Description
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 2BR delivered vacant 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.
Details
| MLS # | 41135993 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1909 |
| Days On Site | 101 |
| Listing Provided By | Keller Williams Realty | Joey Wang |
Features
| Units | 4 |
|---|---|
| Zoning | D-DT-RX |
| Acreage | 0.05 |
Interior
| Heating | Electric, Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater, Dryer |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Siding |
| Lot Features | Back Yard, Street Level |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | DOWNTOWN |
| Listing VS Median (in DOWNTOWN) | |
Price: $849,500 low | high Med: $0 On site: 101 low | high Med: | |
Market Activity 94607
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | DOWNTOWN |
| Listing VS Median (in DOWNTOWN) | |
Price: $849,500 low | high Med: $0 On site: 101 low | high Med: | |
 | $980,000670 9th StOakland, CA 94607 |