874 Isabella St, Oakland, California 94607, Oakland, 94607 - 0 bed, 0 bath
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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.
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 While functional, it requires significant investment to address its outdated condition and potential system issues.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.
Rare value-add opportunity with 50% vacancy in a Victorian fourplex situated on a large gated lot offering 10+ on-site parking spaces—a true rarity in Oakland. This character-rich property blends classic Victorian architecture with substantial upside through vacancy leasing and unit improvements. Two units are currently vacant, allowing for immediate repositioning, while two units are occupied by long-term, month-to-month tenants at below-market rents. The expansive lot, gated access, and abundant parking provide flexibility for future enhancements and strong tenant appeal. Well located near Downtown Oakland and major transportation corridors, this fourplex presents an excellent opportunity for investors or owner-users seeking character, scale, and long-term upside. Buyer to verify unit mix, square footage, parking count, and rent regulations.
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 | 2,861 | 1,938 | 80% |
| Lot Size | 6,960 | 3,474 | 90% |
| Price | $649.0K | $677.5K | 30% |
| Price per sq ft | $227 | $355 | 20% |
| Built year | 1885 | 1893 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 116 | 80% |
Jan 16, 2026
$649,000
Initial Listing