408 S 2nd Ave, Oakdale, CA 95361, Oakdale, 95361 - 8 bed, 4 bath
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408 S 2nd Ave
Oakdale, CA 95361
ACTIVE
CONDITION: POOR
8Beds
4Baths
2,500Sq Ft
5,001Lot Size
Property Price
LIST PRICE$699,500
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated near downtown Oakdale, this property offers tenants convenient access to local amenities, shopping, and dining, which supports high occupancy rates and rental demand.
- Immediate Value-Add Potential
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.
- Stable Rental History
The presence of long-term tenants and professional management suggests a well-maintained operational history, providing a level of security for incoming investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Dated Construction
Built in 1977, the property may require near-term capital improvements or updates to major systems to maintain competitiveness and efficiency.
- Limited Site Density
The 5,001 square foot lot is relatively small for a four-unit complex, potentially limiting tenant parking options and private outdoor recreational space.
About 408 S 2nd Ave
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1977
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.0 |
| Baths | 4.0 | 2.5 |
| Square foot | 2,500 | 1,722.5 |
| Lot Size | 5,001 | 7,400.5 |
| Price | $699.5K | $550.5K |
| Price per sq ft | $280 | $335 |
| Built year | 1977 | 1946 |
| HOA | $0 | $0 |
| Days on market | 124 | 70 |
Pricing History
Listed for Sale
Aug 19, 2026
$699,500
$720,000
-3% Price Drop
Initial Listing
Price Change
Jun 25, 2026
$720,000
Initial Listing