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Anna Spathis

info@sterlinghomesre.com +1(415) 810-5291

Listed by Errol Vincent Vincenthomes Real Estate Srv

$ 1,399,000

Est. payment | -/mo

3,560 SqFt

Save

$ 1,399,000

Est. payment | -/mo

Save

3,560 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $392

Subdivision Highland

MLS Listing ID 326070274

Style Conversion,Traditional

HOA Y/N No

Year Built 1917

Lot Size 6,251 Sqft

Acres 0.1435

Property Sub-Type Quadruplex

Property Description

Exceptional Adams Point Opportunity Ideal for Homeowners & Investors Alike. Discover a rare and versatile property offering the flexibility of a grand single-family residence or four separate income-producing units. Whether you are an owner-occupant seeking a beautiful home with supplemental rental income, a multi-generational living solution, or an investor pursuing a high-demand asset, this property presents a remarkable opportunity. Qualified buyers only. Situated in the coveted Adams Point neighborhood, this property enjoys a premier location just minutes from Downtown Oakland, Lake Merritt, major freeways, and public transportation. Residents benefit from a vibrant, diverse community, walkable conveniences, and easy access to the Bay Area's most desirable amenities. The property includes a spacious 3-bedroom, 2-bath residence at 389 Euclid Avenue, complemented by a basement offering abundant storage and laundry facilities. At 387 Euclid Avenue, three additional units provide exceptional income potential, including a desirable 1-bedroom, 1-bath penthouse. The basement can also be made accessible to these units, further enhancing tenant appeal and functionality. Adding to the property's value is the potential to create an Accessory Dwelling Unit (ADU) in the rear yard or explore the possibility of additional off-street parking, offering future flexibility and upside potential. With strong rental demand, promising neighborhood growth, and conservative projected rental estimates, this property represents an outstanding opportunity for both discerning homeowners and savvy investors. Few properties combine location, versatility, income potential, and long-term value so seamlessly. Live in one, lease the others or maximize returns by renting all four units. The possibilities are exceptional.

Location

State CA

County Alameda

Area Oakland Zip 94610

Rooms

Basement Full, Storage Space

Interior

Interior Features Formal Entry, Storage

Heating Wall Furnace

Cooling None

Laundry Common Area, Other

Exterior

Waterfront Description Meter on Site,Public,Water District

View City

Roof Type Shingle,Tar/Gravel,Tile

Porch Balcony/Deck, Covered Deck

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscape Front

Story 3

Sewer Public Sewer

Water Meter on Site, Public, Water District

Architectural Style Conversion, Traditional

Schools

School District Alameda, Elementary: Oakland Unified, Middle/Junior: Oakland Unified, High: Oakland Unified

Others

Tax ID 0100784014

Special Listing Condition Standard

Bay Area Real Estate Info Services (BAREIS)

Nearby Locations

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+1(415) 810-5291

info@sterlinghomesre.com

389 Euclid AVE Oakland, CA 94610