
Oakland, California 94602
This 1967-built quadruplex presents a Strong Value Opportunity, listed at $950,000—positioned well below the $1,012,535 Fair Market Value by 6%. This valuation gap offers $62,535 in Instant Equity. With a Fair Condition Rating and two units delivered vacant, the property is primed for immediate rental income or modernization. Located near the Dimond District, this Residential Income Asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a house-hack strategy in a high-demand Oakland neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3425 Wilson Ave Subject 0 bd · 0 ba · 3,956 sqft · $256 | $950,000* List Price | 0 | 0 | 3,956 | $256 | - |
A 2550 2550 Damuth St Sold 0 bd · 0 ba · 4,003 sqft · $296 · 0.2 mi | $1,185,000 | 0 | 0 | 4,003 | $296 | 0.2 mi |
B 3601 Lincoln Ave Sold 0 bd · 0 ba · 3,370 sqft · $274 · 0.2 mi | $925,000 | 0 | 0 | 3,370 | $274 | 0.2 mi |
C 2508 Damuth St Active 0 bd · 0 ba · 3,840 sqft · $306 · 0.2 mi | $1,175,000 List Price | 0 | 0 | 3,840 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, this 57-year-old property is dated but functional. The bathroom shows mid-range updates likely 15-25 years old, and the exterior exhibits signs of deferred maintenance such as peeling paint on the fascia and cracked concrete, fitting the criteria for a property needing minor repairs and modernization.
The spacious 3-bedroom, 2-bathroom 'owner's unit' will be delivered vacant at closing, making it an ideal opportunity for an owner-user to live in a large flat while generating rental income.
With two units delivered vacant by the close of escrow, the new owner can immediately secure market-rate tenants, maximizing initial cash flow and investment returns.
Situated adjacent to the vibrant Dimond District and within walking distance of highly-rated elementary schools, the property is positioned in a high-demand area for tenants.
Built in 1967, the property may require significant capital expenditures for system upgrades or modernizations to maintain its value and competitiveness in the market.
While local elementary schools are well-regarded, the assigned middle and high schools have lower ratings, which could deter long-term family tenants with older children.
Built in 1967, 3425 Wilson Stis a well-located 4plex adjacent to Oakland's vibrant Dimond District. The property features a spacious "owner's unit" - a 3-bedroom, 2-bathroom flat that will be vacated by Closing. Open Houses: Thursday, 10/15 - 11A - 1P; Monday, 10/19: 11A - 1P. All other showings are by appointment only. Two (2) Vacant Units (by COE), including a 3 BR / 2 BA owner's unit, available to view for Open Houses. Please contact the listing agents, Tom Limon at 510-333-2846 or Will Thomas at 510-703-9002, to schedule a tour.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,956 | 2,403.227 |
| Lot Size | 6,500 | 4,461.364 |
| Price | $950.0K | $900.8K |
| Price per sq ft | $240 | $343 |
| Built year | 1967 | 1919 |
| HOA | $0 | $0 |
| Days on market | 18 | 67 |
Oct 6, 2026
$950,000
Initial Listing