500 Fairbanks Ave, Oakland, CA 94610
- $1,299,000
- 3,112
- SqFt
- List Price
- $1,299,000
- Status
- ACTIVE
- Year Built
- 1924
- MLS#
- 41144258
- Living Area
- 3,112
- Lot Size
- 7,141
- Type
- Multifamily
- Zip
- 94610
- city
- Oakland
- Neighborhood
- Lakeshore
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.
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Additional Information
- View
- City Lights
- Lot Description
- Premium Lot
- Flooring
- Hardwood, Laminate, Vinyl, Other
- Heating
- Other
- Cooling
- No Air Conditioning
- Laundry
- Common Area, Washer/Dryer Hookups
- Exterior
- Stucco
- Roof
- Rolled/Hot Mop, Tile, Other
- Garageparking
- Off Street, Street Parking
- Water Sewer
- Public
- Building Type
- Quadruplex
- Acres
- 0.16
- School District
- Oakland (510) 879-8111
- Elementary School
- Oakland (510) 879-8111
- High School
- Oakland (510) 879-8111
Mortgage Calculator
Listing courtesy of David R. Valva from Coldwell Banker Realty. 510-851-0282
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