738 34th St, Oakland, CA 94609
Local realty services provided by:CENTURY 21 Masters
738 34th St,Oakland, CA 94609
$1,000,000
- - Beds
- - Baths
- 6,000 sq. ft.
- Multi-family
- Active
Listed by: giuseppe zumbo
Office: compass
MLS#:41142986
Source:MLSListings
Price summary
- Price:$1,000,000
- Price per sq. ft.:$166.67
About this home
738–744 34th Street presents an exceptional investment opportunity in the heart of West Oakland. Originally built in 1902, this two-story fourplex was expanded with a lower-level addition in 1993, offering approximately 3,258 square feet of living space nestled on a 6,000 square foot lot. The property features a desirable unit mix of two (2) 2-bedroom, 1-bath units and two (2) 3-bedroom, 1-bath units. Situated in a thriving neighborhood experiencing a strong rental demand, this income-producing asset offers compelling investment metrics, including an approximate +/-9.79% Capitalization rate and +/-7.43 Gross Rent Multiplier (GRM). The property is fully subsidized through the Oakland Housing Authority's, Housing Voucher (Section 8) Program. Separately metered with four (4) gas meters and four (4) electric meters, and is serviced by one (1) master water meter. Ideally located near MacArthur BART, downtown Oakland, San Francisco, and major corridors including I-580, I-80, I-880, and Highway 24, the property offers exceptional regional accessibility throughout the Bay Area. Positioned near the highly desirable Temescal neighborhood, a rare opportunity to acquire a well-maintained multifamily asset with strong in-place cash flow, excellent upside potential, and long-term appreciation...
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Home facts
- Year built:1905
- Listing ID #:41142986
- Added:1 day(s) ago
- Updated:July 28, 2026 at 04:33 PM
Rooms and interior
- Living area:6,000 sq. ft.
Heating and cooling
- Cooling:No Cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1905
- Building area:6,000 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Stucco
Utilities
- Water:Gas Water Heater
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$166.67
Parking
- Parking description:Tandem
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