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

6 Beds

3,112 SqFt


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

6 Beds

3,112 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,112 sqft

Price per Sqft $417

Subdivision Lakeshore

MLS Listing ID 41144258

Bedrooms 6

HOA Y/N No

Year Built 1924

Lot Size 7,141 Sqft

Acres 0.16

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

Rooms

Basement Storage Space, Unfinished

Interior

Heating Other

Cooling No Air Conditioning

Flooring Hardwood, Laminate, Vinyl, Other

Fireplace No

Appliance Gas Water Heater

Laundry Common Area, Washer/Dryer Hookups

Exterior

Exterior Feature Back Yard, Front Yard

View Y/N true

View City Lights

Total Parking Spaces 6

Building

Lot Description Premium Lot

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Oakland (510) 879-8111

Others

Tax ID 11856281

Bridge MLS
Listed by David R. Valva • Coldwell Banker Realty

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Roland & Lydia Osage
Roland & Lydia Osage

Agent | License ID: 02055089

+1(925) 206-9799

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500 Fairbanks Ave