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.
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“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $268/sqft | $972,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT848 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
COMPARABLEChoose comps
848 Erie St, Oakland, CA 94610
Sale: $950,000
3/12/2025 • 0.00 mi
Area:3,629 sqft
Price/sqft:$262
Beds:4
Baths:—
Year Built:—
Weight:24.0%
732 Walker Ave, Oakland, CA 94610
Sale: $1,275,000
11/8/2024 • 0.20 mi
Area:3,852 sqft
Price/sqft:$331
Beds:4
Baths:—
Year Built:—
Weight:21.5%
219 Foothill Blvd, Oakland, CA 94606
Sale: $1,050,000
6/26/2025 • 1.17 mi
Area:3,112 sqft
Price/sqft:$337
Beds:4
Baths:—
Year Built:—
Weight:20.5%
621 E 21st St, Oakland, CA 94606
Sale: $738,000
2/19/2025 • 0.97 mi
Area:2,927 sqft
Price/sqft:$252
Beds:4
Baths:—
Year Built:—
Weight:18.7%
1625 4th Ave, Oakland, CA 94606
Sale: $1,165,000
5/6/2025 • 1.15 mi
Area:2,946 sqft
Price/sqft:$395
Beds:5
Baths:—
Year Built:—
Weight:15.4%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
848 Erie St, Oakland, CA 94610 | $995,000 | 3,629 | $274 | 5,000 | — | 1/8/2025 | 4 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
848 Erie St, Oakland, CA 94610 | $950,000 | 3,629 | $262 | 5,000 | 0.00 mi | 3/12/2025 | 4 | — | — | 24.0% | |
732 Walker Ave, Oakland, CA 94610 | $1,275,000 | 3,852 | $331 | 4,800 | 0.20 mi | 11/8/2024 | 4 | — | — | 21.5% | |
219 Foothill Blvd, Oakland, CA 94606 | $1,050,000 | 3,112 | $337 | 5,227 | 1.17 mi | 6/26/2025 | 4 | — | — | 20.5% | |
621 E 21st St, Oakland, CA 94606 | $738,000 | 2,927 | $252 | 5,000 | 0.97 mi | 2/19/2025 | 4 | — | — | 18.7% | |
1625 4th Ave, Oakland, CA 94606 | $1,165,000 | 2,946 | $395 | 3,150 | 1.15 mi | 5/6/2025 | 5 | — | — | 15.4% |
Nearby Listings
35 similar properties within 5 miles
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