1914 51st Avenue, Oakland, CA 94601

• 4,303 sqft

Property Description

Exceptional investment opportunity featuring five residential units on one parcel, with four units currently occupied and one fully renovated unit vacant and ready for immediate occupancy or lease-up. Ownership has invested approximately $200,000 in capital improvements and renovations over the past six years, significantly enhancing the property's condition and long-term value. Major upgrades include a newer roof on the main building (approximately one year old), extensive stucco repairs, newer copper plumbing, four newer water heaters, and mostly newer dual-pane windows throughout the property. Units have been remodeled and updated as needed over time, including wall, ceiling, and sheetrock improvements. The property offers a desirable unit mix with strong in-place rental income and additional upside through the vacant unit. Two garages are scheduled to be delivered vacant at close of escrow, providing flexibility for owner use, tenant amenities, or potential additional income opportunities. A well-maintained asset with substantial recent improvements, stable occupancy, and future income potential, this property presents an attractive opportunity for both investors and owner-users seeking long-term value.

Listing Status:

Active

Date Added:

June 15, 2026

Data Last Updated:

July 5, 2026 at 4:16AM

Listing Office:

Coldwell Banker Realty : (408) 355-1500

Listing Agent:

Joe Velasco : 650-833-8498

MLS ID:

ML82051140

Interior

• A/C: None
• Heating: Wall Furnace
• Disability Feature: None

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 2Slab

Location

• Originating MLS: CRMLS_MLSL
• School District: Other
• County: Alameda

Lot

• Zoning: Multi-Res0352381025

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_MLSL