3872 35th Ave, Oakland, California 94619, Oakland, 94619 - 0 bed, 0 bath
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Oakland, California 94619
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,200,000—positioned slightly above the $1,187,579 Fair Market Value. The property features a Good Condition Rating supported by significant 2024-2025 capital improvements, including a new roof, sewer line, and SB 721-compliant decks. With a rare 2:1 parking ratio and a versatile unit mix, this asset offers stable rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking a well-maintained, income-generating property in Oakland.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3872 35th Ave Subject | $1,200,000* List Price | 0 | 0 | 3,600 | $330 | - |
A 3859 High St Sold | $1,055,000 | 0 | 0 | 2,963 | $356 | 0.5 mi |
B 2801 38th Ave Sold | $850,000 | 0 | 0 | 0 | 0.8 mi | |
C 2828 Viola St Active Under Contract | $1,000,000 List Price | 0 | 0 | 3,168 | $316 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1968, the property has undergone significant recent capital improvements including a new roof and gutters (2024), sewer line compliance (2024), new balcony decks (2025), and a new water heater (2023). These major system updates, combined with the listing's report of units being in good condition, elevate it from its chronological age category to 'Good' as it is well-maintained and functional.
The property features significant recent upgrades including a new roof and gutters (2024), sewer line compliance (2024), and new balcony decks with SB 721 clearance (2025), significantly reducing immediate CapEx requirements.
With four dedicated garages and four additional off-street parking spots, the property offers a rare 2:1 parking-to-unit ratio, providing a competitive edge in the Oakland rental market.
The building offers a versatile mix of 3BR/2BA, 2BR/1BA, and 1BR/1BA units, catering to various tenant profiles while providing the new owner with substantial potential for rent growth.
The majority of the assigned public schools, including the middle and several elementary schools, have low ratings (2-3 out of 10), which may deter long-term family tenants.
The requirement for 48+ hours notice and listing agent accompaniment for all appointments may create friction in the due diligence process and limit accessibility for some prospective buyers.
Great Investment Area and Easy to Manage Apartments. Stable Rental History with Lots of Upside for New Owner. Sunny Open Floorplan Three (3) Bedrooms and Two (2) Bathrooms with Large Patio, Two (2) Bedrooms One (1) Bathroom with Patio and Spacious One (1) Bedroom One (1) Bathroom. All Units in Good Condition. On-Site Laundry Room Owned New Roof, Gutter, and Downspouts July 2024 New Sewer Line Compliance 2024 New Balcony Decks Patio SB 721 clearance 2025 Four (4) Garages, and Four (4) Off Street Parking Spots New Hot Water Heater 2023 Appointments with Listing Agent and 48+ Hours Notice Requested. Thank you.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,600 | 2,547 |
| Lot Size | 6,000 | 4,475 |
| Price | $1.20M | $860.2K |
| Price per sq ft | $333 | $344 |
| Built year | 1968 | 1920 |
| HOA | $0 | $0 |
| Days on market | 82 | 56 |
May 1, 2026
$1,200,000
Initial Listing