
Oakland, California 94609
This Strong Value Opportunity is a Quadruplex Residential Income Asset listed at $1,200,000—positioned well below the $1,302,638 Fair Market Value by 7%. This valuation gap offers $102,638 in Instant Equity. Featuring a Condition Rating of 3, the property includes updated kitchens and dual-pane windows across all units. With a massive 10,853 sqft lot and a detached rear residence, it provides significant expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5719 Shattuck Ave Subject 0 bd · 0 ba · 4,266 sqft · $281 | $1,095,000* List Price | 0 | 0 | 4,266 | $281 | - |
A 5936 Martin Luther King Jr Way Sold 0 bd · 0 ba · 3,770 sqft · $285 · 0.3 mi | $1,075,000 | 0 | 0 | 3,770 | $285 | 0.3 mi |
B 4722 4726 Shattuck Ave Sold 0 bd · 0 ba · 0 sqft · 0.6 mi | $1,100,000 | 0 | 0 | 0 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1909, the property features recent upgrades including updated kitchens in all four units and dual-pane windows. The exterior appears well-maintained, and the units are functional and move-in ready, fitting the criteria for a property with significant recent renovations.
With a massive 10,853 sqft lot and a detached rear residence, the property offers tremendous expansion potential and significant future upside in rental income.
All four units feature updated kitchens and dual-pane windows, reducing immediate maintenance needs and enhancing the property's overall marketability to tenants.
The unique layout of a Spanish Colonial triplex plus a detached rear unit with a basement/studio provides flexible income streams and a park-like setting near Bushrod Park.
Built in 1909, the property may require ongoing maintenance or costly upgrades to century-old structural and mechanical systems not covered by recent cosmetic updates.
The immediate assigned elementary school has a very low rating (1/10), which may deter family-oriented tenants and impact long-term resale value.
Perfectly located near Bushrod Park, this charming four-unit residential income property includes a two-story Spanish Colonial front triplex and a rear detached residence above a full basement/art studio surrounded by lush gardens on huge expansive lot with park-like setting. Updated kitchens in all four units and dual pane windows. Remarkable value-add investment opportunity with significant future upside in rents and tremendous expansion potential.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,266 | 2,403.227 |
| Lot Size | 10,853 | 4,461.364 |
| Price | $1.09M | $900.8K |
| Price per sq ft | $257 | $343 |
| Built year | 1909 | 1919 |
| HOA | $0 | $0 |
| Days on market | 38 | 67 |
Oct 16, 2026
$1,095,000
$1,200,000
-9% Price Drop
Initial Listing
Sep 16, 2026
$1,200,000
Initial Listing