1439 7th Ave, Oakland, California 94606, Oakland, - bed, bath
ACTIVE$785,000
1439 7th Ave, Oakland, California 94606
0Bed
0Bath
Sqft
4,331Lot
Year Built
1951
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41106333
Home ConditionFair
Features
View-
About this home
Incredible investment opportunity near Lake Merritt and Lakeside Park! This solid fourplex features four spacious 1BD/1BA units, each with its own living room. Fully tenant-occupied with long-term, dependable renters—ideal for investors seeking stable rental income in a high-demand area. The building sits on a cement slab foundation, minimizing maintenance concerns like dry rot. Tenants enjoy a generously sized backyard with mature fruit trees. Located just minutes from Grand Lake Theatre, Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART Station—offering convenient access to transit, dining, and entertainment. Whether you're looking to expand your portfolio or secure a foothold in one of Oakland’s most desirable locations, this is a rare chance to own a turn-key income property in the heart of the city. Please do not disturb tenants. Offer subject to inspection.
Nearby schools
3/10
Franklin Elementary School
Public,•K-5•0.2mi
7/10
Cleveland Elementary School
Public,•K-5•0.8mi
4/10
Bella Vista Elementary School
Public,•K-5•0.9mi
8/10
Lincoln Elementary School
Public,•K-5•0.9mi
3/10
Garfield Elementary School
Public,•K-5•1.0mi
3/10
Manzanita Seed
Public,•K-5•1.5mi
3/10
International Community School
Public,•K-5•1.5mi
5/10
Think College Now School
Public,•K-5•1.5mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.7mi
6/10
Henry Haight Elementary School
Public,•K-5•1.8mi
5/10
Glenview Elementary School
Public,•K-5•1.9mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.4mi
3/10
La Escuelita Elementary School
Public,•K-8•0.3mi
4/10
Roosevelt Middle School
Public,•6-8•0.8mi
6/10
Edna Brewer Middle School
Public,•6-8•1.4mi
2/10
Westlake Middle School
Public,•6-8•1.4mi
4/10
Urban Promise Academy
Public,•6-8•1.7mi
3/10
United For Success Academy
Public,•6-8•2.0mi
5/10
Will C. Wood Middle School
Public,•6-8•2.3mi
2/10
Bret Harte Middle School
Public,•6-9•2.5mi
4/10
Oakland High School
Public,•9-12•1.1mi
7/10
Oakland Technical High School
Public,•9-12•2.5mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.5mi
2/10
Fremont High
Public,•9-12•2.7mi
2/10
Oakland International High School
Public,•9-12•2.7mi
4/10
Skyline High School
Public,•9-12•4.8mi
Price History
Date
Event
Price
07/28/25
Listing
$785,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (18 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 4,331 | 4,331 | 50% |
| Price | $785K | $800K | 47% |
| Price per square foot | $0 | $0 | |
| Built year | 1951 | 1914 | 84% |
| HOA | |||
| Days on market | 100 | 181 | 16% |
Condition Rating
Fair
The property was built in 1951, making it over 70 years old. While the exterior appears maintained based on the provided image, there are no interior photos or details regarding recent renovations to the kitchens, bathrooms, or other major systems. Given its age and the lack of information about updates, it's highly probable that the interior components, including appliances, fixtures, and finishes, are outdated, even if functional for the current long-term tenants. The description mentions a 'solid fourplex' and 'cement slab foundation,' suggesting structural integrity, but this does not negate the likelihood of needing significant cosmetic and system updates to meet modern standards. It is tenant-occupied, indicating it is livable, but likely requires minor updates or repairs to enhance its overall quality and appeal.
Pros & Cons
Pros
Stable Income & Occupancy: The property is fully tenant-occupied with long-term, dependable renters, ensuring immediate and stable rental income for investors.
Prime Investment Location: Situated in a high-demand Oakland area near Lake Merritt, downtown, shopping, entertainment, and BART, offering strong rental appeal and potential for appreciation.
Quadruplex Investment: As a quadruplex, it provides multiple income streams and diversification, making it a robust and attractive asset for an investment portfolio.
Low Foundation Maintenance: The cement slab foundation minimizes common maintenance concerns like dry rot, potentially reducing long-term structural repair costs.
Turn-Key Income Property: Described as a 'turn-key income property,' it is ready for immediate cash flow without significant initial setup or vacancy concerns.
Cons
Age of Property & System Upgrades: Built in 1951, the property likely has older systems (e.g., plumbing, electrical, HVAC) that may require significant capital expenditures for updates in the future.
Restricted Pre-Offer Access: The 'do not disturb tenants' clause limits comprehensive interior inspections prior to an accepted offer, making it challenging to fully assess the condition of individual units and potential deferred maintenance.
Unknown Interior Condition: Despite being 'turn-key,' the lack of pre-offer access means the exact interior condition of the units, including potential cosmetic or functional updates needed, remains unknown until a formal inspection.