Prime Oakland Investment Opportunity with Strong Income Potential Don't miss this exceptional multi-unit investment property in Oakland's desirable Allendale neighborhood! This well-maintained, income-generating property offers significant upside potential and is centrally located with easy access to major transportation routes, shopping, and dining. Featuring five spacious units, several of which have been upgraded, this property is in great condition and has a strong rental history with well-established tenants. The complex includes five covered parking stalls and two additional open parking spaces conveniently located in front of Unit 1. An on-site laundry facility provides additional income potential, making this an excellent opportunity for investors looking to expand their portfolio or for those seeking their first investment property. With its prime location, solid tenant base, and multiple revenue streams, this property is a rare find in Oakland’s competitive market. Don’t miss out on this fantastic opportunity!
For sale
$1,750,000
4059 Allendale Ave, Oakland, CA 94619
--beds
0baths
7,692sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$1,822,600 Zestimate®
$228/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 20 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 01:34am
Listed by:
Steven Leung DRE #01310738 Alt:415-831-8800,
Outstanding Investment Co.
Source: Bay East AOR,MLS#: 41106726

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Laminate
Interior area
- Total structure area: 7,692
- Total interior livable area: 7,692 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Fencing: Horse Fencing
Lot
- Size: 8,712 Square Feet
- Features: Level, Back Yard
Details
- Parcel number: 32205886
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Lap Siding
- Roof: Shingle
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $1,533,434
- Annual tax amount: $24,090
- Date on market: 7/31/2025
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