Major Price Improvement – Turnkey 4-Plex in Prime Maxwell Park! Fully rebuilt , this beautifully upgraded fourplex in Oakland’s sought-after Maxwell Park offers strong income, modern updates, and minimal maintenance—perfect for investors or 1031 exchange buyers. Each unit has been thoughtfully renovated with laminate flooring, updated kitchens and baths, in-unit laundry, and dual-pane windows. The layout includes two 2-bedroom flats upstairs and two spacious 1-bedroom live/work-style units downstairs. Major systems have been upgraded, including electrical, plumbing, roof, and seismic retrofitting. Tenants enjoy a newly painted exterior, private entrances, and a shared backyard space. Total scheduled income is $81,420/year, with low expenses and NOI of approximately $58,448, offering a 4.68% cap rate. Located on a quiet, tree-lined street near Mills College, the Laurel District, and easy freeway access. Reliable rental history, high tenant demand, and long-term appreciation make this a smart buy. Showings upon accepted offer. Buyer to approve condition within 72 hours. See 3D floor plan under Associated Docs.
Property Details
Price:
$1,165,000
MLS #:
41098034
Status:
Active
Baths:
0
Address:
2622 Kingsland Ave
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
MAXWELL PARK
City:
Oakland
Listed Date:
May 18, 2025
State:
CA
ZIP:
94619
Lot Size:
3,246 sqft / 0.07 acres (approx)
Year Built:
1923
See this Listing
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Schools
Interior
Appliances
Gas Water Heater
Flooring
Laminate
Heating
Forced Air, Natural Gas
Exterior
Lot Features
Back Yard, Sprinklers In Rear
Parking Spots
4.00
Sewer
Public Sewer
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2622 Kingsland Ave Oakland CA
- SubdivisionMAXWELL PARK
- CityOakland
- CountyAlameda
- Zip Code94619
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2622 Kingsland Ave
Oakland, CA
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