856 21st St, Oakland, California 94607, Oakland, 94607 - bed, bath
856 21st St
Oakland, California 94607
Property Price
SUMMARY
Analysis of 856 21st St, Oakland, California 94607 is currently available with a list price of $1,150,000. 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 1885, this property is very old. While some units feature newer laminate flooring and fresh paint, the kitchens and bathrooms across all units are significantly outdated with old appliances, basic fixtures, and dated finishes (e.g., contact paper on cabinets, old tile/vinyl flooring). The property is functional and habitable, as indicated by its income-producing status, but requires substantial updates and renovations to meet current standards and maximize value. Major components are functional but show clear signs of being outdated, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Multifamily Income Property
This is an income-producing 4-unit multifamily property (quadruplex), offering immediate cash flow potential and diversification for investors.
- Significant Value-Add Potential
The property offers strong rental potential with explicit value-add upside through updates, improved rents, or strategic renovations, appealing to investors and developers.
- Prime & Accessible Location
Ideally positioned near Downtown Oakland, Uptown, West Oakland BART, public transportation, schools, shopping, and major freeways, ensuring excellent accessibility for tenants.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1885, the property is very old, which may indicate potential for significant deferred maintenance, outdated systems, and higher renovation costs.
- Requires Renovation/Updates
While functional, the units require updates and strategic renovations to enhance value and maximize rental income, implying additional capital expenditure post-purchase.
- Potential for High Renovation Costs
Given its age and the stated need for updates, a buyer should anticipate a substantial initial investment for renovations to bring the property to its full potential.
About 856 21st St
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1885
- Lot Size
- 3,969 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,342 | - | 88% |
| Lot Size | 3,969 | 3,374 | 63% |
| Price | $1.15M | $765.0K | 88% |
| Price per sq ft | $265 | $0 | 75% |
| Built year | 1885 | 1905 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 198 | 13% |
Pricing History
Listed for Sale
Dec 29, 2025
$1,150,000
Initial Listing
Sold
Dec 17, 2004
$629,000
Public Record
Sold
Jun 21, 2000
$175,000
Public Record
Sold
Apr 10, 1996
$70,500
Public Record