Contacts

Jatin Mehta

Kite Hill Real Estate

Property Details

Property Type Multi-Family
Property Size 2,979 SF
Units 5
Lot Size 0.12 Acre
Property Tenancy Multi-Tenant
Building Class C
Year Built 1883
Date Updated Jun 16, 2026

West Oakland is one of the East Bay's most dynamic and rapidly evolving neighborhoods, offering investors a compelling combination of urban connectivity, cultural richness, and strong long-term upside. Strategically situated just minutes from Downtown Oakland and directly across the Bay from San Francisco, West Oakland benefits from unparalleled regional access — including the West Oakland BART station, which places residents within a short ride of major employment centers throughout the Bay Area. This transit-rich location continues to attract a growing base of renters priced out of San Francisco and other high-cost submarkets, sustaining robust rental demand across the neighborhood. The neighborhood has experienced meaningful revitalization over the past decade, driven by significant public and private investment in housing, retail, and infrastructure. New mixed-use developments, adaptive reuse projects, and an expanding roster of local businesses have reshaped West Oakland's streetscape while preserving the authentic character and community identity that define the area. A vibrant arts scene, celebrated culinary destinations, and close proximity to the Port of Oakland and major logistics corridors further diversify the neighborhood's economic base and appeal. West Oakland's housing stock — characterized by Victorian-era homes, craftsman bungalows, and classic Bay Area flats — presents investors with the opportunity to acquire well-located assets with strong bones and meaningful value-add potential. The neighborhood's relative affordability compared to surrounding submarkets such as Temescal, Rockridge, and the Oakland Hills, combined with its central location, continues to drive consistent leasing velocity and healthy rent growth across the 2–4 unit product type. From a market fundamentals standpoint, West Oakland benefits from Oakland's broader supply constraints, with limited new small-lot residential development creating a favorable environment for existing income properties. Investors seeking an urban infill asset with strong transit access, a proven rental market, and continued neighborhood momentum will find West Oakland an exceptionally well-positioned submarket for long-term wealth creation. Scores Walk Score - 93 Transit Score - 82 Bike Score - 82

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Highlights

Compelling Value-Add Opportunity: 3 of 5 units delivered vacant, giving an incoming investor the rare ability to set market-rate rents from day one with zero displacement concerns
Exceptional Unit Mix: (4) 2-bed/1-bath units and (1) 1-bed/1-bath unit, purpose-built for broad tenant appeal and maximum occupancy retention
Generous Building & Lot Size: 2,979 SF of living space on a 5,188 SF lot, offering strong density relative to land basis
Portfolio Expansion Opportunity: Adjacent duplex at 779 17th Street also available for sale, offering a rare chance to acquire a contiguous multi-unit portfolio in one of Oakland's most sought-after neighborhoods
Proven In-Place Income: Projected annual gross income of $93,828 ($7,819/month) upon lease-up of the vacant units
Rare 5-Unit Offering: 4 units on public record plus a 5th non-conforming unit, delivering exceptional income diversity at an attractive price point
Sewer Lateral Compliant: A valuable capital improvement already completed, reducing due diligence risk and near-term expense for an incoming buyer
Significant Expansion Potential: Rear yard area plus an additional bonus space presenting a compelling opportunity to add another unit and further maximize long-term income (buyer to verify)
Turnkey, Well-Maintained Asset: Thoughtfully updated interiors throughout, minimizing near-term capital requirements and allowing an investor to focus on revenue growth