3434 California St, Oakland, California 94602, Oakland, 94602 - 0 bed, 0 bath
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Oakland, California 94602
This Value-Add Triplex Investment is listed at $850,000, reflecting the significant scale of its 3,623 square feet of interior space relative to the $725,924 Fair Market Value. With a Condition Rating of 5, the 1968-built structure requires comprehensive modernization, providing a clear opportunity for forced appreciation through capital improvements. The property features a vacant 3-bedroom unit with an attached garage, a laundry room, and a private patio in the high-demand Laurel district. This asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-capacity income property with substantial value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3434 California St Subject | $850,000* List Price | 0 | 0 | 3,623 | $200 | - |
A 3019 Florida St Active | $599,000 List Price | 0 | 0 | 2,544 | $235 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 (56 years old) with no mention of renovations, this property exceeds the 30-year threshold for major systems. The exterior shows significant age-related wear, and the lack of interior photos suggests the kitchens, baths, and systems (HVAC/Electric) likely require a full rehab to be brought to modern standards.
The vacant 3-bedroom, 2-bathroom unit offers an immediate opportunity for a buyer to live on-site while utilizing rental income from the other units to offset the mortgage.
The inclusion of an attached garage with direct unit access, a dedicated laundry room, and a side yard provides significant convenience and value for both owners and tenants.
With 3,623 square feet of interior space, the property offers generous unit sizes and large room proportions, such as the formal dining room, which is a rare find in multi-unit investments.
The current lack of interior photography and detailed unit information may indicate the property requires cosmetic updates or is not yet in turnkey condition.
Constructed in 1968, the building may require capital improvements to modernize major systems or improve energy efficiency to meet current market expectations.
This 3 unit property is ideal as an owner, non-owner occupied investment property. The three bedroom 2 bathroom unit will be delivered vacant, it has a large dinning room plus direct access to the unit from an attached garage on the Redwood road side of the property. The building also has a laundry room and a side yard. Stay tuned for photos and more info.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,623 | 3,138 | 67% |
| Lot Size | 5,398 | 5,199 | 50% |
| Price | $850.0K | $850.0K | 50% |
| Price per sq ft | $235 | $250 | 33% |
| Built year | 1968 | 1935 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 132 | 17% |
Apr 24, 2026
$850,000
Initial Listing