
Oakland, California 94609
This Victorian fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,350,000—positioned well above the $1,278,189 Fair Market Value by 5%. Despite the premium, the property offers significant stability through its Condition Rating of 3 and modern updates. With four residential units, each featuring a private garage and access to a paved backyard, the asset provides strong rental appeal. The vacancy of Unit 4904 allows for immediate income optimization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4902 Webster St Subject 0 bd · 0 ba · 2,952 sqft · $433 | $1,350,000* List Price | 0 | 0 | 2,952 | $433 | - |
A 712 56th St Sold 0 bd · 0 ba · 2,840 sqft · $424 · 0.6 mi | $1,205,000 | 0 | 0 | 2,840 | $424 | 0.6 mi |
B 566 57th St. Sold 0 bd · 0 ba · 2,612 sqft · $526 · 0.6 mi | $1,375,000 | 0 | 0 | 2,612 | $526 | 0.6 mi |
C 532 42nd St Sold 0 bd · 0 ba · 2,850 sqft · $445 · 0.4 mi | $1,267,500 | 0 | 0 | 2,850 | $445 | 0.4 mi |
D 707 Aileen St Sold 0 bd · 0 ba · 3,408 sqft · $370 · 0.6 mi | $1,260,000 | 0 | 0 | 3,408 | $370 | 0.6 mi |
E 5963 Maccall Street Sold 0 bd · 0 ba · 2,296 sqft · $462 · 0.8 mi | $1,060,000 | 0 | 0 | 2,296 | $462 | 0.8 mi |
F 367 41st St Sold 0 bd · 0 ba · 3,514 sqft · $341 · 0.5 mi | $1,200,000 | 0 | 0 | 3,514 | $341 | 0.5 mi |
G 359 41st St Sold 0 bd · 0 ba · 3,539 sqft · $339 · 0.5 mi | $1,200,000 | 0 | 0 | 3,539 | $339 | 0.5 mi |
H 4722 4726 Shattuck Ave Sold 0 bd · 0 ba · 0 sqft · 0.2 mi | $1,100,000 | 0 | 0 | 0 | 0.2 mi | |
I 557 43rd St Pending 0 bd · 0 ba · 3,127 sqft · $408 · 0.4 mi | $1,275,000 List Price | 0 | 0 | 3,127 | $408 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1924, the property has undergone significant modernization. Unit 4904 features a remodeled bathroom with contemporary stone-look tiling, updated GE kitchen appliances, and well-maintained hardwood flooring. The interior appears move-in ready and functional, consistent with a 5-15 year renovation age.
Situated in one of North Oakland’s most desirable neighborhoods, the property offers exceptional walkability to Telegraph Avenue’s dining and retail, plus convenient access to MacArthur BART and major freeways.
Each of the four units includes its own private garage, a highly coveted asset in historic urban neighborhoods that significantly enhances tenant retention and rental value.
Unit 4904 is delivered vacant and features modern updates, including a remodeled bathroom and GE appliances, allowing an investor to immediately capture market-rate rent.
The assigned elementary schools carry low ratings (2/10), which may deter some long-term tenants despite the property's proximity to higher-rated secondary schools.
With three units currently occupied, the property is subject to local rent control ordinances, which may limit the immediate ability to align the entire building's income with current market rates.
4900–4906 Webster Street | Oakland, CA 94609 Four-Unit Victorian Investment Property | Te-mescal Neighborhood Property Overview Located in North Oakland’s desirable Te-mescal neighborhood, 4900–4906 Webster Street presents an opportunity to acquire a charming Victorian-style fourplex combining historic architectural character, modern updates, and a prime location. Constructed in 1924, this property features approximately 2,952 square feet of living space on a 3,600-square-foot lot. The building consists of four individually addressed one-bedroom, one-bathroom residences (4900, 4902, 4904, and 4906 Webster Street). Each unit includes its own private garage, offering residents dedicated parking and additional storage. Three units are currently occupied, while Unit 4904 will be delivered vacant upon closing, presenting an immediate leasing opportunity. The property also features an enclosed, paved backyard complete with a covered gazebo, outdoor lounge seating, and dining space. Featured Residence: Unit 4904 Unit 4904 showcases a blend of original craftsmanship and modern amenities. Highlights include hardwood flooring, GE kitchen appliances, a remodeled bathroom, built-in cabinetry, and ceiling fans. Neighborhood & Location Situated near Telegraph Avenue, the property offers convenient access to Temescal’s popular dining, cafés, and boutique shops, as well as the nearby Piedmont Avenue and Rockridge commercial districts. Commuters benefit from close proximity to the MacArthur BART Station, local transit lines, and major freeways including Highway 24 and Interstate 580, providing easy access to downtown Oakland, Berkeley, Emeryville, and San Francisco. Property Highlights • Four Residential Units: Each features 1 bed, 1 bath, and a dedicated private garage. • Size & Lot: Approximately 2,952 sq. ft. of living space situated on a 3,600 sq. ft. lot. • Immediate Upside: Unit 4904 delivered vacant upon closing for immediate leasing. • Modernized Unit 4904: Includes hardwood floors, updated GE appliances, remodeled bath, and built-ins. • Shared Outdoor Space: Enclosed paved backyard with a covered gazebo, seating, and outdoor dining area. • Prime Temescal Location: Close to Telegraph Ave, MacArthur BART, Hwy 24, and I-580. Investment Summary 4900–4906 Webster Street represents a strong asset in a high-demand East Bay location. With historic charm, dedicated parking for every unit, private outdoor amenities, and immediate upside via unit turn, this
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,952 | 2,403.227 |
| Lot Size | 3,600 | 4,461.364 |
| Price | $1.35M | $900.8K |
| Price per sq ft | $457 | $343 |
| Built year | 1924 | 1919 |
| HOA | $0 | $0 |
| Days on market | 2 | 67 |
Oct 22, 2026
$1,350,000
Initial Listing