865 29th St, Oakland, CA 94608
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
865 29th St,Oakland, CA 94608
$1,045,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Nov 0801:00 pm - 04:00 pm
Listed by: giuseppe zumbo
Office: compass510-339-6460
MLS#:41152901
Source:CRMLS
Price summary
- Price:$1,045,000
About this home
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....
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Home facts
- Year built:1928
- Subdivision & Development:WEST OAKLAND
- Listing ID #:41152901
- Added:2 day(s) ago
- Updated:November 07, 2026 at 12:20 PM
Rooms and interior
- Flooring:Carpet
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1928
- Lot area:0.08 Acres
- Construction Materials:Stucco
Finances and disclosures
- Price:$1,045,000
Parking
- Total parking spaces:4
- Parking description:Garage
- Garage:Yes
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