408 S 2nd Avenue, Oakdale, CA 95361, Oakdale, 95361 - 8 bed, 4 bath
Loading property details...
Oakdale, CA 95361
Analysis of 408 S 2nd Avenue, Oakdale, CA 95361 is currently available with a list price of $720,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Oakdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1977 (49 years old) with no mention of recent renovations. The exterior image shows significant wear and peeling paint on the wooden stairs. Given the age and 'longer term tenants,' the property likely requires substantial interior rehab and system updates to address nearly 50 years of use.
Situated near downtown Oakdale, this property offers tenants convenient access to local amenities, shopping, and dining, which supports high occupancy rates and rental demand.
With all units currently on month-to-month leases, a new owner has the flexibility to adjust rents to current market levels or renovate units upon turnover to maximize ROI.
The presence of long-term tenants and professional management suggests a well-maintained operational history, providing a level of security for incoming investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5001, other record lot size in square feet = 4791. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 2592. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
Built in 1977, the property may require near-term capital improvements or updates to major systems to maintain competitiveness and efficiency.
The 5,001 square foot lot is relatively small for a four-unit complex, potentially limiting tenant parking options and private outdoor recreational space.
Four plex, all 2 bedroom with one bath units, 2 upstairs and 2 downstairs near downtown Oakdale. Longer term tenants on month to month leases. Professionally managed. No sign on the property. Schedule any showing with listing broker.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,500 | - |
| Lot Size | 5,001 | - |
| Price | $720.0K | $700.0K |
| Price per sq ft | $288 | $500 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 158 |
Jun 25, 2026
$720,000
Initial Listing