2622 Kingsland Ave , Oakland, CA 94619

  • $1,165,000
  • $1,165,000
2622 Kingsland Ave , Oakland, CA 94619
Active
2622 Kingsland Ave , Oakland, CA 94619
2622 Kingsland Ave , Oakland, CA 94619
  • $1,165,000
  • $1,165,000

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.

  • Address 2622 Kingsland Ave
  • City Oakland
  • State/county CA
  • Zip/Postal Code 94619

Details

Updated on May 25, 2025 at 12:21 pm
  • Property ID: 41098034
  • Price: $1,165,000
  • Land Area: 0.0745 Acres
  • Garage Size: x x
  • Year Built: 1923
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

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