856 21st St, Oakland, California 94607, Oakland, 94607 - 0 bed, 0 bath
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Oakland, California 94607
This West Oakland Quadruplex represents a strategic Value-Add Asset with a List Price of $1,150,000, aligning with its $1,150,000 Fair Market Value. Spanning a substantial 4,342 square feet—offering a larger footprint than typical area inventory—the property carries a Condition Rating of 4, signaling significant upside through the modernization of its 1885 infrastructure. Its proximity to West Oakland BART and Downtown ensures consistent tenant demand and long-term appreciation potential. This versatile property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through a high-capacity residential income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 856 21st St Subject | $1,150,000* List Price | 0 | 0 | 4,342 | $265 | - |
A 1127 Linden St Active | $899,000 List Price | 0 | 0 | 3,240 | $277 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1885, this 4-plex is functional but significantly outdated. While it features some newer laminate flooring, the kitchens and bathrooms utilize budget-grade materials, dated cabinetry, and older appliances. The property is marketed as a 'value-add' opportunity, indicating a need for modernization and potential repairs to aging systems typical of a century-old structure.
Ideally positioned near West Oakland BART, Downtown, and major freeways, the property ensures consistent tenant demand and excellent accessibility for Bay Area commuters.
With 4,342 square feet of space, this 4-plex offers substantial upside for investors to increase equity and rental income through strategic renovations and modernized unit updates.
The four-unit configuration provides flexibility for traditional investors seeking immediate cash flow or owner-occupants looking to leverage rental income to offset mortgage costs.
Built in 1885, the property may require significant capital expenditures to address aging systems, foundation issues, or deferred maintenance typical of century-old structures.
With 110 days on the market, the property may be facing pricing resistance or buyer concerns regarding its current condition relative to the $1.15M asking price.
Exceptional opportunity to own a well-located 4-unit multifamily property in the heart of Oakland. This income-producing 4-plex at 856 21st St offers strong rental potential with significant value-add upside for investors, developers, or owner-occupants seeking long-term wealth through real estate. Each unit provides solid functionality with room to enhance value through updates, improved rents, or strategic renovations. The property is ideally positioned near Downtown Oakland, Uptown, West Oakland BART, public transportation, schools, shopping, and major freeways, creating consistent tenant demand and excellent accessibility for commuters. Located in an area experiencing ongoing growth and redevelopment, this property offers both immediate cash flow potential and attractive future appreciation. A great opportunity for buyers looking to expand their investment portfolio or enter the Oakland multifamily market with a property that offers flexibility and upside.
No exterior & parking available.
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 | 4,342 | 2,042 | 78% |
| Lot Size | 3,969 | 3,500 | 56% |
| Price | $1.15M | $727.0K | 89% |
| Price per sq ft | $265 | $265 | 50% |
| Built year | 1885 | 1901 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 174 | 44% |
Dec 29, 2025
$1,150,000
Initial Listing
Dec 17, 2004
$629,000
Public Record
Jun 21, 2000
$175,000
Public Record
Apr 10, 1996
$70,500
Public Record