17
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$1,299,000
Est. payment /mo
7,139 Sqft Lot
New
500 Fairbanks Ave Oakland, CA 94610
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Key Details
Property Type Single Family Home, 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
Listed by David R. Valva Coldwell Banker Realty #00811437
NEARBY SCHOOL & BUSINESS
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