
Oakland, California 94607
This Victorian Fourplex represents a High-Potential Investment Opportunity with a List Price of $649,000, positioned accurately at its $649,000 Fair Market Value. While the property carries a Condition Rating of 5 requiring significant capital expenditure, it offers substantial ROI potential through the renovation of two vacant units and the repositioning of below-market occupied units. The 10+ on-site parking spaces and large gated lot provide a rare competitive advantage in West Oakland. This value-add asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Users seeking long-term scale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 874 Isabella St Subject | $749,000* List Price | 0 | 0 | 2,861 | $260 | - |
A 1127 Linden St Active | $899,000 List Price | 0 | 0 | 3,240 | $277 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1885, this property is explicitly described as a 'value-add opportunity' requiring 'significant capital expenditure for unit renovations and potential system upgrades.' The interior images confirm this, showcasing a very dated kitchen with old-style wood cabinets, basic laminate countertops, and worn tile flooring. Other visible elements like laminate flooring, popcorn ceilings, and simple, older light fixtures throughout the units indicate a need for substantial rehabilitation to meet current quality standards. While functional, it requires significant investment to address its outdated condition and potential system issues.
With 50% vacancy (two units) and two occupied units at below-market rents, this property offers substantial immediate and long-term upside through strategic leasing and unit improvements.
The property boasts 10+ on-site parking spaces, a rare and highly desirable amenity in Oakland that enhances tenant appeal and property value.
The character-rich Victorian fourplex, built in 1885, offers unique architectural charm that can attract tenants and owner-users seeking properties with distinct historical appeal.
Two units are currently occupied by long-term, month-to-month tenants at below-market rents, which may require careful management and potential investment to reposition and maximize income.
As a 'value-add opportunity' in an 1885 building, significant capital expenditure will likely be necessary for unit renovations and potential system upgrades to achieve market-rate rents and optimize property performance.
Located in Oakland, the property is subject to stringent rent control and tenant protection laws, which could impact rent increases, tenant relations, and overall investment strategy.
Exceptional value-add investment and development opportunity in Oakland — a rare 5-unit offering on a combined 10,435 sq ft lot with room for 10+ on-site parking spaces. Package includes a 2-bedroom single-family house VACANT at 870 Isabella St plus a 4-unit Victorian building at 874 Isabella St (built 1885), sold together as one assemblage. Two units vacant offering immediate lease-up upside; remaining units occupied by long-term tenants. Oversized combined lot presents strong potential for additional development, ADU addition, or expanded parking/storage income — buyer to independently verify zoning, permitted density, and development feasibility with the City of Oakland. Significant upside through vacancy lease-up and rent optimization, subject to local rent control ordinances. Parcels 870 and 874 are not separable per Alameda County/City of Oakland requirements. Buyer to independently verify unit mix, square footage, rent regulations, and permitted use. A rare opportunity to acquire scale, income, and upside in one Oakland assemblage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,861 | 2,547 |
| Lot Size | 6,960 | 4,475 |
| Price | $749.0K | $860.2K |
| Price per sq ft | $262 | $344 |
| Built year | 1885 | 1920 |
| HOA | $0 | $0 |
| Days on market | 187 | 56 |
Jul 2, 2026
$749,000
$649,000
+15% Price Increase
Initial Listing
Jan 16, 2026
$649,000
Initial Listing