3562 Seminary Avenue, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Millsmont quadruplex presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned above the $627,264 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 1951 construction offer a clear path for value-add renovations. The asset benefits from a strategic commuter location near I-580 and Oakland International Airport, ensuring consistent tenant demand. This property is a stable, long-term acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a multi-family asset in a high-traffic, accessible neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3562 Seminary Avenue Subject | $900,000* List Price | 0 | 0 | 2,652 | $268 | - |
A 3328 66th Ave Sold | $825,000 | 0 | 0 | 3,452 | $239 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is functional and currently occupied but significantly dated. The kitchen features older tile countertops and basic white appliances, while the bathroom retains original 1950s pink tiling and vintage fixtures. Although the flooring appears to have been updated to modern vinyl plank, the core systems, kitchen, and baths are well over 20 years old and require modernization to meet current market standards.
Priced at approximately $162,500 per unit, this quadruplex offers an exceptional entry point for investors seeking multi-family assets at a competitive price point in the Oakland market.
The property’s immediate proximity to Interstate 580 and public transportation provides residents with seamless access to major employment hubs and the Oakland International Airport.
Conveniently situated near schools, parks, and shopping centers, the location enhances tenant desirability and supports long-term occupancy stability.
Built in 1951, the property may require significant capital improvements or updates to major systems to meet modern efficiency standards and reduce maintenance costs.
Being situated on Seminary Avenue may result in higher noise levels and traffic congestion, which could impact the residential appeal for some prospective tenants.
Beautifully situated in Oakland’s Millsmont neighborhood, this fourplex offers a great investment opportunity with convenient access to Interstate 580 for easy commuting. Conveniently located near shopping, schools, parks, public transportation, and Oakland International Airport.
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 | 2,652 | 2,652.5 | 50% |
| Lot Size | 6,099 | 4,500 | 75% |
| Price | $900.0K | $737.5K | 75% |
| Price per sq ft | $339 | $289 | 50% |
| Built year | 1951 | 1947 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 97 | 25% |
Jun 8, 2026
$900,000
$650,000
+38% Price Increase
Initial Listing
May 27, 2026
$650,000
Initial Listing