
Oakland, California 94602
This four-unit Residential Income property is a Strong Value Opportunity, listed at $1,125,000—positioned well below the $1,174,619 Fair Market Value by 4%. This valuation gap offers $49,619 in Instant Equity. Featuring a Condition Rating of 3, the building includes refreshed kitchens, dual-pane windows, and a charming patio. Its prime Laurel District location ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to combine primary living with income-producing residences.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3607 Maple Ave Subject 0 bd · 0 ba · 4,172 sqft · $282 | $1,125,000* List Price | 0 | 0 | 4,172 | $282 | - |
A 2550 2550 Damuth St Sold 0 bd · 0 ba · 4,003 sqft · $296 · 0.3 mi | $1,185,000 | 0 | 0 | 4,003 | $296 | 0.3 mi |
B 3601 Lincoln Ave Sold 0 bd · 0 ba · 3,370 sqft · $274 · 0.5 mi | $925,000 | 0 | 0 | 3,370 | $274 | 0.5 mi |
C 2508 Damuth St Active 0 bd · 0 ba · 3,840 sqft · $299 · 0.4 mi | $1,150,000 List Price | 0 | 0 | 3,840 | $299 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1927, the property has undergone significant renovations likely within the last 5-15 years. The kitchens feature modern white cabinetry and stainless steel appliances, and the units have updated laminate flooring and dual-pane windows, making it move-in ready and well-maintained.
The property features a rare combination of large units, including a 4BR/2BA and a 3BR/2BA, providing exceptional rental upside and flexibility for multi-generational living or owner-occupancy.
Each residence has been modernized with refreshed kitchens, newer appliances, updated flooring, and dual-pane windows, significantly reducing immediate capital expenditure requirements for a new owner.
Situated on a prominent corner lot, the property offers excellent walkability to the district's vibrant retail corridor, popular eateries, and public transportation hubs, ensuring high tenant demand.
The assigned middle and high schools carry low ratings (2/10), which may limit the property's appeal to long-term tenants prioritizing high-performing educational districts.
With over 4,000 sq. ft. of living space on a 4,323 sq. ft. lot, the property offers very limited private outdoor space and potentially constrained off-street parking for four large households.
3607–3609 Maple Avenue | Oakland, CA | Laurel District A RARE AND IMPRESSIVE FOUR-UNIT INVESTMENT OPPORTUNITY IN OAKLAND'S VIBRANT LAUREL DISTRICT! Prominently situated on the corner of Maple Avenue and MacArthur Boulevard, this substantial 4,000+ sq. ft. building offers an extraordinary combination of spacious living, thoughtful upgrades, and exceptional income potential! Four generously sized residences feature versatile floor plans: 3607 Unit 1 – downstairs front 3BR/2BA; 3609 – upstairs front 4BR/2BA; 3607 Unit 2 – rear 2BR/1BA; and 3607 Unit 3 – rear 1BR/1BA. Each residence reflects pride of ownership with refreshed kitchens offering abundant cabinetry, generous countertop space, newer appliances, updated flooring, and dual-pane windows. Bathrooms feature tasteful vanities and refreshed bathing fixtures. A charming patio and breezeway provide inviting outdoor gathering spaces, adding to the property's distinctive appeal. The highly desirable Laurel District places residents near an impressive assortment of neighborhood conveniences, including retail shopping, popular eateries, fitness facilities, banking, hardware stores, and public transportation. Whether you're an investor seeking substantial rental income or an owner-occupant looking to combine primary living with income-producing residences, this remarkable fourplex delivers flexibility, functionality, and long-term investment appeal. FOUR SPACIOUS RESIDENCES, OVER 4,000 SQ. FT., A PRIME CORNER LOCATION, AND UPGRADES THROUGHOUT—AN EXCEPTIONAL OAKLAND REAL ESTATE OPPORTUNITY!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,172 | 2,403.227 |
| Lot Size | 4,323 | 4,461.364 |
| Price | $1.12M | $900.8K |
| Price per sq ft | $270 | $343 |
| Built year | 1927 | 1919 |
| HOA | $0 | $0 |
| Days on market | 1 | 67 |
Oct 23, 2026
$1,125,000
Initial Listing
Oct 25, 2019
$1,750,000
Public Record
Sep 11, 2017
$1,350,000
Public Record
Dec 19, 2014
$1,110,000
Public Record
Apr 3, 2012
$355,000
Public Record