
The property is well-maintained with a newer roof and select units featuring modern upgrades like granite countertops and hardwood flooring, reducing immediate capital expenditure for investors.
Rare for a quadruplex in this area, the property offers four covered carports plus additional on-site parking, providing a significant competitive advantage for attracting and retaining tenants.
The gated perimeter and evident pride of ownership offer enhanced security and curb appeal, supporting strong rental demand and long-term value preservation.
The assigned public schools carry low ratings (mostly 2/10), which may deter families and impact the long-term appreciation potential compared to higher-rated districts.
The mention of upgrades in 'select units' implies that some units may require future modernization to achieve maximum market rent across the entire building.
Well-maintained 4-unit property located in a convenient Oakland neighborhood offering strong rental and investment appeal. This gated property features a newer roof, covered carport parking, additional uncovered parking spaces, and pride of ownership throughout. Select units feature hardwood flooring, granite kitchen countertops, and premium appliances. Spacious parking configuration includes 4 covered carports plus additional on-site parking. Conveniently located near schools, shopping, dining, public transportation, and commuter routes, making this an attractive opportunity for both investors and owner-users alike.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.6 mi
Grades 6-9 • 0.9 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 | 3,168 | 2,073 | 75% |
| Lot Size | 5,000 | 4,352 | 63% |
| Price | $1.00M | $898.0K | 75% |
| Price per sq ft | $316 | $336 | 50% |
| Built year | 1964 | 1938 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 131 | 13% |
May 14, 2026
$1,000,000
Initial Listing
Jun 20, 2006
$720,000
Public Record