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3608 Midvale Ave, Oakland, CA 94602

Sale Price: $1,037,000
Nov 18, 20243,264 sqft8 beds0 baths
Listed by: Jerry Beverly
License #: 01957422
Phone #: 510-470-9114
Compass
Source:
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MLS #: 41079206

Property Description

Own a piece of Oakland's vibrant rental market with this income-generating quadplex! Located in the desirable Upper Laurel neighborhood, just north of the 580 freeway, 3608 Midvale Avenue offers four spacious 2-bedroom, 1-bathroom units, each 816 square feet. Built in 1963, this well-maintained two-story building spans 3,264 square feet and features a practical, low-maintenance design that’s both popular and functional. This property is a prime investment opportunity with consistent rental appeal, boasting 8 on-site parking spaces across the driveway and garages. Additional amenities include four storage lockers, a backyard hangout space, and a shared coin-operated laundry. With one unit currently vacant, and another on it's way. it’s perfect for an owner-occupant or for leasing at market rates. The property also includes two large two-car garages, offering potential for extra income or conversion to ADUs, with additional driveway and street parking available. Situated close to public transportation and major freeways, this quadplex is an ideal choice for investors seeking strong cash flow.
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

$14,364

TurboHome Estimated Value

$1,016,300

$311 sqft

High Valuation
$1,067,115
$327/sqft
Normal Valuation
$1,016,300
$311/sqft
Low Valuation
$965,485
$296/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$311/sqft$1,016,300

Neighborhood: Upper Laurel

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Comparative Value

$795K

$880K

$1.04M

$1.07M

$1.25M

2262 Courtland Ave, Oakland, CA 94601

Sale Price: $795,000

Selected Comparable

2748 Garden St, Oakland, CA 94601

Sale Price: $880,000

Selected Comparable

1806 41st Ave, Oakland, CA 94601

Sale Price: $900,000

Selected Comparable

3608 Midvale Ave, Oakland, CA 94602

Sale Price: $1,037,000

Selected Comparable

3608 Midvale Ave, Oakland, CA 94602

List Price: $1,075,000

Subject Property

2232 Coolidge Ave, Oakland, CA 94601

Sale Price: $1,250,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3608 Midvale Ave, Oakland, CA 94602

3608 Midvale Ave, Oakland, CA 94602

List: $1,075,000

Listed: 11/18/2024

Area:3,264 sqft
Price/sqft:$329
Beds:8
Baths:
Year Built:
Lot Size:4,800

Comparable Properties

COMPARABLE
Choose comps
3608 Midvale Ave, Oakland, CA 94602

3608 Midvale Ave, Oakland, CA 94602

Sale: $1,037,000

2/10/20250.00 mi

Area:3,264 sqft
Price/sqft:$318
Beds:8
Baths:
Year Built:
Weight:23.9%
1806 41st Ave, Oakland, CA 94601

1806 41st Ave, Oakland, CA 94601

Sale: $900,000

5/8/20251.47 mi

Area:3,692 sqft
Price/sqft:$244
Beds:8
Baths:
Year Built:
Weight:20.0%
2748 Garden St, Oakland, CA 94601

2748 Garden St, Oakland, CA 94601

Sale: $880,000

9/4/20241.19 mi

Area:3,456 sqft
Price/sqft:$255
Beds:8
Baths:
Year Built:
Weight:19.6%
2262 Courtland Ave, Oakland, CA 94601

2262 Courtland Ave, Oakland, CA 94601

Sale: $795,000

11/1/20241.16 mi

Area:3,626 sqft
Price/sqft:$219
Beds:8
Baths:
Year Built:
Weight:19.0%
2232 Coolidge Ave, Oakland, CA 94601

2232 Coolidge Ave, Oakland, CA 94601

Sale: $1,250,000

12/26/20241.26 mi

Area:3,956 sqft
Price/sqft:$316
Beds:8
Baths:
Year Built:
Weight:17.5%

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