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Listed by Joey Wang • Keller Williams Realty
$650,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $193
MLS Listing ID 41088962
HOA Y/N No
Originating Board Bridge AOR
Year Built 1925
Lot Size 8,580 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Floor Furnace, Natural Gas, Hot Water, Fireplace(s)
Cooling Ceiling Fan(s)
Flooring Hardwood, Tile, Vinyl, Carpet
Fireplace No
Appliance Washer, Gas Water Heater
Laundry In Unit, Washer
Building
Lot Description Sloped Up, Back Yard, Front Yard, Landscape Front, Landscape Back
Water Public
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