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4624 Fairfax Ave Oakland, CA 94601

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For Sale
$1,499,000

Fourplex in Oakland with strong cash flow and upside.

Lot size:
0.22 Acres

Property Features for 4624 Fairfax Ave

General Information

Property type
Investment
Standard status
Active
Lot size
0.22 Acres

Building Details

Year built
1971

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Listing Contact
Sandhya Murthy
Sandhya Murthy
Source: Elliman

Listing Agent: Sandhya Murthy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oakland Fourplex Investment Opportunity

This fourplex in Oakland presents an investment opportunity in a promising real estate market. The property features strong in-place cash flow and low-maintenance systems. The current owner has maintained the property for 10 years. The location is near Cortland Creek Park. The property consists of large, updated four-bedroom units in good condition. Current rents are below market for similar units, suggesting potential for increased income. The property is sewer lateral compliant. Section 8 tenants currently occupy the units.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.2045357
Latitude
37.7799481

FAQs

What type of property is this?
Quadplex - Fourplex in Oakland with strong cash flow and upside.
Where is this quadplex located?
The property is located at 4624 Fairfax Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: - Strong in-place cash flow makes this a low-risk, high-upside investment.; - Large 4-bedroom units are updated and in good condition.; - Below-market rents offer significant upside potential.
More about this property
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