1920 69th Ave, Oakland, California 94621, Oakland, 94621 - bed, bath
ACTIVE$699,000
1920 69th Ave, Oakland, California 94621
0Bed
0Bath
Sqft
5,900Lot
Year Built
1952
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41118895
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $699.0K(75th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
Fantastic investment opportunity in Oakland! This well-maintained four-plex at 1920 69th Ave offers strong in-place cash flow with a total of four spacious units—three 2-bed/1-bath apartments and one 1-bed/1-bath unit. Tenants enjoy on-site parking, in-unit laundry, and a convenient location near public transit, schools, and major commuter routes. With current rents producing solid income from day one and upside potential through rent optimization or light improvements, this property is perfect for both new and seasoned investors looking to expand their multifamily portfolio.
Nearby schools
2/10
Markham Elementary School
Public,•K-5•0.3mi
2/10
Futures Elementary School
Public,•K-5•0.4mi
2/10
Community United Elementary School
Public,•K-5•0.4mi
1/10
Roots International Academy
Public,•6-8•0.5mi
2/10
Frick Middle School
Public,•6-8•0.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•0.5mi
1/10
Castlemont High
Public,•9-12•1.2mi
2/10
Fremont High
Public,•9-12•1.5mi
2/10
Oakland International High School
Public,•9-12•6.3mi
Price History
Date
Event
Price
12/08/25
Listing
$699,000
08/17/16
Sold
$506,000
01/13/15
Sold
$350,000
Condition Rating
Fair
Built in 1952, this property is over 70 years old. While described as 'well-maintained' and generating 'strong in-place cash flow,' the exterior images show an aged building with basic upkeep, including an older driveway and windows. The listing's mention of 'upside potential through rent optimization or light improvements' strongly suggests that interior components, particularly kitchens and bathrooms, are likely outdated and would benefit from modernization. Without interior photos, it's inferred that major systems are functional but show signs of age, requiring minor updates or repairs to meet contemporary standards, aligning with a 'Fair' condition.
Pros & Cons
Pros
Strong Cash Flow & Investment Potential: The property is explicitly marketed as a fantastic investment opportunity with strong in-place cash flow and solid income from day one.
Multi-Unit Configuration: A four-plex (three 2-bed/1-bath, one 1-bed/1-bath) provides diversified rental income streams and increased overall revenue potential.
Desirable Tenant Amenities: Features like on-site parking and in-unit laundry significantly enhance tenant appeal and retention, potentially commanding higher rents.
Value-Add Opportunity: The property offers clear upside potential through rent optimization and light improvements, allowing for increased profitability.
Strategic Location: Conveniently located near public transit, schools, and major commuter routes, making it attractive to a broad tenant base.
Cons
Property Age: Built in 1952, the property is over 70 years old, which may lead to higher maintenance costs and the eventual need for significant capital expenditures on major systems.
Low-Rated Local Schools: The surrounding public schools generally have low ratings, which could impact long-term property value appreciation and appeal to family-oriented tenants.
Unspecified Major System Updates: While described as 'well-maintained,' the age of the property suggests that major systems (e.g., plumbing, electrical, roof, HVAC) may be original or nearing the end of their lifespan, potentially requiring substantial future investment beyond 'light improvements.'