Property Back to Market Report Property

402 E 10th St, Oakland, CA 94606

$465,000
2,732
SqFt
Property Back to Market Report Property
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Sold Price
$465,000
List Price
$498,000
Status
CLOSED
MLS#
41138643
Closing Date
Jul 29, 2026
Year Built
1900
Property Type
Quadruplex
Living Area
2,732
Lot Size
2,807
Acres
0.06
County
Alameda
Subdivision
Lake Merritt
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Property Description

This c. 1900 building has spent over a century on East 10th Street watching the neighborhood change around it, and right now it sits directly across from 16,000 Laney College students and nine minutes on foot from Lake Merritt BART. Four 1BD/1BA units, all individually gas-metered, with in-place income of $53,904 against an estimated market of $86,400 — a 60% gap built from three long-tenured month-to-month tenants whose rents have simply never caught up, and a fourth unit sitting vacant and available today. New roof in April 2024, refreshed interiors in several units, and owner-paid utility costs that ran $135 last year. At $498,000 — $182 per square foot, $124,500 per door — the work is priced in and the upside is waiting.

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Additional Information

Appliances
Gas Water Heater
Exterior
Frame, Wood Siding, Shingles
Flooring
Tile, Vinyl
Lot Description
Corner Lot, Level, Front Yard, Paved
Parking Features
Detached, Street Parking
Roof
Composition Shingles
Water Sewer
Public
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Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554

Selling Office: Keller Williams Rlty East Bay.

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