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3,820 sqft

$1,045,000

865 29th St, Oakland CA, 94608

Price per sqft$273.56
Built in1928
Property size3,820 sqft
Property typeMulti-family

Overview

Active

New

Listed Nov 5, 2026

Updated 9h ago

COMPLETELY VACANT FOURPLEX – A RARE INVESTMENT OPPORTUNITY! Here's your opportunity to take control from day one! This Fourplex is 100% Vacant, giving you the freedom and flexibility to establish market-rate rents immediately, select your own tenants, and maximize the property's income potential. Adding even more value, each unit is separately metered for water, gas, and electricity including a 5th common-area meter, allowing utility consumption to be measured and billed individually to tenants, helping reduce operating expenses and improve your bottom line. $273/SF. $261,000 per unit, (±) $120,804 estimated projected annual income, (±) 9.248% CAP Rate and (±) 8.65 GRM at $1,045,000, the numbers speak for themselves. The unit mix consists of three 1Bd/Ba units and one 2Bd/1Ba unit, with each unit is approximately (±) 955 SqFt of living space, complete with a formal dining room and separate living room. Building total 3,820 SqFt. Additional amenities include four individual garages, four private storage spaces, and a coin-operated laundry room, providing added convenience and potential supplemental income. Low-maintenance grounds, much of the property is surrounded by concrete, significantly reducing gardening expenses. You're not just buying four units. You're buying four opportunities to generate passive income, build wealth, and create a legacy.

$6,952/mo

Est. mortgage payment based on a $1,045,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41152901

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Giuseppe Zumbo, with Compass
Listing Contact: 510-331-5153 

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