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Perched above I-580 in Oakland’s Diamond District, 3540 Lincoln Avenue offers urban convenience with outdoor access. Tenants enjoy a walkable lifestyle with Safeway, CVS, and the Oakland Public Library a block away, while Diamond Park—just half a mile out—provides hiking trails, picnic areas, a pool, and a rec center. This 3,360 SF fourplex is priced at just $650,000—under $200 per square foot—making it a rare find. With current rents at $64,000 per year and a market potential of $92,000 per year, the upside is undeniable. The expansive 8,580 SF lot offers additional potential for an ADU buildout, adding even more value. Whether you’re seeking immediate cash flow or long-term appreciation, this property presents a prime investment opportunity in a high-demand rental market.
Property Type(s):
Residential Income
| Last Updated | 3/11/2025 | Year Built | 1925 |
|---|---|---|---|
| County | Alameda |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Gas Water Heater, Washer |
| CONSTRUCTION | Concrete, Stucco, Wood Siding |
| HEAT | Floor Furnace, Natural Gas |
| HOA DUES | 0 |
| LOT | 8580 sq ft |
| LOT DESCRIPTION | Sloped Up, Yard |
| SEWER | Public Sewer |
Location
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Listed with Keller Williams Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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