3229 Elm Street, Oakland, CA 94609
Local realty services provided by:CENTURY 21 Kobetz Realty
3229 Elm Street,Oakland, CA 94609
$1,389,000
- 6 Beds
- 5 Baths
- 3,320 sq. ft.
- Multi-family
- Active
Listed by: pippin dew
Office: re/max gold
MLS#:326058973
Source:CABAREIS
Price summary
- Price:$1,389,000
- Price per sq. ft.:$418.37
About this home
Historic Pill Hill fourplex offering strong in-place income, extensive capital improvements, and exceptional long-term investment potential. This well-maintained property features four updated units totaling approximately 3,300 square feet, plus additional attic storage, and generates multiple income streams through rental income, parking, and on-site laundry. Unlike many multifamily properties, several units enjoy their own private outdoor spaces, including private porches, a backyard and storage shed, and a spacious veranda, creating a more residential living experience for tenants. The property also includes nine off-street parking spaces, a rare amenity in this highly desirable neighborhood. Ownership has completed substantial system upgrades over the years, including remodeled kitchens and bathrooms, updated electrical panels, separate gas and water meters, replacement windows, soundproofing between units, foundation improvements, new gutters, termite treatment, and upgraded water heating systems, including tankless water heaters. All units include dishwashers, and the property has been consistently maintained, reducing deferred maintenance concerns. Located in Oakland's sought-after Pill Hill neighborhood, the property is just minutes from Kaiser Permanente, Alta Bates Summit Medical Center, MacArthur BART, Downtown Oakland, Uptown, major freeways, and numerous shopping and dining destinations. The location supports strong rental demand from healthcare professionals, commuters, and long-term residents alike. An excellent opportunity for investors seeking stable cash flow and long-term appreciation, or for an owner-occupant looking to offset housing costs with rental income. Property is currently in the process of obtaining official fourplex approval. Buyer to investigate and satisfy themselves regarding permit status....
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Home facts
- Year built:1896
- Listing ID #:326058973
- Updated:September 01, 2026 at 11:56 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Varies by Unit
- Living area:3,320 sq. ft.
Heating and cooling
- Cooling:Central, Varies by Unit
- Heating:Central, Gas, Varies by Unit, Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1896
- Building area:3,320 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Corner, Shape Regular, Sidewalk
- Architectural Style:Victorian
- Exterior Features:Fenced Yard, Yard Space
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,389,000
- Price per sq. ft.:$418.37
Features and amenities
- Laundry features:In Common Area
Parking
- Total parking spaces:9
- Parking description:Off Street
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