Rare 4-Unit Investment Opportunity in Coveted Grand Lake/Lakeshore Property Neighborhood A rare offering in one of Oakland’s most sought-after and predominantly single-family neighborhoods — this well-maintained fourplex sits directly on the Grand Lake/Piedmont border, blending vintage character with income-generating flexibility. Spanning 3,112 square feet on a 7,100 square foot lot, the property features two spacious 2-bedroom units and two 1-bedroom units, offering an ideal mix for owner-occupants seeking rental income or investors building a portfolio in an exclusive, low-inventory pocket of the city. The lower 1 bedroom unit is exceptionally large with a living room, dining room and separate eating area Recent capital improvements include a brand-new roof and fresh exterior paint, protecting your investment for years to come, while original vintage details throughout — from period moldings to classic architectural touches — preserve the timeless charm this neighborhood is known for. Off-street parking adds valuable convenience in this walkable, high-demand corridor. Ideally located just moments from the shops, cafes, and restaurants of Grand Lake, Lakeshore & Piedmont Avenue and the scenic beauty of Lake Merritt, residents enjoy effortless access to some of Oakland’s best dining, boutique shopping, and green space. Nearby transportation options make commuting a breeze, adding further appeal for tenants and owner-occupants alike. Opportunities to acquire multifamily property in this exclusive, single-family-dominant enclave are exceptionally rare. Don’t miss this chance to own a piece of one of Oakland’s premier neighborhoods.
Property Details
Price:
$1,299,000
MLS #:
41144258
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
LAKESHORE
Listed Date:
Aug 7, 2026
Lot Size:
7,141 sqft / 0.16 acres (approx)
Year Built:
1924
See this Listing
Schools
Interior
Appliances
GWH
Flooring
LAM, VINY, WOOD
Heating
SEE
Exterior
Construction Materials
STC
Parking Spots
6
Parking Total
6
Roof
CMP, TLE
View
CI
Financial
Map
Community
- Address500 Fairbanks Ave Oakland CA
- SubdivisionLAKESHORE
- CityOakland
- CountyAlameda
- Zip Code94610
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Aug 13, 2026
389
Single Family Listed
103
Avg DOM
500
Avg $ / SqFt
$937,320
Avg List Price
Property Summary
- Located in the LAKESHORE subdivision, 500 Fairbanks Ave Oakland CA is a Single Family for sale in Oakland, CA, 94610. It is listed for $1,299,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Oakland is $500. The average listing price for Single Family in Oakland is $937,320.
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500 Fairbanks Ave
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