Bring your investors to this Fourplex in Oakland! Invest in Oakland's promising real estate market. High demand for rentals in this area makes this an excellent investment opportunity. With strong in-place cash flow and low-maintenance systems, this is a low-risk, high-upside investment ideal for both seasoned and first-time multifamily buyers. This property has been well cared for 10 years by the current owner and is ready for new ownership. Great location close to Cortland Creek Park. Section 8 Tenants. Large Units - 4 bedrooms updated and in good condition. Current rents are below market for 4 bedroom units so there is upside. Sewer Lateral Compliant. Call Sandhya for any questions!
Listed by Sandhya Murthy
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License #01916905
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KW Bay Area Estates
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510-304-2703
Last updated August 19, 2025
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Source: MLSListings #ML82014008
Listing Facts
TypeMulti-family
NeighborhoodFairfax
Days on Prevu60
Taxes$23,384/year
Size4,730 sqft
Price per sqft$338
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/19/2025
Price Decreased
$1,599,000
07/09/2025
Listed by KW Bay Area Estates
$1,695,000
Property Details for 4624 Fairfax Avenue
Exterior
Construction
Number Of Units Total: 4
Roof: Composition
Stories: 2
Year Built: 1971
Year Built Details: 2
Measurements
Building Area Total: 4,730
Lot Size Acres: 0.22
Lot Size Area: 9,720
Lot Size Source: Assessor
Lot Size Square Feet: 9,720
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.45
Gross Income: $131,880.00
Operating Expense Includes: Water/Sewer
Taxes
Parcel Number: 036-2423-022-01
Tax Annual Amount: $23,384.00
Interior
Features
Appliances: Cooktop - Gas, Garbage Disposal, Other, Oven Range - Gas
Flooring: Carpet, Tile
Measurements
Living Area: 4,730
Parking
Parking
Carport: Yes
Parking Features: Assigned Spaces, On Street
Parking Total: 4
Schools
Elementary School
Elementary School District: Oakland Unified
High School
High School District: Oakland Unified
Utilities
Equipment
Heating: Wall Furnace
Laundry Features: Hookups Only
Utilities: Public Utilities, Water - Public
Water Source: Public
Based on information from MLSListings™️ 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.
