84 Monte Vista Ave, Oakland, California 94611, Oakland, 94611 - 0 bed, 0 bath
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Oakland, California 94611
This Multi-Unit Value-Add Asset presents a Prime Investment Opportunity with a List Price of $1,050,000—positioned well below the $1,093,079 Fair Market Value by 3%. This valuation gap provides $43,079 in Instant Equity. While the property holds a Dated Condition Rating, it features a stable mix of four 2-bedroom units and a recently upgraded balcony with SB 721 compliance. Located steps from the Piedmont Avenue corridor with access to Top-Rated Schools, this is a strategic acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84 Monte Vista Ave Subject | $1,050,000* List Price | 0 | 0 | 3,220 | $339 | - |
A 3537 Kempton Active | $765,000 List Price | 0 | 0 | 2,992 | $256 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 (60 years old), the property is significantly dated. While the listing mentions one renovated unit and recent balcony safety compliance, the provided images show kitchens with cabinetry and appliances that appear over 30 years old. The building is functional and move-in ready for tenants but requires interior updates to meet modern standards.
Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Situated just steps from the vibrant Piedmont Avenue retail and dining corridor, the property is located in one of Oakland's most high-demand rental submarkets, ensuring low vacancy and strong appreciation potential.
The property features a recently upgraded balcony with SB 721 compliance already completed, saving the buyer significant immediate capital expenditure and addressing a critical California safety requirement.
With only three on-site parking spaces for four 2-bedroom units, the property lacks a 1:1 parking ratio, which may be a competitive disadvantage for multi-car households in a high-density area.
The assigned elementary and middle schools carry low GreatSchools ratings (2/10), which could deter families with school-aged children and impact long-term tenant demographics.
Rare 4-unit offering steps from Piedmont Avenue, one of Oakland’s most desirable retail and dining corridors. The property is 100% leased and consists of four 2-bedroom, 1-bath units (±805 SF each), totaling 3,220 SF. The property offers stable in-place tenancy, including one recently renovated unit. Features include three on-site parking spaces, a shared rear yard with a tranquil, park-like setting, and a recently upgraded balcony with SB 721 compliance completed. Opportunities like this rarely come available in such a highly sought-after location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.0 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 | 3,220 | 2,950 | 50% |
| Lot Size | 3,954 | 4,777 | 50% |
| Price | $1.05M | $1.04M | 75% |
| Price per sq ft | $326 | $296 | 50% |
| Built year | 1964 | 1937 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 150 | 25% |
May 4, 2026
$1,050,000
Initial Listing