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Fourplex with Four Identical Units
For Sale
$998,000

615 Hillsborough ST, Oakland, CA 94606

Four identical 2-bedroom, 1-bath units with formal living and dining rooms, plus key 2024-2025 exterior upgrades.

Days on Market57

Property Features for 615 Hillsborough ST

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 4

Building Details

Year Built 1940
Tenancy Multi
Listing Agency: The GRUBB Co., Inc.
Listed By: Teresa Lee
Source: Elliman
Added: Jun 7 Changed: Jul 10 Last Checked: Jul 19 at 6:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The GRUBB Co., Inc.

Investment Insights

Based on property information with market context.

This fourplex contains four identical residential units, each offering 2 bedrooms and 1 bathroom, along with formal living and dining rooms. Recent improvements include dual-pane windows throughout (2024), a new roof (2024), and a new back fence (2025). The property is also noted as SB721 compliant.

The building is described as located just two blocks from Lake Merritt in Cleveland Heights, with convenient access to Lakeshore Avenue and the nearby dining, cafes, and shops of Grand Lake. The remarks also cite a Walk Score of 91 and a Bike Score of 100, with a Transit Score of 67.

For prospective owner-occupants or investors, the consistent unit layout can simplify leasing and operations, since each unit features the same 2-bedroom, 1-bath configuration with formal living and dining space. Buyers will also appreciate the cited exterior and window upgrades completed in recent years, along with the compliance note provided for SB721.

Key Highlights

  • Fourplex built in 1940 with four identical units, each offering 2 bedrooms and 1 bath
  • Each unit includes formal living and formal dining rooms
  • Dual‑pane windows installed throughout in 2024

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,264
Businesses Nearby

Demographics for 94606, CA

40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four identical 2-bedroom, 1-bath units with formal living and dining rooms, plus key 2024-2025 exterior upgrades.
Where is this quadplex located?
The property is located at 615 Hillsborough ST Oakland, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Fourplex built in 1940 with four identical units, each offering 2 bedrooms and 1 bath; Each unit includes formal living and formal dining rooms; Dual‑pane windows installed throughout in 2024
More about this property
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