Well-maintained, multi-family property located just below the Laurel District in the vibrant Allendale neighborhood of Oakland. This opportunity offers significant rental upside potential, making it ideal for both seasoned investors and newcomers to the real estate market. Constructed in 1968, this two-story, wood-framed building features a durable stucco exterior and is situated on a 5,000 square foot lot, offering a total of 3,958 rentable square feet. The property is 4 units, thoughtfully designed to accommodate various tenant needs, including onsite laundry and 4 garage parking spots, plus a 4 car driveway for tenant convenience. The property has seen several significant upgrades, ensuring low future repair and maintenance costs. Updates include a new roof (2015), updated windows, new paint and replacement of furnaces in 3 of the 4 units. In addition, 2 units have been fully renovated and the sewer lateral complete. Strategically located just a few blocks from I-580, commuting is a breeze for residents. The property is also well-served by major AC Transit bus lines along 35th Avenue.
Property Details
Price:
$938,888
MLS #:
41095393
Status:
Active
Baths:
0
Address:
2724 Octavia St
Type:
Residential Income
Subtype:
Quadruplex
City:
Oakland
Listed Date:
May 2, 2025
State:
CA
ZIP:
94619
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1968
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Schools
Interior
Exterior
Lot Features
Level with Street
Parking Features
Garage
Parking Spots
4.00
Sewer
Public Sewer
Financial
Association Fee
0.00
Map
Community
- Address2724 Octavia St Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94619
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2724 Octavia St
Oakland, CA
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