827 827 34th Ave, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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Oakland, California 94601
This Fruitvale Quadruplex represents a strategic Value-Add Multi-Unit Asset listed at $729,500, positioned competitively near its $717,125 Fair Market Value. Featuring a versatile unit mix of one 3BR, two 2BR, and one 1BR layout plus bonus storage income, the property maintains a Fair Condition Rating with significant upside for market-rate rent optimization. Its prime location within walking distance to Fruitvale BART and easy access to Highway 880 ensures consistent tenant demand, while proximity to top-rated Lincoln Middle School adds long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 827 827 34th Ave Subject | $729,500* List Price | 0 | 0 | 2,522 | $284 | - |
A 1507 48th Ave Sold | $750,000 | 0 | 0 | 2,308 | $325 | 1.0 mi |
B 1656 33rd Ave Sold | $555,000 | 0 | 0 | 0 | 0.6 mi | |
C 1433 50th Ave Sold | $565,000 | 0 | 0 | 0 | 1.0 mi | |
D 3311 E 17th St Active | $599,000 List Price | 0 | 0 | 2,595 | $231 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1890, this property is significantly aged. While the exterior appears maintained in the provided image, the listing lacks any mention of recent renovations to the kitchens, bathrooms, or major mechanical systems. The emphasis on 'upside potential' in rental income strongly suggests that the units are currently in an outdated condition and would require modernization to achieve market rates. It fits the 'fair' criteria as an aged property maintained through regular upkeep but showing signs of being outdated.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Situated within walking distance to Fruitvale BART and offering easy access to Highway 880, the property is ideally positioned for commuters, ensuring high tenant demand.
The property features a versatile unit mix (3BR, 2BR, and 1BR) and includes additional income from rear storage, providing a balanced and resilient cash flow.
Originally constructed in 1890, the building may require substantial ongoing maintenance or capital expenditures to address aging infrastructure and systems.
Several assigned public schools in the immediate area carry low performance ratings, which could limit the appeal for families seeking long-term residency.
Fourplex near Fruitvale Station shopping and a short walk to Fruitvale BART. Stable tenants with good upside potential in rental income. One 3 bedroom, two 2 bedrooms and one 1 bedroom unit. Storage at the rear produces additional income. Convenient to public transportation, highway 880 and shopping (Fruitvale district or a short drive to Alameda).
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 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 | 2,522 | 2,509 | 50% |
| Lot Size | 4,500 | 4,562.5 | 50% |
| Price | $729.5K | $702.2K | 50% |
| Price per sq ft | $289 | $305 | 50% |
| Built year | 1890 | 1941 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 138 | 10% |
Feb 27, 2026
$729,500
Initial Listing
Feb 13, 2024
$505,000
Public Record
Jun 12, 2009
$285,000
Public Record
Dec 1, 2005
$630,000
Public Record
Feb 13, 2003
$375,000
Public Record