500 Fairbanks Ave, Oakland, CA 94610
500 Fairbanks Ave, Oakland, CA 94610
500 Fairbanks Ave, Oakland, CA 94610
500 Fairbanks Ave, Oakland, CA 94610
500 Fairbanks Ave, Oakland, CA 94610
500 Fairbanks Ave, Oakland, CA 94610
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$ 1,299,000
Est. payment | /mo

7,139 Sqft Lot


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$ 1,299,000
Est. payment | /mo
Save

7,139 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Lakeshore

MLS Listing ID 41144258

HOA Y/N No

Year Built 1924

Lot Size 7,139 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Alameda

Interior

Heating See Remarks

Flooring Laminate, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

View Y/N Yes

View City Lights

Roof Type Composition,Tile

Total Parking Spaces 6

Building

Lot Description Back Yard, Front Yard

Others

Tax ID 11856281

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David R. Valva Coldwell Banker Realty #00811437

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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500 Fairbanks Ave

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