
Oakland, California 94609
This Quadruplex presents a Strong Value Opportunity with a List Price of $1,575,000—positioned well above the $1,442,288 Fair Market Value by -9%. Despite the premium, the property features a Good Condition Rating supported by extensive capital improvements, including seismic retrofitting and updated plumbing. With individual utilities and private garages, this asset is designed for operational efficiency. Located near MacArthur BART, it offers high tenant retention potential. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a stable, transit-oriented income stream.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 476 42nd Street Subject 0 bd · 0 ba · 3,780 sqft · $382 | $1,575,000* List Price | 0 | 0 | 3,780 | $382 | - |
A 367 41st St Sold 0 bd · 0 ba · 3,514 sqft · $341 · 0.3 mi | $1,200,000 | 0 | 0 | 3,514 | $341 | 0.3 mi |
B 359 41st St Sold 0 bd · 0 ba · 3,539 sqft · $339 · 0.3 mi | $1,200,000 | 0 | 0 | 3,539 | $339 | 0.3 mi |
C 4045 4045 Manila Ave Sold 0 bd · 0 ba · 3,550 sqft · $338 · 0.3 mi | $1,200,000 | 0 | 0 | 3,550 | $338 | 0.3 mi |
D 707 Aileen St Sold 0 bd · 0 ba · 3,408 sqft · $370 · 0.8 mi | $1,260,000 | 0 | 0 | 3,408 | $370 | 0.8 mi |
E 712 56th St Sold 0 bd · 0 ba · 2,840 sqft · $424 · 0.7 mi | $1,205,000 | 0 | 0 | 2,840 | $424 | 0.7 mi |
F 532 42nd St Sold 0 bd · 0 ba · 2,850 sqft · $445 · 0.1 mi | $1,267,500 | 0 | 0 | 2,850 | $445 | 0.1 mi |
G 446 37th St Pending 0 bd · 0 ba · 4,006 sqft · $312 · 0.4 mi | $1,250,000 List Price | 0 | 0 | 4,006 | $312 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1941 build date and dated vintage kitchen tiling, the property is rated Good due to extensive recent capital improvements including seismic retrofitting, a new roof, full sewer lateral replacement, and updated plumbing/water heaters. The units are well-maintained, functional, and move-in ready with fresh exterior paint and updated bathroom vanities.
Significant upgrades including seismic sill bolting, full sewer lateral replacement, and a majority roof replacement minimize immediate capital expenditure requirements for a new investor.
Situated less than half a mile from MacArthur BART and steps from Telegraph Avenue’s vibrant retail corridor, the property is ideally positioned to attract and retain high-quality tenants.
Each unit operates independently with its own furnace and water heater, complemented by rare private enclosed garages and in-unit laundry capabilities, enhancing tenant desirability and reducing owner overhead.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5662, other record lot size in square feet = 5865.
With 110 days on the market and a recent price reduction from the original list price, the property may be facing valuation resistance in the current interest rate environment.
The assigned elementary schools carry a rating of 2/10, which may be a deterrent for long-term tenants prioritizing local public education quality.
476 42nd Street offers four spacious one-bedroom, one-bathroom units of approximately 900 square feet each, all on a 5,865 square foot lot with a private enclosed garage for every unit at the rear of the building. The current owner has made extensive capital improvements throughout her tenure, including a seismic sill bolt, full sewer lateral replacement, all-new water lines and shut offs, new water heaters for every unit, a new furnace in Unit B, and a majority roof replacement. Multiple windows have been replaced, the rear staircase rebuilt, perimeter fencing upgraded, and new metal gates installed at both entries. Interior updates include bathroom vanities, miscellaneous plumbing and electrical work, and fresh exterior paint throughout. Each unit operates fully independently with its own water heater and furnace. Multiple units feature in-unit laundry washer and dryer in Units A and D, washer in Unit B, and a dryer hookup and vent in Unit C. With MacArthur BART less than half a mile away and Telegraph Avenue's restaurants and shops just steps from the front door, this is the kind of asset tenants stay in and investors hold onto.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,780 | 2,403.227 |
| Lot Size | 5,662 | 4,461.364 |
| Price | $1.57M | $900.8K |
| Price per sq ft | $417 | $343 |
| Built year | 1941 | 1919 |
| HOA | $0 | $0 |
| Days on market | 134 | 67 |
Sep 17, 2026
$1,575,000
$1,650,000
-5% Price Drop
Initial Listing
Jun 12, 2026
$1,650,000
Initial Listing
Mar 30, 2018
$1,467,000
Public Record
Oct 26, 2001
$700,000
Public Record