Active
New
3540 Lincoln Avenue
Oakland CA, 94602
$650,000
$193.45 per sqft
Active
New
4 Beds
3,360 sqft
Multi-family
Built in 1925
Perched above I-580 in Oakland's Diamond District, 3540 Lincoln Avenue offers urban convenience with outdoor access. Tenants enjoy a walkable lifestyle with Safeway, CVS, and the Oakland Public Library a block away, while Diamond Park--just half a mile out--provides hiking trails, picnic areas, a pool, and a rec center. This 3,360 SF fourplex is priced at just $650,000--under $200 per square foot--making it a rare find. With current rents at $64,000 per year and a market potential of $92,000 per year, the upside is undeniable. The expansive 8,580 SF lot offers additional potential for an ADU buildout, adding even more value. Whether you're seeking immediate cash flow or long-term appreciation, this property presents a prime investment opportunity in a high-demand rental market.
41088962
MLSⓇ ID
March 11, 2025
Listed
March 12, 2025
Updated
Interior Features
Bedrooms
4
Interior Features
Tub w/Shower Over
Appliances
Washer, Gas Water Heater
Laundry Description
In Unit, Washer
Floor Description
Hardwood, Tile, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Floor Furnace, Natural Gas, Hot Water, Fireplace(s)
Exterior/Building Features
Lot Size
0.2 Acres
Exterior Features
Side Yard, Garden
Lot Features
Sloped Up, Back Yard, Front Yard, Landscape Front, Landscape Back
Security
Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Other Property Details
Area Name
Oakland
Garage
No
Parking
Parking Lot, Side Yard Access, Space Per Unit - 1
Parking Total
4
View
No
County
Alameda
Utilities
All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244
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