500 Fairbanks Ave, Oakland, CA 94610
- $1,299,000
- 3,112
- SqFt
- List Price
- $1,299,000
- Days on Market
- 0
- MLS#
- 41144258
- Living Sq. Ft
- 3,112
- Lot Size
- 7,141
- Type
- Multifamily
- Zip
- 94610
- city
- Oakland
Property Description
Rare 4-Unit Investment Opportunity in Coveted Grand Lake/Lakeshore Property Neighborhood A rare offering in one of Oakland's most sought-after and predominantly single-family neighborhoods — this well-maintained fourplex sits directly on the Grand Lake/Piedmont border, blending vintage character with income-generating flexibility. Spanning 3,112 square feet on a 7,100 square foot lot, the property features two spacious 2-bedroom units and two 1-bedroom units, offering an ideal mix for owner-occupants seeking rental income or investors building a portfolio in an exclusive, low-inventory pocket of the city. The lower 1 bedroom unit is exceptionally large with a living room, dining room and separate eating area Recent capital improvements include a brand-new roof and fresh exterior paint, protecting your investment for years to come, while original vintage details throughout — from period moldings to classic architectural touches — preserve the timeless charm this neighborhood is known for. Off-street parking adds valuable convenience in this walkable, high-demand corridor. Ideally located just moments from the shops, cafes, and restaurants of Grand Lake, Lakeshore & Piedmont Avenue and the scenic beauty of Lake Merritt, residents enjoy effortless access to some of Oakland's best dining, boutique shopping, and green space. Nearby transportation options make commuting a breeze, adding further appeal for tenants and owner-occupants alike. Opportunities to acquire multifamily property in this exclusive, single-family-dominant enclave are exceptionally rare. Don't miss this chance to own a piece of one of Oakland's premier neighborhoods.
Additional Information
- Exterior
- Stucco
- Building Type
- Quadruplex
- View
- City Lights
- Garageparking
- Off Street, Street Parking
- Laundry
- Common Area, Washer/Dryer Hookups
- Lot Description
- Premium Lot
- School District
- Oakland (510) 879-8111
- High School
- Oakland (510) 879-8111
- Elementary School
- Oakland (510) 879-8111
- Neighborhood
- Lakeshore
- Heating
- Other
- Cooling
- No Air Conditioning
- Year Built
- 1924
- Water Sewer
- Public
- Flooring
- Hardwood, Laminate, Vinyl, Other
- Acres
- 0.16
- Roof
- Rolled/Hot Mop, Tile, Other
Mortgage Calculator
Listing courtesy of David R. Valva from Coldwell Banker Realty. 510-851-0282
Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: