2622 Kingsland Ave, Oakland, CA 94619
Local realty services provided by:ERA North Orange County Real Estate
2622 Kingsland Ave,Oakland, CA 94619
$1,165,000
- - Beds
- - Baths
- 3,300 sq. ft.
- Multi-family
- Active
Listed by:michael hyles(510) 435-0000
Office:re/max 1st choice
MLS#:41098034
Source:CAREIL
Price summary
- Price:$1,165,000
- Price per sq. ft.:$353.03
About this home
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.
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Home facts
- Year built:1923
- Listing ID #:41098034
- Added:98 day(s) ago
- Updated:July 16, 2025 at 04:34 PM
Rooms and interior
- Living area:3,300 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan
- Heating:Central Forced Air, Gas
Structure and exterior
- Year built:1923
- Building area:3,300 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Gas Water Heater
- Sewer:Sewer - Public
Finances and disclosures
- Price:$1,165,000
- Price per sq. ft.:$353.03
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