
Oakland, California 94609
Analysis of 4722 4726 Shattuck Ave, Oakland, California 94609 is currently available with a list price of $1,199,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations (likely <5 years) in two of the three units, featuring modern kitchens with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. Critical systems have been updated with Romex electrical and copper plumbing, making it a turn-key, mint-condition investment.
Located in the highly sought-after Temescal neighborhood with a 95 Walk/Bike Score, providing residents with immediate access to BART, trendy dining, and popular urban amenities.
The top two units have been extensively renovated with luxury finishes, in-unit laundry, and updated systems including Romex electrical and copper plumbing, minimizing immediate maintenance costs.
With two units delivered vacant and a competitive Gross Rent Multiplier of 11.89, the property offers flexible options for owner-occupancy, high-yield rental income, or future individual condo sales.
The 2,135 square foot lot is relatively compact for a triplex, which limits outdoor space and may restrict future expansion or additional parking development.
The property is zoned for elementary schools with low ratings (2/10), which could be a deterrent for families and potentially impact the long-term appreciation of the owner-occupant market.
Prime multi-unit investment opportunity in Temescal, one of Oakland’s hottest neighborhoods. Great opportunity for the strategic investor seeking strong cash flow with upside from future condo sales! The property spans 2,513 square feet and features three 2 Bedroom / 1-bathroom condos. The top two condos have been recently redesigned with modern finishes including SS appliances, luxury vinyl plank flooring, quartz countertops, fresh bathroom designs, in-unit laundry, romex electrical, copper plumbing plus so much more. Two will be delivered vacant - ideal for an owner-occupant looking to live in one unit while generating income from the others, or for a smart investor ready to lease all three for strong cash flow or sell individually when they choose. A spacious shared rear yard offers a sunny space with a patio perfect for entertaining or gardening for the upper two units. The ground floor unit boasts exclusive off-street parking and its own private patio! Turn-key and low maintenance with flexible living options, flexible exit options, a gross rent multiplier at 11.89 and immediate income potential makes this a standout asset in a very high-demand location. 95 Walk/Bike Score. Minutes to BART & steps to Oakland’s trendiest restaurants and popular amenities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 1.0 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 | - | 2,461 | 5% |
| Lot Size | 2,135 | 4,129.5 | 5% |
| Price | $1.20M | $997.5K | 65% |
| Price per sq ft | $0 | $339 | 5% |
| Built year | 1912 | 1917 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 121 | 10% |
Apr 16, 2026
$1,199,000
Initial Listing