1745 Chase St, Oakland, California 94607, Oakland, - bed, bath
ACTIVE$1,299,000
1745 Chase St, Oakland, California 94607
0Bed
0Bath
Sqft
5,500Lot
Year Built
1970
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41110266
Home ConditionFair
Features
Good View:
Deck
View-
About this home
Turnkey Fourplex Investment. Discover a solid income-producing property in one of Oakland’s most convenient commuter hubs. This gated fourplex features four 2-bedroom, 1-bath units, each with dedicated parking. A remote-controlled entry gate ensures tenant privacy, while an on-site coin-operated laundry room adds extra income. Near West Oakland BART, with quick connections to San Francisco, Downtown Oakland, and major freeways. Strong rental demand and long-term growth make this an excellent addition to any portfolio.
Nearby schools
4/10
Preparatory Literary Academy Of Cultural Excellence
Public,•K-5•0.2mi
2/10
Martin Luther King, Jr. Elementary School
Public,•PK-3•1.0mi
3/10
West Oakland Middle School
Public,•6-8•1.0mi
3/10
Mcclymonds High School
Public,•9-12•1.4mi
2/10
Oakland International High School
Public,•9-12•2.8mi
2/10
Fremont High
Public,•9-12•5.5mi
Price History
Date
Event
Price
09/03/25
Listing
$1,299,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (9 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,500 | 4,341 | 90% |
| Price | $1.3M | $768K | 90% |
| Price per square foot | $0 | $0 | |
| Built year | 1970 | 9540954 | 90% |
| HOA | |||
| Days on market | 63 | 158 | 10% |
Condition Rating
Fair
Built in 1970, this fourplex appears well-maintained and 'turnkey' for tenants, but the interior units, particularly the kitchens and bathrooms, show signs of being outdated. Kitchens feature older white/light cabinetry, basic laminate countertops, and functional but older white or black appliances (e.g., coil-top electric stoves). Bathrooms have standard white fixtures, basic vanities, and older tile or plastic tub surrounds. Flooring is a mix of carpet and linoleum/vinyl. Light fixtures are simple and functional. While clean and livable, the property has not undergone extensive modern renovations in the last 15-30 years, aligning with the 'fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons
Pros
Strong Income Potential: This property is explicitly marketed as a 'Turnkey Fourplex Investment' with 'strong rental demand and long-term growth,' indicating a robust income-generating asset.
Prime Commuter Location: Situated in 'one of Oakland’s most convenient commuter hubs,' it offers 'quick connections to San Francisco, Downtown Oakland, and major freeways' via West Oakland BART, ensuring high tenant desirability.
Desirable Unit Mix: The four 2-bedroom, 1-bath units represent a highly sought-after configuration for renters, contributing to consistent occupancy and rental income.
Enhanced Tenant Amenities & Security: The 'gated fourplex' with a 'remote-controlled entry gate' and 'dedicated parking' provides security and convenience, making it attractive to prospective tenants.
Additional Revenue Stream: An 'on-site coin-operated laundry room adds extra income,' boosting the property's overall profitability and return on investment.
Cons
Age of Property: Built in 1970, the property may have aging systems (plumbing, electrical, HVAC) and structural components that could require significant capital expenditures in the near future.
Lack of Unit Renovation Details: While 'turnkey' is mentioned, the description does not specify recent interior upgrades to the individual units, potentially implying dated finishes or appliances that could limit rental upside or tenant appeal.
Potential for High Maintenance Costs: As an older multi-unit property, ongoing maintenance and unexpected repair costs for common areas and individual units could be substantial, impacting net operating income if not properly budgeted.