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865 29th St, Oakland, CA 94608

$1,045,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Giuseppe Zumbo | Giuseppe@zumborealestate.com
Lic#: 01753412
Broker: Courtesy of Compass
Phone: 510-331-5153

Agent Remarks

COMPLETELY VACANT FOURPLEX – A RARE INVESTMENT OPPORTUNITY! Here's your opportunity to take control from day one! This Fourplex is 100% Vacant, giving you the freedom and flexibility to establish market-rate rents immediately, select your own tenants, and maximize the property's income potential. Adding even more value, each unit is separately metered for water, gas, and electricity including a 5th common-area meter, allowing utility consumption to be measured and billed individually to tenants, helping reduce operating expenses and improve your bottom line. $273/SF. $261,000 per unit, (±) $120,804 estimated projected annual income, (±) 9.248% CAP Rate and (±) 8.65 GRM at $1,045,000, the numbers speak for themselves. The unit mix consists of three 1Bd/Ba units and one 2Bd/1Ba unit, with each unit is approximately (±) 955 SqFt of living space, complete with a formal dining room and separate living room. Building total 3,820 SqFt. Additional amenities include four individual garages, four private storage spaces, and a coin-operated laundry room, providing added convenience and potential supplemental income. Low-maintenance grounds, much of the property is surrounded by concrete, significantly reducing gardening expenses. You're not just buying four units. You're buying four opportunities to generate passive income, build wealth, and create a legacy.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# 41152901

Price: $1,045,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1928

0.08 acres

Lot size: 0.0803

Subdivision: WEST OAKLAND

County: Alameda

Construction: Stucco

Parking description: Garage

Heating description: Wall Furnace

Last Updated: 11/9/2026

Days On Market (DOM): 4

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Lat/Long: 37.819204, -122.275363.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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