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5103 Fairfax Ave, Oakland, California 94601, Oakland, - bed, bath

home-pic
ACTIVE$975,000
5103 Fairfax Ave, Oakland, California 94601
0Bed
0Bath
Sqft
2,742Lot
Year Built
1913
Close
-
List price
$975K
Original List price
$975K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41110840
Home ConditionPoor
Features
View-

About this home

Discover unparalleled potential at 5103 Fairfax Avenue, Oakland, CA—a remarkable multi-family residence. This expansive property spans 2,742 square feet, perfectly mirroring its large lot size. Originally built in 1913, the building is divided into four distinct units: a 2-bedroom owner's suite, a 1-bedroom unit, a studio, and an additional occupied unit. Each unit benefits from off-street parking, ensuring convenience for all occupants. Step inside to find baseboard heating and ceiling fans, ensuring a comfortable atmosphere year-round. Enjoy the practicality of included appliances such as a washer and dryer. With a smart layout and thoughtful amenities, this property offers a compelling opportunity for investment or multi-generational living. Secure your piece of Oakland’s vibrant lifestyle today! 1)Large owner unit 2 bd could rent for 3,000mo 2)1bd project rent 2,000mo+ 3) studio projected 1,500mo 4) unit 850-1,000mo projected.

Nearby schools

2/10
Horace Mann Elementary School
Public,•K-5•0.1mi
3/10
Melrose Leadership Academy
Public,•PK-8•0.4mi
2/10
Frick Middle School
Public,•6-8•1.0mi
1/10
Roots International Academy
Public,•6-8•1.0mi
3/10
United For Success Academy
Public,•6-8•1.1mi
4/10
Urban Promise Academy
Public,•6-8•1.4mi
2/10
Fremont High
Public,•9-12•0.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.0mi
2/10
Oakland International High School
Public,•9-12•5.2mi

Price History

Date
Event
Price
09/16/25
Listing
$975,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (11 Listings)
Beds00
Baths00
Square foot00
Lot Size2,7424,945
17%
Price$975K$644K
92%
Price per square foot$0$0
Built year19139705973
25%
HOA
Days on market50211
8%
Condition Rating
Poor
Built in 1913, this property shows significant age. While the exterior appears maintained and solar panels are a positive update, the interior images reveal dated elements such as an older brass ceiling fan, baseboard heating, and a tiled countertop in a small wet bar area. Crucially, there are no images of the kitchen or bathrooms, which are typically the most expensive areas to renovate. For a property of this age, the absence of these photos strongly suggests these areas are in very outdated condition, likely requiring substantial repairs and rehabilitation to meet modern standards. The presence of a portable AC unit further indicates an outdated or insufficient cooling system. Major systems (electrical, plumbing, HVAC) are likely very old and would require significant upgrades.
Pros & Cons

Pros

Robust Income Generation: A quadruplex configuration with four distinct units offers substantial projected rental income, making it an attractive investment opportunity.
Owner-Occupancy Advantage: Includes a 2-bedroom owner's suite, providing flexibility for an owner to reside on-site while offsetting living costs with rental income.
Guaranteed Off-Street Parking: Each unit benefits from dedicated off-street parking, a significant convenience and value-add in an urban environment like Oakland.
Tenant-Ready Amenities: Essential appliances such as a washer and dryer are included, enhancing tenant appeal and reducing initial setup costs.
Flexible Use Case: The property is well-suited for diverse needs, from a pure income-generating investment to a multi-generational family residence.

Cons

Advanced Age & Renovation Needs: Constructed in 1913, the property's age suggests potential for outdated infrastructure and the necessity of significant capital expenditure for modernization and maintenance.
Unit Requiring Extensive Work: One unit is explicitly identified as a 'project,' implying it requires substantial renovation or repair before it can achieve its full rental potential and contribute to income.
Limited Lot Size: The 2,742 sq ft lot is modest for a four-unit building, which may restrict outdoor living space, landscaping options, or future development potential.

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