
Oakland, California 94619
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,024,760 Fair Market Value by 7%. This valuation gap offers $74,760 in Instant Equity. Featuring a Condition Rating of 3, the property includes private backyards and recent interior renovations. The vacant 4-bedroom unit provides immediate flexibility for Owner-Occupants to house-hack, while Buy-and-Hold Investors can leverage the versatile unit mix to maximize rental income in the Laurel District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2838 35th Ave Subject 0 bd · 0 ba · 4,554 sqft · $209 | $899,000* List Price | 0 | 0 | 4,554 | $209 | - |
A 2612 38th Ave Active 0 bd · 0 ba · 3,076 sqft · $244 · 0.3 mi | $750,000 List Price | 0 | 0 | 3,076 | $244 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1952, the property has undergone recent interior renovations within the past 5-15 years. The kitchen and bedrooms feature updated laminate flooring, fresh paint, and modernized cabinetry and countertops. The units appear well-maintained, functional, and move-in ready.
The property features an exceptional mix of large floor plans, including rare 3-bedroom and 4-bedroom units, which command higher rental premiums and attract stable, long-term tenants.
With a spacious 4-bedroom unit delivered vacant, the property offers a perfect opportunity for an owner-occupant to utilize residential financing while offsetting the mortgage with income from three additional units.
The layout of two separate duplexes on a large, gated lot provides residents with private backyards and a sense of seclusion typically not found in traditional high-density apartment buildings.
The large 4-bedroom unit is serviced by only a single bathroom, which may limit its appeal to modern families and could necessitate a future renovation to add a second bath to maximize value.
Constructed in 1952, the property may require capital expenditures for system upgrades or seismic improvements to meet current standards and ensure long-term operational efficiency.
2838 35th Avenue presents a compelling owner-user and investment opportunity in Oakland’s Bartlett / Laurel District. The property consists of two duplexes situated on one lot, offering four residential units and an attractive mix of larger floor plans rarely found in a four-unit asset. The unit mix includes one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one spacious 4-bedroom/1-bath unit, for a total of 11 bedrooms and 5 bathrooms across the property. The property features gated access and private backyards for several of the units. The vacant 4-bedroom, 1-bath owner’s unit provides a new buyer with the opportunity to immediately occupy one of the property’s largest units while benefiting from rental income generated by the remaining three units. Alternatively, an investor can lease the vacant unit and further enhance the property’s income potential. With two separate duplex structures, a highly functional unit mix, and immediate owner-user flexibility, 2383 35th Avenue offers an appealing combination of residential utility and multifamily investment potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,554 | 2,403.227 |
| Lot Size | 9,483 | 4,461.364 |
| Price | $899.0K | $900.8K |
| Price per sq ft | $197 | $343 |
| Built year | 1952 | 1919 |
| HOA | $0 | $0 |
| Days on market | 30 | 67 |
Oct 22, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Sep 24, 2026
$950,000
Initial Listing