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429 Euclid Ave, Oakland, California 94610, Oakland, 94610 - bed, bath

429 Euclid Ave, Oakland, California 94610 home-pic-0
ACTIVE$1,399,000
429 Euclid Ave, Oakland, California 94610
0Bed
0Bath
Sqft
6,250Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in the highly desirable Adams Point neighborhood, just steps from Lake Merritt and offering easy access to vibrant Grand and Lakeshore dining and boutiques, enhancing tenant appeal and property value.
Top Cons:
Unverified Supplemental Income: The additional monthly income generated by the converted garage is explicitly stated as uninvestigated and unguaranteed by the seller or agent, introducing uncertainty for investors relying on this revenue stream.

Compared to the nearby listings

Price:$1.40M vs avg $1.24M (+$164,000)67%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1963 (62 years old).
Condition: The property underwent an extensive renovation in 2020, which included updated kitchens and bathrooms, new roofing, fresh paint, improved drainage, and upgraded water heaters. This recent renovation (within 5 years) brings the key components to a virtually new condition, meeting current quality standards. While no interior images of the kitchens or bathrooms were provided for visual assessment, the detailed description of the 2020 updates strongly indicates an excellent condition.
Year Built
1963
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41099307
Home ConditionExcellent
Features
View-

About this home

This charming Adams Point four-plex presents a great investment opportunity in one of Oakland’s most desirable neighborhoods, just steps from Lake Merritt. Featuring two spacious 2-bedroom and two cozy 1-bedroom units, each apartment effortlessly blends vintage character and thoughtful modern updates. Beautiful hardwood floors complement period details, including decorative moldings, wainscoting, built-ins, exposed beams, and classic fireplaces. Practical enhancements from a 2020 renovation include updated kitchens and bathrooms, new roofing, fresh paint, improved drainage, and upgraded water heaters. A converted garage generates additional monthly income as a flexible workspace or storage area.* Tenants benefit from three convenient off-street parking spaces and shared on-site coin laundry. Situated on a generous 6,250-sqft lot (per public record), this property is ideal for investors or owner-occupants seeking easy access to vibrant Grand and Lakeshore dining and boutiques. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short-term, or increase in future long-term rental income.

Nearby schools

7/10
Cleveland Elementary School
Public,•K-5•0.6mi
8/10
Lincoln Elementary School
Public,•K-5•1.1mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.3mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.4mi
2/10
Westlake Middle School
Public,•6-8•0.6mi
6/10
Edna Brewer Middle School
Public,•6-8•1.3mi
9/10
Piedmont Middle School
Public,•6-8•1.4mi
4/10
Oakland High School
Public,•9-12•0.9mi
10/10
Piedmont High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.5mi
2/10
Oakland International High School
Public,•9-12•1.7mi
2/10
Fremont High
Public,•9-12•3.3mi
Condition Rating
Excellent
The property underwent an extensive renovation in 2020, which included updated kitchens and bathrooms, new roofing, fresh paint, improved drainage, and upgraded water heaters. This recent renovation (within 5 years) brings the key components to a virtually new condition, meeting current quality standards. While no interior images of the kitchens or bathrooms were provided for visual assessment, the detailed description of the 2020 updates strongly indicates an excellent condition.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable Adams Point neighborhood, just steps from Lake Merritt and offering easy access to vibrant Grand and Lakeshore dining and boutiques, enhancing tenant appeal and property value.
Strong Investment Potential: This four-plex offers a robust income opportunity with a desirable mix of two 2-bedroom and two 1-bedroom units, supplemented by additional income from a converted garage and shared coin laundry.
Extensive Recent Renovations: A comprehensive 2020 renovation included updated kitchens, bathrooms, new roofing, fresh paint, improved drainage, and upgraded water heaters, significantly reducing immediate capital expenditure for a new owner.
Charming Blend of Character & Modernity: The property successfully blends vintage character, such as hardwood floors, decorative moldings, and built-ins, with thoughtful modern updates, appealing to a broad range of tenants.
Valuable Off-Street Parking: The inclusion of three convenient off-street parking spaces is a significant advantage in an urban setting, providing a highly sought-after amenity for tenants.

Cons

Unverified Supplemental Income: The additional monthly income generated by the converted garage is explicitly stated as uninvestigated and unguaranteed by the seller or agent, introducing uncertainty for investors relying on this revenue stream.
Absence of Central Cooling: Built in 1963 and with no mention of a cooling system in the recent renovations, the property likely lacks central air conditioning, which could be a drawback for tenant comfort and marketability during warmer months.
Demands of Multi-Unit Management: As a four-plex, the property inherently requires active and ongoing management for tenant relations, maintenance, and potential turnover, which can be time-consuming and demanding for an owner.

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