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1714 Chestnut Street, Oakland, CA 94607

$899,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Quentin Hyde | quentin@hpirealestate.com
Lic#: 01240562
Broker: Courtesy of HPI Real Estate
Phone: 415-816-9977

Agent Remarks

Excellent opportunity for an owner-operator or investor to acquire a versatile 3-unit property on one lot in the heart of Oakland with clear value-add potential. This unique offering features a primary residence plus two separate cottages, providing flexible living and income opportunities. One of the cottages has been recently remodeled and is delivered vacant—ideal for an owner-occupant seeking immediate move-in while offsetting expenses with rental income. The main house and second cottage are currently occupied, offering stable in-place cash flow. The property currently generates approximately $74,968 in annual rental income (4.3% cap rate). With lease-up of the vacant unit at a conservative market rent of $2,100/month, projected gross income increases to approximately $87,642 annually. After applying a standard vacancy factor, this equates to a stabilized cap rate of approximately 5.1%, offering a realistic and achievable path to improved returns. The property is priced to reflect deferred maintenance, presenting an opportunity for buyers to further enhance value through improvements and operational upside. Situated in a convenient Oakland location with strong rental demand, this property is well suited for buyers looking to live in one unit while building long-term weal

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# 41131797

List price is $899,000 Reduced by $56,000 on 6/17/2026

Price: $899,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1989

0.17 acres

Lot size: 0.1697

Subdivision: PRESCOTT

County: Alameda

Construction: Stucco

Parking description: Garage

Lot description: Sloped Up

Heating description: Forced Air

Last Updated: 6/26/2026

Days On Market (DOM): 66

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Lat/Long: 37.811569, -122.283944.
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