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$1,425,000
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Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 4045 Manila Ave is one of those rare multi-family properties that works equally well as a primary residence and an investment. A vacant, fully renovated unit is move-in ready for an owner-occupant, while three tenanted units generate over $6,300 per month - effectively letting the building pay for itself while you live on-site. The vacant unit has been completely updated with high-end finishes and new appliances throughout, and is flooded with natural light that gives the space a warmth and livability that's genuinely hard to find in a multi-unit building. From the moment you arrive, the property makes an impression - beautifully landscaped with striking palm trees and manicured artificial grass, the curb appeal here is exceptional and sets it apart from anything else on the block. The fundamentals are equally strong for a pure investor. All four units are 1-bedroom / 1-bath layouts - an ideal mix for consistent tenant demand - with fully occupied income reaching $9,000 per month and meaningful upside as rents grow to market at turnover. Utilities are separately metered, keeping operating costs low and NOI healthy with minimal management complexity.
Full Property Details
Full Property Details for 4045 Manila Ave
General
- Price: $1,425,000
- Status: Active
- Type: Multi-Family
- Source: MAX
- MLS ID: 41124746
- Updated: 3/22/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Storage
- Flooring: Hardwood Floors Throughout
Exterior
- Exterior Features: No Yard
Parking
- Parking Features: None
Location
- Area: Listing
- County: Alameda
- Subdivision: Temescal
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: No Air Conditioning
- Heating Type: Natural Gas
Structural Information
- Exterior Const.: Stucco
- Roof: Flat
- Year Built: 1916
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 4000
- Lot Features: Corner Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $401
Disclosures and Reports
- Property ID: 1210054
Listed by Kite Hill Real Estate, Jatin Mehta
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Schools
Schools serving 4045 Manila Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Oakland, CA 4803 Lawton Avenue, Oakland, CA 94609 | K-5 | 0.4 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 1 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 0.3 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 4045 Manila Ave
Date
Details
Price
Change
Source
3/22/2026
Price Reduced
$1,425,000
-3.39%
MLS
2/21/2026
Listed
$1,475,000
269.67%
MLS
2/25/2000
Sold
$399,000
—
Public Record
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 4045 Manila Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,948
5%
$613,218
2%
2024
$11,430
-3%
$601,197
2%
2023
$11,816
5%
$589,410
2%
2022
$11,261
8%
$577,855
2%
2021
$10,409
1%
$566,527
1%
2020
$10,285
6%
$560,721
2%
2019
$9,664
2%
$549,730
2%
2018
$9,461
5%
$538,952
2%
2017
$8,992
3%
$528,387
2%
2016
$8,705
1%
$518,028
2%
2015
$8,655
-4%
$510,248
2%
2014
$9,016
1%
$500,253
—
2013
$8,916
—
$497,995
—
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 4045 Manila Ave
4045 Manila Ave, Oakland, CA 94609 (MLS# 41124746) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 4045 Manila Ave is currently listed for $1,425,000 and was received on February 21, 2026. Want to learn more about 4045 Manila Ave? 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.

