
Oakland, California 94605
This Strong Value Opportunity is a fully leased Quadruplex listed at $980,000, positioned slightly above the $924,154 Fair Market Value. While the property carries a premium, it offers immediate stability as a Buy-and-Hold Investor asset with a Condition Rating of 3. Featuring a diverse unit mix and recent interior updates, this turnkey investment minimizes vacancy risk. It is an ideal acquisition for passive investors seeking reliable rental income in a convenient Oakland location near major transit and shopping corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3414 64th Avenue Pl Subject | $980,000* List Price | 0 | 0 | 3,406 | $271 | - |
A 3328 66th Ave Sold | $825,000 | 0 | 0 | 3,452 | $239 | 0.1 mi |
B 7523 Outlook Ave Pending | $989,000 List Price | 0 | 0 | 3,376 | $293 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property is described as recently updated and appears well-maintained. Interior photos show refinished hardwood floors, fresh paint, and functional kitchens with some updated countertops. While systems like wall heaters and some cabinetry are dated, the units are move-in ready and fully leased.
The property is fully leased, providing a turnkey investment with immediate rental income and no initial vacancy concerns for the new owner.
Recently updated interiors and systems reduce the need for immediate capital expenditures, making it an attractive option for passive investors.
The building features a versatile mix of 1, 2, and 3-bedroom units, including a rare 3-bedroom/2-bathroom layout, appealing to a wide range of tenant demographics.
As a multi-unit property in Oakland, it is subject to strict local rent control and tenant protection ordinances, which can limit future rent increases and operational flexibility.
With four units situated on a 5,250 square foot lot, there is likely limited private outdoor space and potentially constrained on-site parking for the number of residents.
Investment Opportunity. Recently Updated Fully Leased 4 Plex. consisting of: A:1/1, B:2/1, C:2/1, D:3/2 Convenient location near Eastmont Shopping, Laurel District shops and 580 Freeway access.
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 | 3,406 | 2,547 |
| Lot Size | 5,250 | 4,475 |
| Price | $980.0K | $860.2K |
| Price per sq ft | $288 | $344 |
| Built year | 1963 | 1920 |
| HOA | $0 | $0 |
| Days on market | 26 | 56 |
Jun 26, 2026
$980,000
Initial Listing