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3328 66th Ave, Oakland, California 94605, Oakland, 94605 - bed, bath

3328 66th Ave, Oakland, California 94605 home-pic-0
ACTIVE$799,000
3328 66th Ave, Oakland, California 94605
0Bed
0Bath
Sqft
5,400Lot
Year Built
1962
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41118827
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(50th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).

Discover an excellent investment opportunity at 3328 66th Ave in Oakland—a well-maintained four-unit property offering both stability and upside potential. Located in a convenient and growing area, this multifamily asset is ideal for first-time buyers looking to offset expenses or investors seeking reliable rental income. The building features four generously sized units, each with its own full kitchen, comfortable living area, and private bath. One unit is currently vacant, providing immediate occupancy for an owner-user or the ability to secure a new market-rate tenant. The remaining units are occupied, offering instant income from day one. With solid rental potential, flexible living arrangements, and a location close to transportation, shopping, and everyday conveniences, this property is a standout opportunity. Don’t miss your chance to add a versatile, income-producing property to your portfolio.

Price History

Date
Event
Price
12/05/25
Listing
$799,000
05/30/18
Sold
$820,000
Condition Rating
Fair
Built in 1962, this property shows signs of regular maintenance but lacks significant modern updates. The kitchen features very dated tiled countertops, older appliances (including a built-in cooktop and oven, and an older blue refrigerator), and basic white cabinets, suggesting a renovation that is likely 20-30 years old. The bathroom has been updated with basic materials like faux-marble paneling and a simple vanity, making it functional but not contemporary. Flooring appears to be newer hardwood or laminate, and walls are freshly painted, but the heating system is an older wall-mounted unit. Overall, the property is aged but maintained, with major components being functional but outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Immediate Income & Occupancy: Three units are currently occupied, providing instant rental income, with one vacant unit offering immediate occupancy for an owner-user or the opportunity to secure a new market-rate tenant.
Versatile Investment Opportunity: Ideal for both first-time buyers looking to offset expenses and experienced investors seeking reliable rental income in a multi-family asset.
Strategic Location: Situated in a convenient and growing area of Oakland, with close proximity to transportation, shopping, and everyday conveniences, enhancing tenant appeal and property value.
Well-Maintained Property: Described as 'well-maintained,' suggesting a property that has been cared for, potentially reducing immediate repair or renovation costs for a new owner.
Generously Sized Units: Each of the four units features a full kitchen, comfortable living area, and private bath, appealing to a broad range of tenants.

Cons

Property Age: Built in 1962, the property is over 60 years old, which may indicate older infrastructure (plumbing, electrical, roofing) that could require significant capital expenditures in the near future.
Potential Depreciation/Market Shift: The current list price ($799,000) is lower than the previous sale price ($820,000 in May 2018), which could suggest a decline in market value or a need for a competitive pricing strategy.
Limited Specifics on Condition/Upgrades: While 'well-maintained' is stated, the description lacks detailed information on recent renovations, system updates, or the overall condition of individual units, which could hide potential deferred maintenance.

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