3639 Patterson Ave, Oakland, California 94619, Oakland, - bed, bath
ACTIVE$995,000
3639 Patterson Ave, Oakland, California 94619
0Bed
0Bath
Sqft
5,000Lot
Year Built
1966
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41110070
Home ConditionFair
Features
Good View:
Patio
View-
About this home
Well-maintained fourplex perfect for an owner-occupant or investor, the property is located in Oakland’s desirable Redwood Heights neighborhood. Built in 1966, the property features three spacious 2-bedroom/1-bath units and one large 3-bedroom/2-bath unit, averaging over 1,000 square feet, each with private outdoor space. The ground floor includes two large 2-bed/1-bath units and the on-site laundry room, while the top floor offers a spacious 3-bed/2-bath unit and an additional 2-bed/1-bath unit. With four off-street parking spaces, a shared rear yard, excellent in-place cash flow, and strong long-term upside, this property represents an exceptional opportunity in one of Oakland’s most desirable neighborhoods.
Nearby schools
3/10
Laurel Elementary School
Public,•K-5•0.1mi
2/10
Allendale Elementary School
Public,•K-5•0.5mi
5/10
Redwood Heights Elementary School
Public,•K-5•0.7mi
4/10
Fruitvale Elementary School
Public,•K-5•1.0mi
2/10
Bret Harte Middle School
Public,•6-9•0.8mi
2/10
Fremont High
Public,•9-12•1.4mi
4/10
Skyline High School
Public,•9-12•1.9mi
2/10
Oakland International High School
Public,•9-12•4.5mi
Price History
Date
Event
Price
09/02/25
Listing
$995,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,000 | 6,413 | 38% |
| Price | $995K | $799K | 88% |
| Price per square foot | $0 | $0 | |
| Built year | 1966 | 9730977 | 88% |
| HOA | |||
| Days on market | 63 | 145 | 25% |
Condition Rating
Fair
The property, built in 1966, shows signs of recent cosmetic updates such as new laminate flooring and fresh paint throughout the units, making it clean and move-in ready. However, the kitchen features basic white appliances and standard countertops, which, while functional, are not modern or high-end. The overall style and features suggest regular upkeep and minor updates rather than an extensive renovation within the last 15 years. The condition aligns with a property that is aged but maintained, with major components functional but showing signs of being outdated in style.
Pros & Cons
Pros
Strong Investment Opportunity: This quadruplex is ideal for both owner-occupants and investors, offering excellent in-place cash flow and significant long-term upside potential in a competitive market.
Desirable Location: Situated in Oakland's highly sought-after Redwood Heights neighborhood, ensuring strong tenant demand and potential for property appreciation.
Spacious Units with Private Outdoor Space: The property features a desirable unit mix of three 2-bed/1-bath and one large 3-bed/2-bath units, each averaging over 1,000 sq ft and including private outdoor space, enhancing tenant appeal.
Valuable Amenities: Includes four off-street parking spaces, a shared rear yard, and an on-site laundry room, providing convenience and added value for residents.
Well-Maintained & Good Elementary School Access: Described as 'well-maintained' and located within walking distance of a highly-rated elementary school (Redwood Heights Elementary, rating 5), appealing to families.
Cons
Property Age: Built in 1966, the property's age may necessitate future capital expenditures for system replacements or significant cosmetic updates to meet modern tenant expectations.
Mixed School Ratings: While the local elementary school is highly rated, some middle and high schools in the area have lower ratings, which could be a consideration for families with older children.
Unspecified Interior Modernization: The description highlights 'well-maintained' but lacks details on recent interior renovations or modern finishes within the units, which might be a drawback for tenants seeking contemporary living spaces.