
Oakland, California 94619
This Residential Income Quadruplex presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $960,204 Fair Market Value by -3%. Featuring a Condition Rating of 3, the property offers significant capital improvements, including updated systems and three remodeled units. With private garages and on-site laundry, this asset provides immediate rental demand and operational stability. While one unit remains un-updated, the property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a turnkey-ready income stream in the Allendale District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3743 Suter St Subject | $970,000* List Price | 0 | 0 | 2,404 | $375 | - |
A 3627 3627 Loma Vista Ave Sold | $950,000 | 0 | 0 | 1,904 | $499 | 0.3 mi |
B 3859 High St Sold | $1,055,000 | 0 | 0 | 2,963 | $356 | 0.7 mi |
C 2801 38th Ave Sold | $850,000 | 0 | 0 | 0 | 0.3 mi | |
D 2802 38th Ave Active | $799,888 List Price | 0 | 0 | 2,400 | $333 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1925, the property has undergone significant recent renovations. Three of the four units feature updated laminate flooring, fresh paint, and newer appliances. Key systems including plumbing, electrical, and foundation were updated prior to 2022, and the building features dual-pane windows, making it well-maintained and move-in ready.
The property features significant capital improvements including updated plumbing, electrical systems, foundation work, and dual-pane windows, alongside three recently remodeled units that reduce immediate maintenance needs.
Rare for this asset class, each of the four units includes its own private garage, complemented by on-site coin-operated laundry which provides a secondary revenue stream and enhances tenant retention.
Listed at $995,000, the property is priced significantly below its 2022 sale price of $1,225,000, offering a high-potential entry point in the desirable Allendale District with sewer lateral and sidewalk compliance already met.
With a building size of 2,404 sqft on a 2,575 sqft lot, there is minimal outdoor space or common area for tenants, which may limit the property's appeal to those seeking yard space.
While three units are remodeled, the fourth unit remains un-updated, necessitating future capital expenditure and management effort to bring the entire building up to a uniform market standard.
Rare opportunity to live/own a well-maintained four-plex in Oakland's Allendale District. Featuring four individual garages, on-site coin-operated laundry, and three remodeled units with updated flooring, fresh interior paint, and newer appliances, this property offers strong tenant appeal and income potential. Seller reports prior improvements including dual-pane windows, updated plumbing and electrical systems, and foundation work. Sewer lateral and sidewalk compliant. Conveniently located near shopping, dining, public transportation, and major commuter routes. An excellent opportunity for investors seeking a multi-unit asset with functional upgrades, rental appeal, and long-term investment potential. Open House Sunday 2 to 4:30
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,404 | 2,547 |
| Lot Size | 2,575 | 4,475 |
| Price | $970.0K | $860.2K |
| Price per sq ft | $403 | $344 |
| Built year | 1925 | 1920 |
| HOA | $0 | $0 |
| Days on market | 47 | 56 |
Jul 15, 2026
$970,000
$995,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$995,000
Initial Listing
Feb 16, 2022
$1,225,000
Public Record
Sep 14, 2012
$430,000
Public Record
Oct 20, 2005
$750,000
Public Record