4114 E 17th St, Oakland, California 94601, Oakland, - bed, bath
ACTIVE$699,000
4114 E 17th St, Oakland, California 94601
0Bed
0Bath
Sqft
2,050Lot
Year Built
1915
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41103303
Home ConditionFair
Features
Patio
View-
About this home
Vacant Main top floor unit has just been remolded with new flooring, appliances and paint and strong tenants in the other 2 units. Rare investment Opportunity with 6.7% cap rate and excellent rental income in Fruitvale District. Near 580 and 880 between close to restaurants, transportation and shops! Walking distance to Fruitvale BART Station. Please call/email today for an exclusive showing and financials. Investors and Owner occupied buyers welcome.
Nearby schools
2/10
Global Family School
Public,•K-5•0.3mi
2/10
Horace Mann Elementary School
Public,•K-5•0.7mi
3/10
International Community School
Public,•K-5•0.9mi
5/10
Think College Now School
Public,•K-5•0.9mi
2/10
Allendale Elementary School
Public,•K-5•1.1mi
8/10
Edison Elementary School
Public,•K-5•1.3mi
3/10
Manzanita Seed
Public,•K-5•1.3mi
4/10
Fruitvale Elementary School
Public,•K-5•1.5mi
5/10
Glenview Elementary School
Public,•K-5•2.1mi
3/10
United For Success Academy
Public,•6-8•0.6mi
4/10
Urban Promise Academy
Public,•6-8•0.8mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.0mi
1/10
Roots International Academy
Public,•6-8•1.5mi
4/10
Roosevelt Middle School
Public,•6-8•1.6mi
2/10
Bret Harte Middle School
Public,•6-9•1.8mi
9/10
Lincoln Middle School
Public,•6-8•1.9mi
6/10
Edna Brewer Middle School
Public,•6-8•2.1mi
2/10
Fremont High
Public,•9-12•0.3mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.5mi
9/10
Alameda High School
Public,•9-12•2.0mi
4/10
Oakland High School
Public,•9-12•2.4mi
4/10
Skyline High School
Public,•9-12•3.2mi
2/10
Oakland International High School
Public,•9-12•4.7mi
Price History
Date
Event
Price
07/01/25
Listing
$699,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 2,050 | 4,945 | 17% |
| Price | $699K | $644K | 58% |
| Price per square foot | $0 | $0 | |
| Built year | 1915 | 9705973 | 33% |
| HOA | |||
| Days on market | 126 | 210 | 25% |
Condition Rating
Fair
The property, built in 1915, is a triplex. While the description states the 'Vacant Main top floor unit has just been remolded with new flooring, appliances and paint,' the renovation appears partial. The kitchen in this unit features new stainless steel appliances and countertops, but retains older wooden cabinets. Heating systems are older wall units. Images of other units (likely the tenant-occupied ones) show significantly dated bathrooms and general finishes (e.g., older vanity, basic tile flooring, older light fixtures). The overall property condition is a blend of a partially updated unit and likely two older, maintained but outdated units. This aligns with 'Fair' as the home is aged, maintained through upkeep, but major components show signs of being outdated and would require further updates for a cohesive, modern standard across all units.
Pros & Cons
Pros
High Cap Rate & Rental Income: The property is advertised as a rare investment opportunity with a strong 6.7% cap rate and excellent rental income, indicating a solid return on investment.
Recently Remodeled Unit: The main top floor unit has just been remodeled with new flooring, appliances, and paint, making it immediately attractive for an owner-occupant or a new tenant.
Established Tenant Base: Two of the units already have 'strong tenants,' providing immediate and stable cash flow for an investor without the need to find new renters for those units.
Excellent Transit-Oriented Location: Located in the Fruitvale District, it's within walking distance to the Fruitvale BART Station and close to major freeways (580, 880), restaurants, and shops, enhancing its rental appeal.
Dual Buyer Appeal: The property is marketed to both investors and owner-occupied buyers, broadening its market appeal due to the vacant, remodeled unit and existing income streams.
Cons
Advanced Age of Property: Built in 1915, the property is over a century old, which may imply potential for aging infrastructure, deferred maintenance, and higher upkeep costs for systems not recently updated.
Partial Renovation: Only the main top floor unit has been explicitly stated as remodeled. The condition of the other two units is not detailed, suggesting they might require future updates or maintenance to maximize rental potential.
Small Lot Size: With a lot size of 2050 sq ft, the property has limited outdoor space, which could be a drawback for tenants or owner-occupants seeking larger yards or additional parking.