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510-703-0356
Real Estate Company
4045 Manila Ave, Oakland, CA 94609
- $1,200,000
- 3,550
- SqFt
- Sold Price
- $1,200,000
- List Price
- $1,425,000
- Status
- CLOSED
- Closing Date
- May 22, 2026
- Year Built
- 1916
- MLS#
- 41124746
- Living Area
- 3,550
- Lot Size
- 4,000
- Type
- Multifamily
- Zip
- 94609
- city
- Oakland
- Neighborhood
- Temescal
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 4045 Manila Ave is one of those rare multi-family properties that works equally well as a primary residence and an investment. A vacant, fully renovated unit is move-in ready for an owner-occupant, while three tenanted units generate over $6,300 per month — effectively letting the building pay for itself while you live on-site. The vacant unit has been completely updated with high-end finishes and new appliances throughout, and is flooded with natural light that gives the space a warmth and livability that's genuinely hard to find in a multi-unit building. From the moment you arrive, the property makes an impression — beautifully landscaped with striking palm trees and manicured artificial grass, the curb appeal here is exceptional and sets it apart from anything else on the block. The fundamentals are equally strong for a pure investor. All four units are 1-bedroom / 1-bath layouts — an ideal mix for consistent tenant demand — with fully occupied income reaching $9,000 per month and meaningful upside as rents grow to market at turnover. Utilities are separately metered, keeping operating costs low and NOI healthy with minimal management complexity.
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Additional Information
- Lot Description
- Corner Lot
- Flooring
- Hardwood Flrs Throughout
- Heating
- Natural Gas
- Cooling
- No Air Conditioning
- Exterior
- Stucco
- Roof
- Flat
- Garageparking
- None
- Water Sewer
- Public
- Building Type
- Quadruplex
- Acres
- 0.09
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Listing courtesy of Jatin Mehta from Kite Hill Real Estate. 510-878-6800
Selling Office: Kite Hill Real Estate.
Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: