$1,165,000

2622 Kingsland Ave, Oakland, CA 94619

  • 6 beds
  • 3,300 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $353/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Major Price Improvement – Turnkey 4-Plex in Prime Maxwell Park! Fully rebuilt , this beautifully upgraded fourplex in Oakland’s sought-after Maxwell Park offers strong income, modern updates, and minimal maintenance—perfect for investors or 1031 exchange buyers. Each unit has been thoughtfully renovated with laminate flooring, updated kitchens and baths, in-unit laundry, and dual-pane windows. The layout includes two 2-bedroom flats upstairs and two spacious 1-bedroom live/work-style units downstairs. Major systems have been upgraded, including electrical, plumbing, roof, and seismic retrofitting. Tenants enjoy a newly painted exterior, private entrances, and a shared backyard space. Total scheduled income is $81,420/year, with low expenses and NOI of approximately $58,448, offering a 4.68% cap rate. Located on a quiet, tree-lined street near Mills College, the Laurel District, and easy freeway access. Reliable rental history, high tenant demand, and long-term appreciation make this a smart buy. Showings upon accepted offer. Buyer to approve condition within 72 hours. See 3D floor plan under Associated Docs.

Listing Status:
Active
Date Added:
May 18, 2025 at 05:00AM
Listing Office:
Re/Max 1st Choice : 925-847-3800
Listing Agent:
Michael Hyles : 510-435-0000
MLS ID:
41098034
  • General: Updated BathsUpdated KitchenTub w/Shower Over
  • Appliances: DryerWasher
  • Laundry: DryerIn UnitLaundry Equip - OwnedWasherInside
  • Basement: Unfinished
  • Flooring: Laminate
  • A/C: Ceiling Fan(s)
  • Heating: Forced AirNatural Gas

This listing courtesy of Michael Hyles, Re/Max 1st Choice

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Melrose Leadership Academy

4730 Fleming Ave, Oakland, CA, 94619

Grades KG-8

0.34 miles away

M

Melrose Leadership Academy

4730 Fleming Ave, Oakland, CA, 94619

Grades KG-8

0.34 miles away

F

Fremont High School

4610 Foothill Blvd, Oakland, CA, 94601

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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