Back On Market: 4-UNITS. Current Buyer short on cash to close. Live in one & rent out the others. Qualified Buyers ONLY! All units are now vacant. Appraisal on file and will be disclosed to qualified Buyers, only. This investment is a solid choice for families or investors. A fantastic investment opportunity in a prime location! The Adams Point neighborhood is truly desirable, with its easy access to downtown Oakland, the vibrant Lake Merritt area, freeways, and public transportation. The diverse community and nearby amenities make it even more appealing. 389 Euclid Ave offers a spacious 3-bedroom, 2-bathroom home with a basement for laundry and storage, while 387 Euclid Ave provides three additional rental units, including a 1-bedroom, 1-bath penthouse. These units can also be given access to the basement. The potential for adding an ADU in the backyard is also a great asset. Given Oakland's promising real estate market growth and high demand for rentals in this area makes this an excellent investment opportunity. Also, very conservative numbers were used on the scheduled/possible rents (See info below). If you have any specific questions or need further assistance, feel free to ask!
Listed by Errol Vincent
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License #01123279
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Vincenthomes Real Estate Srv
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8263774
Last updated August 01, 2025
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Source: BAREIS #325000769
Listing Facts
TypeSingle-family
NeighborhoodHighland of Adams Point
Days on Prevu206
Size3,560 sqft
Price per sqft$365
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
07/02/2025
Status changed to Active
$1,299,000
07/02/2025
Status changed to Expired
$1,299,000
05/14/2025
Status changed to Active
$1,299,000
03/06/2025
Status changed to Pending
$1,299,000
02/12/2025
Listed by Vincenthomes Real Estate Srv
$1,299,000
Property Details for 389 Euclid Avenue
Exterior
Construction
Number Of Units Total: 4
Property Condition: Varies By Unit
Roof: Shingle, Tar/Gravel, Tile
Stories Total: 3
Window Features: Skylight(s)
Year Built: 1917
Architectural Style: Conversion, Traditional
Features
Patio And Porch Features: Balcony/Deck, Covered Deck, Varies By Unit
View: City, Varies By Unit
Measurements
Lot Features: Landscape Front
Lot Size Acres: 0.14
Lot Size Source: Assessor Auto-Fill
Lot Size Square Feet: 6,251
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 6.0
Gross Income: $136,000.00
Taxes
Parcel Number: 010-0784-014
Interior
Features
Interior Features: Formal Entry, Storage Area(s)
Measurements
Living Area: 3,560
Living Area Source: Assessor Auto-Fill
Other
Location
Subdivision Name: Highland
Parking
Parking
Open Parking Spaces: 4
Parking Features: Off Street, Open
Parking Total: 4
Schools
Elementary School
Elementary School District: Oakland Unified
High School
High School District: Oakland Unified
Middle or Junior School
Middle Or Junior School District: Oakland Unified
Utilities
Equipment
Heating: Varies By Unit, Wall Furnace
Laundry Features: In Common Area, Other
Sewer: Public Sewer
Utilities: Sewer Connected
Water Source: Meter on Site,Public,Water District
Based on information from Bay Area Real Estate Information Services, Inc. and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources
and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively
for consumer's personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing.
Copyright 2025, Bay Area Real Estate Information Services, Inc. All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
