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$1,750,000

  • For Sale
  • Active
  • Multi-Family
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Prime Oakland Investment Opportunity with Strong Income Potential Don't miss this exceptional multi-unit investment property in Oakland's desirable Allendale neighborhood! This well-maintained, income-generating property offers significant upside potential and is centrally located with easy access to major transportation routes, shopping, and dining. Featuring five spacious units, several of which have been upgraded, this property is in great condition and has a strong rental history with well-established tenants. The complex includes five covered parking stalls and two additional open parking spaces conveniently located in front of Unit 1. An on-site laundry facility provides additional income potential, making this an excellent opportunity for investors looking to expand their portfolio or for those seeking their first investment property. With its prime location, solid tenant base, and multiple revenue streams, this property is a rare find in Oakland's competitive market. Don't miss out on this fantastic opportunity!

Full Property Details for 4059 Allendale Ave

General

  • Price: $1,750,000
  • Status: Active
  • Type: Multi-Family
  • Source: MAX
  • MLS ID: 41106726
  • Updated: 9/5/2025
  • Added to Site: 170 day(s) ago

Interior

  • Flooring: Laminate

Additional Information

  • Equipment: None

Exterior

  • Exterior Features: Back Yard

Parking

  • Parking Features: Parking Lot

Location

  • Area: Listing
  • County: Alameda
  • Driving Directions: High St to Allendale Ave

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer

Structural Information

  • Exterior Const.: Brick, Lap Siding
  • Roof: Shingle
  • Year Built: 1968

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 8752
  • Lot Features: Level, Back Yard
  • Fencing (Description): Horse Fencing

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $228

Disclosures and Reports

  • Property ID: 32205886

Listed by Outstanding Investment Co., Steven Leung

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Listing agent

— 4059 Allendale Ave —

  • Steven Leung

    Outstanding Investment Co.

Alt: 415-831-8800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4059 Allendale Ave

School District:Oakland Unified School District
NameGradesDistance
Allendale Elementary School
3670 Penniman Avenue, Oakland, CA 94619
PK-50.3 mi
Bret Harte Middle School, Oakland, CA
3700 Coolidge Avenue, Oakland, CA 94602
6-91 mi
Fremont High
4610 Foothill Boulevard, Oakland, CA 94601
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4059 Allendale Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2025
Listed
$1,750,000
20.69%
MLS
3/31/2021
Sold
$1,450,000
—
Public Record
Get Price Alerts and Save Property
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 for 4059 Allendale Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,081
4%
$1,564,096
2%
2024
$24,090
-5%
$1,533,434
2%
2023
$25,232
3%
$1,503,378
2%
2022
$24,613
70%
$1,473,900
84%
2021
$14,476
-58%
$802,191
—
2020
$34,654
6%
$798,969
3%
2019
$32,710
-8%
$778,406
2%
2018
$35,680
29%
$763,147
2%
2017
$27,643
85%
$748,184
2%
2016
$14,939
234%
$733,518
348%
2015
$4,476
-1%
$163,611
2%
2014
$4,540
2%
$160,406
—
2013
$4,431
—
$159,682
—
View All
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 for 4059 Allendale Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Outstanding Investment Co., Steven Leung

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4059 Allendale Ave, Oakland, CA 94619 (MLS# 41106726) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 4059 Allendale Ave is currently listed for $1,750,000 and was received on July 31, 2025. Want to learn more about 4059 Allendale 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.

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