Key information
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Units 4
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Year Built 1925
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Average Unit Size 840
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Building Size 3,360
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Land Area (Sq Ft) 8,580
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Parking 4
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Separate Meters Gas, Electric, Water
Pricing Metrics
CAP Rate:
4.4%
GRM:
10.1
Price per Unit:
$162,500
Price per Square Foot:
$193
LORE Agent Insights
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.
Financial Summary
Gross Rents (Annual):
$64,212
Other Income:
$0
Expense Pass Through:
$0
Vacancy Reserve:
$3,211
Operating Expenses:
$32,146
Net Operating Income:
$28,855
Effective Gross Income:
$28,855
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Estimated Expenses
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Market Rents (Annual):
N/A
Rent Gap:
N/A
Property Tax Rate:
N/A
Property Tax (Base):
N/A
Other Program Fee:
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
Turnover Costs:
N/A
Property Tax (Additional Assessments):
N/A
Maintenance, Repairs, and Reserves:
N/A
Utilities
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Gas & Electricity N/A
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Other Utilities N/A
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Insurance N/A
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Landscaping N/A
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Pest Control N/A
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Garbage N/A
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Water & Sewer N/A
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Janitorial N/A
Rent Roll Object
Log in to view all information| Unit Mix | Tenant Status | Unit Size | Number of Units | Current Rent (Average) | Market Rent Estimate | Comments |
|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Listing Information
Listed By:
Joey Wang
Source:
bridgeMLS/CCAR/Bay East AOR
MLS:
41088962
