2805 106th Ave, Oakland, California 94605, Oakland, - bed, bath

ACTIVE$759,000
2805 106th Ave, Oakland, California 94605
0Bed
0Bath
Sqft
6,294Lot
Year Built
1961
Close
-
List price
$759K
Original List price
$794K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41106500
Home ConditionPoor
Features
View-
About this home
This 4plex has a great income potential. One vacant unit Each unit has indivdual electric, gas and water meters Addresses 2805, 2807, 2809 2811. Each unit has one garage space and an additional off-street parking space
Price History
Date
Event
Price
09/16/25
Price Change
$759,000
07/30/25
Listing
$794,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (13 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 6,294 | 5,298 | 71% |
| Price | $759K | $780K | 50% |
| Price per square foot | $0 | $0 | |
| Built year | 1961 | 9745978 | 64% |
| HOA | |||
| Days on market | 98 | 105 | 36% |
Condition Rating
Poor
The property, built in 1961, shows significant signs of neglect and disrepair on the exterior. Multiple windows are boarded up with plywood, indicating either severe damage, security issues, or that at least one unit is currently uninhabitable. The exterior paint appears worn and dated. Without interior images, it's impossible to assess the kitchen and bathroom conditions, but the visible exterior issues strongly suggest substantial repairs and rehabilitation are required throughout the property to make it safe and comfortable for living, aligning with a 'poor' condition rating.
Pros & Cons
Pros
Strong Income Potential: As a quadruplex (4-plex) with one vacant unit, this property offers significant income potential for investors, allowing for immediate owner-occupancy or market-rate rental income.
Immediate Vacancy for Flexibility: The presence of one vacant unit provides immediate flexibility for a new owner to either occupy a unit or set a new market-rate rent, optimizing cash flow from the outset.
Individual Utility Metering: Each unit features individual electric, gas, and water meters, simplifying landlord responsibilities and ensuring tenants are accountable for their own utility consumption.
Ample Dedicated Parking: Each of the four units benefits from a dedicated garage space and an additional off-street parking spot, a valuable amenity in an urban setting like Oakland.
Recent Price Reduction: The property has seen a recent price reduction from $794,000 to $759,000, potentially indicating a motivated seller and offering a more attractive entry point for buyers.
Cons
Property Age & Potential for Updates: Built in 1961, the property is over six decades old, suggesting potential for outdated systems (plumbing, electrical) and finishes that may require significant capital expenditures for modernization.
Lack of Renovation Details: The description does not highlight any recent renovations or upgrades, implying that the units may feature dated interiors and amenities, potentially requiring investment to attract higher-paying tenants.
Specific Location in East Oakland: While Oakland is a dynamic market, the 'East Oakland' subdivision can encompass areas with varying neighborhood characteristics, which might influence tenant desirability and long-term appreciation compared to other Oakland submarkets.