
Oakland, California 94609
This 1920-built quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned above the $932,980 Fair Market Value by -7%. Featuring a Condition Rating of 5, the property requires significant capital expenditure to modernize aging systems. However, with three units delivered vacant, it offers immediate flexibility for renovations or market-rate leasing. Located in the vibrant Temescal neighborhood, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in a high-demand, transit-oriented location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3999 Clarke St Subject 0 bd · 0 ba · 2,768 sqft · $337 | $1,000,000* List Price | 0 | 0 | 2,768 | $337 | - |
A 712 56th St Sold 0 bd · 0 ba · 2,840 sqft · $424 · 0.9 mi | $1,205,000 | 0 | 0 | 2,840 | $424 | 0.9 mi |
B 738 34th St Sold 0 bd · 0 ba · 3,258 sqft · $299 · 0.6 mi | $975,000 | 0 | 0 | 3,258 | $299 | 0.6 mi |
C 515 28th St Sold 0 bd · 0 ba · 3,131 sqft · $262 · 0.8 mi | $820,000 | 0 | 0 | 3,131 | $262 | 0.8 mi |
D 717 717 Brockhurst St Sold 0 bd · 0 ba · 2,218 sqft · $327 · 0.7 mi | $725,000 | 0 | 0 | 2,218 | $327 | 0.7 mi |
E 3867 Martin Luther King Jr Way Active 0 bd · 0 ba · 2,823 sqft · $363 · 0.3 mi | $1,025,000 List Price | 0 | 0 | 2,823 | $363 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this property shows significant age with no evidence of recent renovations. The kitchen is highly outdated (30-50+ years) with an exposed water heater, old cabinetry, and basic appliances, indicating a need for a full rehab of systems and interiors.
With three out of four units delivered vacant, this property offers a rare opportunity to immediately set market-rate rents or perform renovations without the complexities of tenant relocation in a rent-controlled market.
Situated in one of Oakland's most sought-after neighborhoods, the property boasts exceptional walkability to BART, award-winning dining, and local boutiques, ensuring high tenant demand.
As a residential quadruplex, the property qualifies for attractive residential financing options, making it ideal for both seasoned investors and owner-occupants looking to house-hack.
Built in 1920, the building likely requires significant capital expenditure for deferred maintenance and modernization of aging systems such as plumbing, electrical, and foundation.
Most assigned public elementary and middle schools carry low ratings (2/10), which may limit the property's appeal to long-term family tenants and impact future appreciation.
Affordable 4-Plex in Vibrant Temescal A rare opportunity to own a 4-unit property in one of Oakland’s most vibrant and sought-after neighborhoods. 1 bed 1 bath units. 3 vacant, 1 tenant. Located in the heart of Temescal, this affordable 4-plex puts you at the center of it all. Enjoy the convenience of BART just a few blocks away, making commuting throughout Oakland and the Bay Area remarkably easy. Step outside and discover an exciting mix of award-winning restaurants, neighborhood cafés, local shops, and everyday conveniences all close at hand. Whether you're grabbing dinner, meeting friends for coffee, shopping locally, or heading out for the evening, much of what you need is right in the neighborhood. For commuters, the property offers easy access to major freeways, providing convenient connections throughout Oakland, Berkeley, San Francisco, and beyond. With its desirable Temescal location, proximity to public transportation, dining and shopping, and the flexibility of a four-unit property, this is an opportunity worth exploring for buyers seeking a well-located Oakland investment. Live, invest, and enjoy the energy of Temescal — with the Bay Area at your doorstep.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,768 | 2,403.227 |
| Lot Size | 5,000 | 4,461.364 |
| Price | $1.00M | $900.8K |
| Price per sq ft | $361 | $343 |
| Built year | 1920 | 1919 |
| HOA | $0 | $0 |
| Days on market | 21 | 67 |
Oct 3, 2026
$1,000,000
Initial Listing