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Stacey Alysson Melman

500 Fairbanks Ave
Oakland, CA, 94610
$1,299,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #41144258 image #0
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.
AGENT: David R. Valva
LISTING BROKERAGE: Coldwell Banker Realty
500 Fairbanks Ave
Oakland, CA

Property Details

Price:
$1,299,000
MLS #:
41144258
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
LAKESHORE
Listed Date:
Aug 7, 2026
Lot Size:
7,141 sqft / 0.16 acres (approx)
Year Built:
1924
LakeshoreCity Lights
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Interior

Appliances
GWH
Flooring
LAM, VINY, WOOD
Heating
SEE

Exterior

Construction Materials
STC
Parking Spots
6
Parking Total
6
Roof
CMP, TLE
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CI

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