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Major Price Improvement – Turnkey 4-Plex in Prime Maxwell Park! Fully rebuilt , this beautifully upgraded fourplex in Oakland’s sought-after Maxwell Park offers strong income, modern updates, and minimal maintenance—perfect for investors or 1031 exchange buyers. Each unit has been thoughtfully renovated with laminate flooring, updated kitchens and baths, in-unit laundry, and dual-pane windows. The layout includes two 2-bedroom flats upstairs and two spacious 1-bedroom live/work-style units downstairs. Major systems have been upgraded, including electrical, plumbing, roof, and seismic retrofitting. Tenants enjoy a newly painted exterior, private entrances, and a shared backyard space. Total scheduled income is $81,420/year, with low expenses and NOI of approximately $58,448, offering a 4.68% cap rate. Located on a quiet, tree-lined street near Mills College, the Laurel District, and easy freeway access. Reliable rental history, high tenant demand, and long-term appreciation make this a smart buy. Showings upon accepted offer. Buyer to approve condition within 72 hours. See 3D floor plan under Associated Docs.
Property Type(s):
Residential Income
| Last Updated | 5/18/2025 | Tract | MAXWELL PARK |
|---|---|---|---|
| Year Built | 1923 | County | Alameda |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Dryer, Gas Water Heater, Washer |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | 0 |
| LOT | 3246 sq ft |
| LOT DESCRIPTION | Back Yard, Sprinklers In Rear |
| SEWER | Public Sewer |
| SUBDIVISION | MAXWELL PARK |
| ZONING | Comm |
Location
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Listed with Re/Max 1st Choice
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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