3086 Capp St, Oakland, California 94602, Oakland, 94602 - bed, bath
ACTIVE$1,150,000
3086 Capp St, Oakland, California 94602
0Bed
0Bath
Sqft
8,250Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Income Potential: The property boasts an impressive annual income potential of over $145,000, making it a highly attractive investment for generating substantial cash flow.
Top Cons:
Age of Property Structure: Despite recent remodels, the property was built in 1957, which may imply potential for underlying infrastructure issues or higher long-term maintenance costs compared to newer constructions.
Compared to the nearby listings
Price:$1.15M vs avg $1.07M (+$75,000)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1957 (68 years old).
Condition: Despite being built in 1957, this property has undergone a beautiful and extensive recent renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchens feature modern white shaker cabinets, contemporary dark countertops, and new stainless steel (or new white) appliances. Bathrooms are fully updated with modern vanities, fixtures, and what appears to be new tiling. New LVP flooring, fresh paint, and modern recessed lighting are present throughout the units, indicating a turnkey condition with virtually new components and updated systems, meeting current quality standards.
Year Built
1957
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41107571
Home ConditionExcellent
Features
Patio
View-
About this home
OVER $145K ANNUAL INCOME! ONE UNIT NOW VACANT AND AVAILABLE TO SHOW! With 8 bedrooms and 4 bathrooms, an exceptional opportunity for investors & house-hackers alike! This beautifully remodeled fourplex is located in the heart of Oakland, just a short walk to Fruitvale Avenue’s vibrant shops and restaurants, Farmer Joe’s, local parks, and with easy access to I-580 for convenient commuting. Sitting on a rare 8k+ SF lot with manicured yet low maintenance landscaping, this modern property offers desirable outdoor gathering areas and ample off-street parking. The smart unit mix includes two 3-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for strong rental income and tenant diversity. With stylish finishes, updated systems, and thoughtful design throughout, this is a true turnkey asset in a high-demand rental market. Whether you're expanding your portfolio or looking for your first multi-unit investment, this property checks every box.
Nearby schools
4/10
Fruitvale Elementary School
Public,•K-5•0.1mi
5/10
Sequoia Elementary School
Public,•K-5•0.5mi
5/10
Glenview Elementary School
Public,•K-5•0.8mi
2/10
Bret Harte Middle School
Public,•6-9•0.6mi
6/10
Edna Brewer Middle School
Public,•6-8•1.0mi
4/10
Oakland High School
Public,•9-12•1.4mi
2/10
Fremont High
Public,•9-12•1.4mi
4/10
Skyline High School
Public,•9-12•2.8mi
2/10
Oakland International High School
Public,•9-12•3.6mi
Condition Rating
Excellent
Despite being built in 1957, this property has undergone a beautiful and extensive recent renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchens feature modern white shaker cabinets, contemporary dark countertops, and new stainless steel (or new white) appliances. Bathrooms are fully updated with modern vanities, fixtures, and what appears to be new tiling. New LVP flooring, fresh paint, and modern recessed lighting are present throughout the units, indicating a turnkey condition with virtually new components and updated systems, meeting current quality standards.
Pros & Cons
Pros
High Income Potential: The property boasts an impressive annual income potential of over $145,000, making it a highly attractive investment for generating substantial cash flow.
Turnkey & Recently Remodeled: Described as 'beautifully remodeled' with 'stylish finishes, updated systems, and thoughtful design throughout,' this property is a true turnkey asset, minimizing immediate capital expenditure for the new owner.
Strategic Multi-Unit Investment: As a fourplex with a smart unit mix (two 3-bed/1-bath and two 1-bed/1-bath units) and one unit currently vacant, it offers immediate income potential, tenant diversity, and flexibility for investors or house-hackers.
Prime Location & Accessibility: Located in the 'heart of Oakland,' it offers excellent walkability to Fruitvale Avenue's vibrant shops, restaurants, Farmer Joe’s, and local parks, with easy access to I-580 for convenient commuting.
Generous Lot Size & Parking: Sitting on a rare 8,000+ SF lot, the property provides desirable outdoor gathering areas, low-maintenance landscaping, and ample off-street parking, a significant advantage for a multi-unit property.
Cons
Age of Property Structure: Despite recent remodels, the property was built in 1957, which may imply potential for underlying infrastructure issues or higher long-term maintenance costs compared to newer constructions.
Recent Price Reduction: The listing price has recently been reduced from $1.199M to $1.15M, which could indicate initial overpricing or a slower market response at the higher price point.
Mixed Local School Ratings: While some elementary schools are highly rated, several nearby middle and high schools have low ratings (e.g., Bret Harte Middle School rating 2, Fremont High rating 2), which might impact desirability for families with school-aged children.