$895,000
About this home
A 1909 Victorian fourplex in the heart of downtown Oakland, priced at $186/SF in one of the city's most central addresses. The building carries its original character — bay windows, built-in cabinetry, hardwood floors — and the new 2025 roof takes the largest near-term capital item off the table. Gross annual rents of $96,756 grow to $125,484 at market as the vacant 2BR leases at $2,700 and the long-tenured 3BR turns toward $3,200, lifting net operating income from $58,000 to $82,000. Four electric meters and three gas meters keep operations clean, with the owner paying only garbage. The studio and adjacent 2BR can be combined into a larger unit, and the property's downtown mixed-use zoning opens a long-horizon density play. Minutes from BART, I-980/I-580, and downtown's full retail and employment core — a fourplex built for an owner-occupier, first-time multifamily buyer, or value-add investor ready to step into Oakland's core.
Facts & features
- Bathrooms
- 0
- Appliances
- Gas Water Heater, Dryer
- Flooring
- Carpet, Vinyl
- Heating
- Electric, Floor Furnace
- Lot size
- 0.053 acres (2,298 sq ft)
- Year built
- 1909
- County
- Alameda
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 30
- Listed
- 2026-05-26
- Parcel #
- 22319
- MLS #
- 41135993
