Listed price in listed location currency (USD).
$1,399,000

009

MLS® 326058973

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3093 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.1003 Acres
Approx. Age 1896
Avg. Price Per Sqft $452
MLS® Number 326058973

Property Address: 3229 Elm St, Oakland, CA, 94609-3011

Average square foot calculated using Size range provided by listing agent.

Description

Historic Pill Hill fourplex offering strong in-place income, extensive capital improvements, and exceptional long-term investment potential. This well-maintained property features four updated units totaling approximately 3, 100 square feet, plus additional attic storage, and generates multiple income streams through rental income, parking, and on-site laundry. Unlike many multifamily properties, several units enjoy their own private outdoor spaces, including private porches, a backyard and storage shed, and a spacious veranda, creating a more residential living experience for tenants. The property also includes nine off-street parking spaces, a rare amenity in this highly desirable neighborhood. Ownership has completed substantial system upgrades over the years, including remodeled kitchens and bathrooms, updated electrical panels, separate gas and water meters, replacement windows, soundproofing between units, foundation improvements, new gutters, termite treatment, and upgraded water heating systems, including tankless water heaters. All units include dishwashers, and the property has been consistently maintained, reducing deferred maintenance concerns. Located in Oakland's sought-after Pill Hill neighborhood, the property is just minutes from Kaiser Permanente, Alta Bates Summit Medical Center, MacArthur BART, Downtown Oakland, Uptown, major freeways, and numerous shopping and dining destinations. The location supports strong rental demand from healthcare professionals, commuters, and long-term residents alike. An excellent opportunity for investors seeking stable cash flow and long-term appreciation, or for an owner-occupant looking to offset housing costs with rental income. Property is currently in the process of obtaining official fourplex approval. Buyer to investigate and satisfy themselves regarding permit status.
MLS® Number326058973
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1896
Basement
DrivewayOff Street
Garage Spaces
HeatCentral, Gas, Varies by Unit, Wall Furnace
A/CCentral, Varies by Unit

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$1,399,000List Price
  • Commute

Commute

Starting Address
Destination Address
3229 Elm St, Oakland, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties