3540 Lincoln AVE Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94602-2910
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $200
MLS Listing ID MR41088962
Sold Date
Bedrooms 4
Originating Board Bridge MLS
Year Built 1925
Lot Size 8,580 Sqft
Property Sub-Type Fourplex
Property Description
Perched above I-580 in Oakland's Diamond District, 3540 Lincoln Avenue offers urban convenience with outdoor access. Tenants enjoy a walkable lifestyle with Safeway, CVS, and the Oakland Public Library a block away, while Diamond Park-just half a mile out-provides hiking trails, picnic areas, a pool, and a rec center. This 3,360 SF fourplex is priced at just $650,000-under $200 per square foot-making it a rare find. With current rents at $64,000 per year and a market potential of $92,000 per year, the upside is undeniable. The expansive 8,580 SF lot offers additional potential for an ADU buildout, adding even more value. Whether you're seeking immediate cash flow or long-term appreciation, this property presents a prime investment opportunity in a high-demand rental market.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Floor Furnace ,Gas
Cooling Ceiling Fan
Flooring Tile,Vinyl,Carpet - Wall to Wall,Hardwood
Laundry Laundry Area - In Unit,Washer
Exterior
Exterior Feature Concrete,Stucco,Wood Shingles,Wood Frame
Parking Features Spaces per Unit - 1,Parking Area,Access - Side Yard
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Grade - Sloped Up
Sewer Sewer - Public
Water Public,Heater - Gas
Others
Tax ID 29-993-21-1
Special Listing Condition Not Applicable