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About the Listing BMLS-OBOCBVA 01 - BMLS-R00811437
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.
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating: See Remarks
- Fireplaces:
- Floor: Laminate,Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Back Yard,Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Composition,Tile
- Others: Stucco,2+ Total Units
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 11856281
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
500 Fairbanks Ave Oakland, CA 94610
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