
Oakland, California 94619
This Well-Maintained Quadruplex Asset is listed at $1,200,000, representing a stable investment opportunity in the Laurel District positioned near its $1,106,767 Fair Market Value. Boasting a Good Condition Rating, the property features Extensive Capital Improvements including a new roof, sewer compliance, and updated balcony decks. With an Exceptional Parking Ratio of eight total spaces and proximity to Laurel Elementary, the asset ensures strong tenant demand. This property offers a strategic value-add opportunity with significant rental upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
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 | $307 | - |
A 3859 High St Sold | $1,055,000 | 0 | 0 | 2,963 | $356 | 0.5 mi |
B 3639 Patterson Ave Sold | $950,000 | 0 | 0 | 4,010 | $237 | 0.3 mi |
C 2801 38th Ave Sold | $850,000 | 0 | 0 | 0 | 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 and structural clearances move the property into the 'Good' category as it is well-maintained and functional for an investment property.
The property boasts significant recent upgrades including a new roof and gutters (2024), sewer line compliance (2024), a new hot water heater (2023), and upcoming SB 721 balcony clearance (2025), significantly reducing immediate CAPEX for the buyer.
Rare for the area, the property includes four private garages plus four additional off-street parking spots, providing a high parking-to-unit ratio that increases tenant retention and rental value.
Situated in the desirable Laurel District with a stable rental history and 'lots of upside' for rent increases, this quadruplex offers a strong value-add opportunity in a high-demand Oakland submarket.
The assigned public schools, including Bret Harte Middle and Allendale Elementary, carry low ratings (2/10), which may deter families and impact the long-term tenant profile.
The requirement for 48-hour notice and listing agent accompaniment for all appointments may limit accessibility for prospective buyers and complicate the due diligence process.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,600 | 2,073 | 88% |
| Lot Size | 6,000 | 4,352 | 63% |
| Price | $1.20M | $898.0K | 88% |
| Price per sq ft | $333 | $345 | 50% |
| Built year | 1968 | 1938 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 132 | 13% |
May 1, 2026
$1,200,000
Initial Listing