3683 Maybelle Avenue

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803319

3683 Maybelle Ave presents a compelling opportunity to acquire a well-located 4-unit residential income property in Oakland's established Laurel District area. According to public records, the property consists of a 1966-built fourplex totaling approximately 4,188 sq ft and featuring an attractive unit mix of three 2BR/1BA units and one 3BR/1BA unit. The generous unit sizes may be larger than many competing multifamily properties in the area and have historically supported stable long-term occupancy. The property has been owned by the same family for many years and most units remain in largely original condition, creating future value-add potential through modernization as units eventually turn over, subject to Oakland rent control and tenant protection regulations. All four units are currently tenant occupied by long-term tenants and generate approximately $55,586 in annual gross rental income, providing immediate cash flow while preserving future upside potential. Additional features include four-car garage parking, separate unit entrances, individually metered PG&E service, and a substantial mid-century multifamily building footprint. Conveniently located near the Laurel and Dimond Districts, residents enjoy easy access to neighborhood shopping, restaurants, schools, parks, public transportation, Mills College at Northeastern University, Interstate 580, Highway 13, and major Bay Area employment centers. Whether acquired as a long-term investment, future value-add opportunity, or portfolio addition, 3683 Maybelle Ave offers a rare combination of large unit sizes, garage parking, stable occupancy, and long-term upside in one of Oakland's most established residential neighborhoods. Broker's Note: Tenant personal property has been virtually removed from exterior marketing photos. Do not disturb occupants.

3683 Maybelle Avenue, Oakland, CA 94619

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