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848 Erie St, Oakland, CA 94610

Sale Price: $950,000
Jan 8, 20253,629 sqft4 beds0 baths
Listed by: Shalaya Shipman
License #: 01444963
Phone #: 510-773-4686
Compass
Source:
CRMLS Logo
MLS #: 41081870

Property Description

Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,253

TurboHome Estimated Value

$972,600

$268 sqft

High Valuation
$1,021,230
$281/sqft
Normal Valuation
$972,600
$268/sqft
Low Valuation
$923,970
$255/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$268/sqft$972,600

Neighborhood: Lakeshore

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Comparative Value

$738K

$950K

$995K

$1.05M

$1.17M

$1.27M

621 E 21st St, Oakland, CA 94606

Sale Price: $738,000

Selected Comparable

848 Erie St, Oakland, CA 94610

Sale Price: $950,000

Selected Comparable

848 Erie St, Oakland, CA 94610

List Price: $995,000

Subject Property

219 Foothill Blvd, Oakland, CA 94606

Sale Price: $1,050,000

Selected Comparable

1625 4th Ave, Oakland, CA 94606

Sale Price: $1,165,000

Selected Comparable

732 Walker Ave, Oakland, CA 94610

Sale Price: $1,275,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
848 Erie St, Oakland, CA 94610

848 Erie St, Oakland, CA 94610

List: $995,000

Listed: 1/8/2025

Area:3,629 sqft
Price/sqft:$274
Beds:4
Baths:
Year Built:
Lot Size:5,000

Comparable Properties

COMPARABLE
Choose comps
848 Erie St, Oakland, CA 94610

848 Erie St, Oakland, CA 94610

Sale: $950,000

3/12/20250.00 mi

Area:3,629 sqft
Price/sqft:$262
Beds:4
Baths:
Year Built:
Weight:24.0%
732 Walker Ave, Oakland, CA 94610

732 Walker Ave, Oakland, CA 94610

Sale: $1,275,000

11/8/20240.20 mi

Area:3,852 sqft
Price/sqft:$331
Beds:4
Baths:
Year Built:
Weight:21.5%
219 Foothill Blvd, Oakland, CA 94606

219 Foothill Blvd, Oakland, CA 94606

Sale: $1,050,000

6/26/20251.17 mi

Area:3,112 sqft
Price/sqft:$337
Beds:4
Baths:
Year Built:
Weight:20.5%
621 E 21st St, Oakland, CA 94606

621 E 21st St, Oakland, CA 94606

Sale: $738,000

2/19/20250.97 mi

Area:2,927 sqft
Price/sqft:$252
Beds:4
Baths:
Year Built:
Weight:18.7%
1625 4th Ave, Oakland, CA 94606

1625 4th Ave, Oakland, CA 94606

Sale: $1,165,000

5/6/20251.15 mi

Area:2,946 sqft
Price/sqft:$395
Beds:5
Baths:
Year Built:
Weight:15.4%

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