Prime Oakland Investment Opportunity with Strong Income Potential Don't miss this exceptional multi-unit investment property in Oakland's desirable Allendale neighborhood! This well-maintained, income-generating property offers significant upside potential and is centrally located with easy access to major transportation routes, shopping, and dining. Featuring five spacious units, several of which have been upgraded, this property is in great condition and has a strong rental history with well-established tenants. The complex includes five covered parking stalls and two additional open parking spaces conveniently located in front of Unit 1. An on-site laundry facility provides additional income potential, making this an excellent opportunity for investors looking to expand their portfolio or for those seeking their first investment property. With its prime location, solid tenant base, and multiple revenue streams, this property is a rare find in Oakland’s competitive market. Don’t miss out on this fantastic opportunity!
Listed by Steven Leung
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License #01310738
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Outstanding Investment Co.
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Alt: 415-831-8800
Last updated August 07, 2025
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Source: bridgeMLS #41106726
Listing Facts
TypeMulti-family
NeighborhoodAllendale
Days on Prevu133
Size7,692 sqft
Price per sqft$228
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
07/31/2025
Listed by Outstanding Investment Co.
$1,750,000
Property Details for 4059 Allendale Ave
Exterior
Construction
Number Of Units Total: 5
Year Built: 1968
Construction Materials: Brick, Lap Siding
Exterior Features: Back Yard
Features
Fencing: Horse Fencing
Measurements
Building Area Total: 7,692
Lot Features: Level, Back Yard
Lot Size Acres: 0.20
Lot Size Area: 0
Lot Size Square Feet: 8,752
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 32205886
Interior
Features
Flooring: Laminate
Measurements
Living Area: 7,692
Living Area Units: Square Feet
Parking
Parking
Parking Features: Parking Lot
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 4059 Allendale Ave.
How does 4059 Allendale Ave compare to other multi-family homes in Allendale?
This multi-family home is listed 31% above the average price for multi-family homes in Allendale and has been on the market for 109 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 7,692 sqft.
4059 Allendale Ave is a -bedroom multi-family home for sale in Oakland CA 94619. On Prevu for 133 days at $1,750,000. This residence features 7,692 square feet of living space, located in Oakland. The median listing price for multi-family homes in this area is $865,000. Property amenities include air conditioning and parking. Explore more multi-family home listings in Oakland.
Based on information from bridgeMLS 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.
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.