Home | Alameda County | Oakland | 94607 | 1714 Chestnut Street
MLS: BE41131797 | Status: Active | Price: $970,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,533 | 7,392 | 1989 |
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
| Field | Value |
|---|---|
| MLS # | BE41131797 |
| MLS Source | Bay East |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Carpet - Wall to Wall, Vinyl |
| Laundry | None |
| Cooling | Air Conditioning - None, Ceiling Fan |
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Spaces per Unit - 1, Garage: Car(s) |
| Elementary District | Oakland Unified |
| High School District | Oakland Unified |
| Complex Amenities | None |
Quentin Hyde
HPI Real Estate
License #: 01240562
Phone: (415) 816-9977
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,783 | 2 | 0/0 | – |
| 2 | 680 | 1 | 0/0 | – |
| 3 | 536 | 1 | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1075 47th St | $1,100,000 | – | – | 2,450 | Active |
| 3300 Harrison St | $848,000 | – | – | 2,126 | Active |
| 876-880 52nd St | $950,000 | – | – | 2,517 | Active |
| 820 52nd St | $999,000 | – | – | 3,848 | Active |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Quentin Hyde, (415) 816-9977.