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!
MLS #
BE41106726
MLS Source
Bay East
Days on Site
20
Flooring
Laminate
Laundry
None
Cooling
Central -1 Zone
Heating
Forced Air
Garage/Parking
Parking Area, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
None
4059 Allendale Ave is a Residential Income in Oakland, CA 94619. This 7,692 square foot property sits on a 8,752 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in 1968.
This address can also be written as 4059 Allendale Ave, Oakland, CA 94619.©2025 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
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This listing information is up-to-date as of August 07, 2025. For the most current information, please contact Steven Leung, (415) 831-8800