5664 Gaskill Street, Oakland, California 94608, Oakland, - bed, bath
ACTIVE$1,295,000
5664 Gaskill Street, Oakland, California 94608
0Bed
0Bath
3,296Sqft
4,131Lot
Year Built
1958
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82016695
Home ConditionFair
Features
View-
About this home
Rare Investment Opportunity Near Bay Street, Emeryville! This well-maintained 4-plex is just steps from shops, restaurants, and a movie theater, with easy access to BART and major freeways. Two units are vacantideal for owner-occupants or immediate rental income. The building has been freshly painted and offers strong cash flow from solid, long-term tenants. With high rental demand in the area and excellent appreciation potential, this turnkey property is a smart addition to any portfolio. Dont miss out! Seller just had the entire building and the lower 2 units painted. All the railings were replaced and upgraded to current Building Code. Both staircases were just rebuilt and the roof has just been refreshed.
Nearby schools
6/10
Malcolm X Elementary School
Public,•K-5•0.9mi
1/10
Sankofa Academy
Public,•PK-5•1.0mi
2/10
Hoover Elementary School
Public,•K-5•1.3mi
8/10
Peralta Elementary School
Public,•K-5•1.3mi
2/10
Emerson Elementary School
Public,•K-5•1.3mi
6/10
Leconte Elementary School
Public,•K-5•1.5mi
7/10
Washington Elementary School
Public,•K-5•1.9mi
7/10
Emerson Elementary School
Public,•K-5•2.2mi
6/10
John Muir Elementary School
Public,•K-5•2.2mi
5/10
Oxford Elementary School
Public,•K-5•3.3mi
7/10
Cragmont Elementary School
Public,•K-5•3.7mi
4/10
Anna Yates Elementary School
Public,•K-8•0.3mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Willard Middle School
Public,•6-8•1.8mi
2/10
Westlake Middle School
Public,•6-8•2.1mi
3/10
West Oakland Middle School
Public,•6-8•2.2mi
5/10
Emery Secondary School
Public,•9-12•0.3mi
2/10
Oakland International High School
Public,•9-12•1.2mi
7/10
Oakland Technical High School
Public,•9-12•1.6mi
3/10
Mcclymonds High School
Public,•9-12•1.6mi
8/10
Berkeley High School
Public,•9-12•2.0mi
2/10
Fremont High
Public,•9-12•6.0mi
Price History
Date
Event
Price
08/01/25
Listing
$1,295,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,296 | 0 | 0% |
| Lot Size | 4,131 | 4,131 | 50% |
| Price | $1.29M | $1.04M | 56% |
| Price per square foot | $393 | $0 | 89% |
| Built year | 1958 | 1915 | 78% |
| HOA | |||
| Days on market | 96 | 182 | 33% |
Condition Rating
Fair
Built in 1958, this property has undergone recent exterior maintenance including fresh paint, upgraded railings, rebuilt staircases, and a refreshed roof, indicating good structural upkeep. However, the interior images reveal kitchens and bathrooms that, while clean and functional, show signs of being outdated. One kitchen features white shaker-style cabinets and subway tile, appearing more recently updated, while another kitchen has older-style wood cabinets and white appliances. The bathroom is basic with white tile and fixtures, suggesting an older renovation or original components that are well-maintained but not modern. The property is livable and well-maintained for its age, but the interior styles and features are not contemporary and would benefit from cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Investment Opportunity: Explicitly marketed as a 'Rare Investment Opportunity' and 'smart addition to any portfolio' with 'excellent appreciation potential' in a high-demand rental market.
Strategic Location: Located just steps from shops, restaurants, and a movie theater, with easy access to BART and major freeways, ensuring high tenant appeal and consistent demand.
Immediate Income & Flexibility: Two vacant units offer immediate rental income or owner-occupancy potential, complemented by strong cash flow from existing solid, long-term tenants.
Recent Capital Improvements: The property has undergone significant recent updates including fresh paint, upgraded railings, rebuilt staircases, and a refreshed roof, reducing immediate maintenance concerns for a buyer.
Strong Rental Demand: The description highlights 'high rental demand in the area,' indicating a robust market for consistent occupancy and potential for rent growth.
Cons
Age of Property: Built in 1958, the property is over 60 years old, which may imply potential for older underlying systems (e.g., plumbing, electrical) not explicitly covered by the recent cosmetic and exterior updates, potentially leading to future capital expenditures.
Limited Interior Unit Details: While exterior and common areas have been updated, the description lacks specific information regarding the condition or modernization of individual unit interiors (kitchens, bathrooms), which could be dated and require further investment.
Absence of Parking Information: For a 4-plex in an urban area like Oakland, the description does not mention dedicated parking facilities, which could be a significant drawback for tenants and impact rental desirability or potential.