502 Lewis St, Oakland, California 94607, Oakland, 94607 - 0 bed, 0 bath
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Oakland, California 94607
This Versatile Residential Income Triplex is listed at $795,000, offering a turnkey "house-hack" opportunity in a high-demand commuter hub. Boasting a Good Condition Rating, the property features Modernized Granite Kitchens, stainless steel appliances, and a private Deck. While the $669,093 Fair Market Value reflects current automated estimates, the three separate utility meters and detached cottage provide significant rental upside in a competitive market. Located near BART and the Bay Bridge, this is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 502 Lewis St Subject | $795,000* List Price | 0 | 0 | 1,645 | $407 | - |
A 879 Wood St. Sold | $710,000 | 0 | 0 | 1,798 | $395 | 0.3 mi |
B 1444 14th Street Sold | $727,000 | 0 | 0 | 2,042 | $356 | 0.5 mi |
C 1432 12th St Active | $879,000 List Price | 0 | 0 | 1,918 | $458 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1901, the property has undergone significant renovations likely within the last 5-15 years. The kitchens feature modern granite countertops, stainless steel appliances, and updated cabinetry. The interior shows well-maintained laminate flooring and functional bathrooms, making it move-in ready for tenants.
The triplex configuration, featuring a duplex and a detached cottage with separate utility meters, offers exceptional versatility for house-hacking or generating three distinct rental income streams.
The property boasts contemporary finishes, including granite countertops, stainless steel gas ranges, and updated cabinetry, which helps attract high-quality tenants and reduces immediate renovation costs.
Ideally situated in West Oakland near BART, major freeways, and the Bay Bridge, the property provides excellent accessibility for professionals commuting to San Francisco or Downtown Oakland.
The assigned public schools carry low performance ratings (ranging from 2 to 4), which may deter family-oriented tenants and impact long-term appreciation potential.
With a total of 1,645 square feet split across three separate units, the individual living spaces are relatively small, which could limit the tenant pool to individuals or couples.
Rare opportunity to own 502 Lewis Street, a versatile property featuring a duplex and an unattached small cottage, offering exceptional income potential and lifestyle flexibility. 502, 508, and 516 Lewis St are perfectly situated on a corner lot, with each home having separate utility meters. Ideal for owners seeking to live in one unit while generating rental income from the other two units, or investors looking to capitalize on three streams of income in one of Oakland’s most sought after rental markets. All 3 homes offer contemporary finishes throughout, designed to attract quality tenants and enhance long term value. The modern stylish kitchens feature granite countertops, rich wood cabinetry, stainless steel gas ranges, and dishwashers and refrigerators, all complemented by tile and laminate wood flooring. The detached cottage offers an elevated sense of privacy, overlooking a beautiful yard, surrounded by mature floral landscaping for a serene retreat. Near BART, freeways, buses, Downtown and Bay Bridge. Must see today!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-3 • 0.8 mi
Grades 6-8 • 0.9 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 | 1,645 | 1,920 | 30% |
| Lot Size | 3,750 | 3,474 | 70% |
| Price | $795.0K | $718.5K | 70% |
| Price per sq ft | $483 | $375 | 80% |
| Built year | 1901 | 1898 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 115 | 10% |
May 5, 2026
$795,000
Initial Listing
Mar 29, 2019
$720,000
Public Record
Aug 9, 2002
$340,000
Public Record
Oct 1, 1998
$90,000
Public Record