$695,000
About this home
Incredible investment opportunity near Lake Merritt and Lakeside Park! This solid fourplex features four spacious 1BD/1BA units, each with its own living room. Fully tenant-occupied with long-term, dependable renters—ideal for investors seeking stable rental income in a high-demand area. The building sits on a cement slab foundation, minimizing maintenance concerns like dry rot. Tenants enjoy a generously sized backyard with mature fruit trees. Located just minutes from Grand Lake Theatre, Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART Station—offering convenient access to transit, dining, and entertainment. Whether you're looking to expand your portfolio or secure a foothold in one of Oakland’s most desirable locations, this is a rare chance to own a turn-key income property in the heart of the city. Please do not disturb tenants. Offer subject to inspection.
Facts & features
- Bathrooms
- 0
- Heating
- Wall Furnace
- Lot size
- 0.099 acres (4,331 sq ft)
- Year built
- 1951
- Parking
- Garage, On Street
- Parking spaces
- 4
- County
- Alameda
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 191
- Listed
- 2025-07-28
- Original price
- $785,000
- Terms
- Cash, Conventional, Exchange 1031, FHA, Owner May Carry, Va Loan
- Parcel #
- 2013542
- MLS #
- 41106333
