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$1,198,888
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Property Description
HUGE PRICE ADJUSTMENT......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated ground-floor owner's unit offers private, convenient living while the remaining units generate $60K annual income to help offset your mortgage each month. For investors, the numbers tell a strong story-multiple revenue-generating units under one roof mean consolidated management and lower per-unit operating costs. With clear renovation potential in the owner's unit, strategic upgrades can significantly boost rental income and overall property value, delivering excellent return on investment. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability.
Full Property Details
Full Property Details for 2550 Damuth St
General
- Price: $1,198,888
- Status: Active
- Type: Multi-Family
- Source: MAX
- MLS ID: 41126396
- Updated: 5/6/2026
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Storage, Tub w/Shower Over
- Appliances: Gas Water Heater
- Flooring: Linoleum, Unfinished, Carpet
Rooms
Other Rooms
- Laundry: Coin Operated, Laundry Room, Laundry Equip - Leased
Exterior
- Exterior Features: Back Yard, Side Yard, Entry Gate, Low Maintenance
Parking
- Attached garage: Yes
- Parking Features: Attached, Enclosed, Off Street
Location
- Area: Listing
- County: Alameda
- Subdivision: Lincoln Heights
Heating & Cooling
- Cooling Type: No Air Conditioning
- Heating Type: Natural Gas, Wall Furnace
Structural Information
- Exterior Const.: Stucco
- Roof: Other
- Windows: Window Coverings
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 3150
- Lot Features: Level
- Fencing (Description): Fenced
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $299
Disclosures and Reports
- Property ID: 2999455
Listed by Stanford Realty Group, Athena Stanford
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Schools
Schools serving 2550 Damuth St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Sequoia Elementary School, Oakland, CA 3730 Lincoln Avenue, Oakland, CA 94602 | K-5 | 0.1 mi |
Bret Harte Middle School, Oakland, CA 3700 Coolidge Avenue, Oakland, CA 94602 | 6-9 | 0.2 mi |
Skyline High School 12250 Skyline Boulevard, Oakland, CA 94619 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2550 Damuth St
Date
Details
Price
Change
Source
4/22/2026
Price Reduced
$1,198,888
-4.09%
MLS
3/07/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2550 Damuth St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,340
6%
$176,038
2%
2024
$6,007
—
$172,586
2%
2023
$6,029
8%
$169,202
2%
2022
$5,567
15%
$165,885
2%
2021
$4,838
1%
$162,632
1%
2020
$4,772
12%
$160,965
2%
2019
$4,278
2%
$157,810
2%
2018
$4,189
8%
$154,716
2%
2017
$3,890
5%
$151,682
2%
2016
$3,695
1%
$148,708
2%
2015
$3,667
-5%
$146,475
2%
2014
$3,867
2%
$143,605
—
2013
$3,781
—
$142,957
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2550 Damuth St
2550 Damuth St, Oakland, CA 94602 (MLS# 41126396) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2550 Damuth St is currently listed for $1,198,888 and was received on March 07, 2026. Want to learn more about 2550 Damuth St? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

