2324 9th Ave, Oakland, California 94606, Oakland, - bed, bath
ACTIVE UNDER CONTRACT$848,000
2324 9th Ave, Oakland, California 94606
0Bed
0Bath
Sqft
7,500Lot
Year Built
1900
Close
-
List price
$848K
Original List price
$848K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41107136
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to this unique Fourplex, with three units currently vacant and one unit rented. The property consists of one 2-bedroom unit and three 1-bedroom units. This Clinton Fourplex presents an exceptional opportunity—ideal for both owner-occupants looking to offset mortgage expenses with rental income, and for investors seeking strong rental potential. Situated on a large lot of approximately 7,500 sq. ft., the property features a backyard with four dedicated parking spaces—one for each unit. Recent upgrades include a new roof and fresh exterior paint. Conveniently located with easy access to Lake Merritt, local restaurants, shops, parks, and major freeways including I-580 and I-880.
Nearby schools
4/10
Bella Vista Elementary School
Public,•K-5•0.3mi
7/10
Cleveland Elementary School
Public,•K-5•0.4mi
3/10
Franklin Elementary School
Public,•K-5•0.5mi
3/10
Garfield Elementary School
Public,•K-5•0.9mi
3/10
Manzanita Seed
Public,•K-5•1.1mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.2mi
5/10
Glenview Elementary School
Public,•K-5•1.3mi
8/10
Lincoln Elementary School
Public,•K-5•1.4mi
3/10
International Community School
Public,•K-5•1.4mi
5/10
Think College Now School
Public,•K-5•1.4mi
6/10
Henry Haight Elementary School
Public,•K-5•2.1mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.1mi
4/10
Roosevelt Middle School
Public,•6-8•0.7mi
6/10
Edna Brewer Middle School
Public,•6-8•0.7mi
3/10
La Escuelita Elementary School
Public,•K-8•0.9mi
4/10
Urban Promise Academy
Public,•6-8•1.5mi
2/10
Westlake Middle School
Public,•6-8•1.5mi
3/10
United For Success Academy
Public,•6-8•1.7mi
2/10
Bret Harte Middle School
Public,•6-9•1.9mi
5/10
Will C. Wood Middle School
Public,•6-8•2.7mi
4/10
Oakland High School
Public,•9-12•0.5mi
7/10
Oakland Technical High School
Public,•9-12•2.4mi
2/10
Fremont High
Public,•9-12•2.4mi
2/10
Oakland International High School
Public,•9-12•2.6mi
7/10
Encinal Junior/Senior High
Public,•6-12•3.2mi
4/10
Skyline High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
08/05/25
Listing
$848,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (18 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 7,500 | 4,803 | 84% |
| Price | $848K | $848K | 50% |
| Price per square foot | $0 | $0 | |
| Built year | 1900 | 1914 | 26% |
| HOA | |||
| Days on market | 92 | 181 | 11% |
Condition Rating
Fair
This fourplex, built in 1900, shows signs of regular maintenance and some recent cosmetic updates, including a new roof, fresh exterior paint, and updated laminate flooring in the visible interior spaces. However, the property's age is evident in the basic, older light fixtures and wall-mounted heating units, indicating a lack of modern central HVAC. Crucially, there are no images of the kitchens or bathrooms, which are typically key indicators of a property's overall condition and style. Given the age and the partial nature of the updates, it's highly probable that these areas are functional but dated, requiring minor to moderate updates to meet contemporary standards. The property is habitable and rentable, but not fully modernized, placing it in the 'Fair' category where it is aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons
Pros
High Income Potential: With three out of four units currently vacant, the property offers immediate opportunity for an owner-occupant to offset mortgage expenses or for an investor to set market rents and maximize rental income.
Recent Capital Improvements: The property benefits from recent upgrades including a new roof and fresh exterior paint, reducing immediate maintenance costs and enhancing curb appeal.
Prime Location & Accessibility: Conveniently located with easy access to Lake Merritt, local restaurants, shops, parks, and major freeways (I-580 and I-880), enhancing desirability for tenants and future property value.
Dedicated Parking: The property features four dedicated parking spaces, one for each unit, which is a significant and valuable amenity in an urban setting like Oakland.
Large Lot Size: Situated on a substantial 7,500 sq. ft. lot with a backyard, providing ample outdoor space and potential for future expansion or enhanced tenant amenities.
Cons
Age of Property: Built in 1900, the property is very old, suggesting potential for outdated internal systems (plumbing, electrical) and higher ongoing maintenance costs beyond the recent exterior updates.
Required Interior Renovations: While the exterior has been updated, the description does not mention interior renovations for the three vacant units, implying significant upfront investment may be needed to modernize and command top market rents.
Mixed School Ratings: The surrounding area includes a mix of school ratings, with several lower-rated schools nearby, which could be a deterrent for some family-oriented tenants or buyers.