650 650 Hillsborough St, Oakland, California 94606, Oakland, 94606 - bed, bath
650 650 Hillsborough St
Oakland, California 94606
Property Price
SUMMARY
Analysis of 650 650 Hillsborough St, Oakland, California 94606 is currently available with a list price of $1,180,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1955, this quadruplex is well-maintained and functional but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older appliances, and mid-century tiling that, while preserved, lack modern updates. The property meets the 'fair' criteria as an aged but maintained asset with major components that are functional but aesthetically outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Prime Lake Merritt Location
The property is ideally situated near Lake Merritt and Grand Avenue, offering tenants immediate access to recreational paths, vibrant restaurants, and entertainment, which ensures high rental demand.
- Optimized Utility and Parking Configuration
With separate meters for PG&E and water, plus a dedicated one-car garage for each of the four units, the property minimizes owner overhead and provides highly sought-after amenities for urban tenants.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Constructed in 1955, the building may require upcoming capital expenditures for system upgrades or structural maintenance typical of mid-century properties to remain competitive.
- Inconsistent School Ratings
While some nearby schools are highly rated, several assigned secondary schools in the immediate district have lower performance scores, which could be a deterrent for long-term family occupants.
About 650 650 Hillsborough St
Imagine your tenants beginning their day with a jog around Lake Merritt, followed by a stroll down Grand Ave, where lively restaurants, shops, and theaters abound. Alternatively, they might enjoy the breathtaking views of the lake directly from their living room. Don’t miss this exceptional apartment complex, which includes 2 two-bedroom units and 2-one bedroom units. Each is equipped with one car garage, shared laundry facilities, and separate meters for PG&E and water. The property is a superb investment opportunity, offering handsome rental potential and low maintenance—a valuable addition to any owner’s portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1955
- Lot Size
- 4,282 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.2 mi
Bella Vista Elementary School
Grades K-5 • 0.6 mi
Franklin Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,804 | - | 93% |
| Lot Size | 4,282 | 4,282 | 50% |
| Price | $1.18M | $950.0K | 80% |
| Price per sq ft | $310 | $0 | 87% |
| Built year | 1955 | 1923 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 219 | 7% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,180,000
Initial Listing
Sold
Feb 27, 2018
$985,000
Public Record
Sold
Aug 17, 1999
$295,000
Public Record