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A 1909 Victorian fourplex in the heart of downtown Oakland, priced at $186/SF in one of the city's most central addresses. The building carries its original character — bay windows, built-in cabinetry, hardwood floors — and the new 2025 roof takes the largest near-term capital item off the table. Gross annual rents of $96,756 grow to $125,484 at market as the 2BR delivered vacant leases at $2,700 and the long-tenured 3BR turns toward $3,200, lifting net operating income from $58,000 to $82,000. Four electric meters and three gas meters keep operations clean, with the owner paying only garbage. The studio and adjacent 2BR can be combined into a larger unit, and the property's downtown mixed-use zoning opens a long-horizon density play. Minutes from BART, I-980/I-580, and downtown's full retail and employment core — a fourplex built for an owner-occupier, first-time multifamily buyer, or value-add investor ready to step into Oakland's core.
Listing agent: Joey Wang DRE #01890931 joey.wang@loremultifamily.com, Listing office: Keller Williams Realty
MLS data updated 10/24/2026, 8:26:59 AM PT
Source: CRMLS, MLS #: 41135993
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 27, 2026
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This home · nearest recorded event
$849,500Asking price recorded · Jul 27, 2026ZIP 94607 · Jul 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.