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 

Bay East  ©2025 CCAR  ©2025. bridgeMLS  ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 9:57 AM UTC, 3/12/2025.

Powered byLuxury Presence