3601 Lincoln Ave, Oakland, California 94602, Oakland, 94602 - 0 bed, 0 bath
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Oakland, California 94602
This Desirable Triplex Asset is listed at $995,000, representing a stable acquisition aligned with its $922,850 Fair Market Value. Boasting a Good Condition Rating, the property features a vacant, renovated unit with a modern kitchen, quartz countertops, and luxury vinyl plank flooring. The rare unit mix includes a 3-bedroom residence with a private yard and three private garages. Situated near top-rated Sequoia Elementary, this property offers immediate rental income of $4,300/month. It is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors looking for a low-maintenance Oakland asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3601 Lincoln Ave Subject | $995,000* List Price | 0 | 0 | 3,370 | $274 | - |
A 1621 E 38th St Sold | $758,500 | 0 | 0 | 0 | 0.5 mi | |
B 3300 Brookdale Ave Sold | $1,025,000 | 0 | 0 | 0 | 0.7 mi | |
C 3121 3121 Coolidge Ave Pending | $849,000 List Price | 0 | 0 | 3,344 | $254 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1969, this triplex has been well-maintained and significantly updated. The vacant unit showcases a modern kitchen with stainless steel appliances, quartz countertops, and white shaker cabinets, along with updated bathrooms featuring contemporary vanities and tile surrounds. The interior boasts move-in ready finishes including luxury vinyl plank flooring, recessed lighting, and dual-pane windows. While the building age suggests some original infrastructure, the visible renovations and overall cleanliness place it firmly in the 'Good' category.
The property offers a vacant 2-bedroom unit, providing an immediate opportunity for an owner-occupant to 'house hack' or for an investor to capture current market-rate rents without relocation hurdles.
Featuring a rare 3-bedroom unit and two large 2-bedroom units, the property is bolstered by high-value amenities including three private garages, coin-operated laundry, and a private yard.
Situated on a prominent corner in the Lower Dimond neighborhood, the building enjoys superior natural light and is within walking distance to highly-rated elementary schools like Sequoia and Glenview.
Built in 1969, the property may require significant capital expenditures for deferred maintenance or system upgrades to plumbing and electrical to meet modern standards.
While elementary school options are strong, the local middle and high schools carry lower performance ratings, which may limit the long-term appeal for families with older children.
To access the marketing package copy/paste: https://bit.ly/kitehillre | 3601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland’s desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access. The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent. Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal. Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
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 | 3,370 | 1,865 | 67% |
| Lot Size | 4,530 | 4,465 | 50% |
| Price | $995.0K | $876.8K | 50% |
| Price per sq ft | $295 | $343 | 50% |
| Built year | 1969 | 1948 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 189 | 17% |
Mar 16, 2026
$995,000
Initial Listing