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$1,230,750
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Property Description
Massive, well-maintained 7 bed, 5 bath building on a beautiful, tree-lined street in close proximity to the best of Oakland and Berkeley. Already generating $8,699.94 per month in income from the four occupied units (two 1/1, two 2/1), with an amazing 1/1 unit ideal for an owner-occupant or for maximizing market rent.* This is not your typical rental with lots of updates to the tenant-occupied units, on-site parking for every unit, plus one bonus parking space, and on-site laundry. The owner-occupant-ready unit has well-preserved charm with a box-beam ceiling in the dining room, hardwood floors, and tons of double-pane windows flooding it with natural light. An extremely spacious kitchen also contributes to the feeling of abundant space and potential; you really have to see it to appreciate it. Easy access to Rockridge, UC Berkeley and so much more. Large unfinished basement provides an exciting opportunity to expand on the building's value with whatever creative ideas you bring to the table. Photos of tenant-occupied units available upon request. Please respect tenants' privacy and do not disturb them. Happy to arrange access once we are in contract. At $290k per unit, this extraordinary value is waiting for the next phase in its journey. *Buyer to investigate
Full Property Details
Full Property Details for 558 58th St
General
- Sold For: $1,230,750
- Status: Closed
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41116685
- Added to Site: 210 day(s) ago
Interior
- Flooring: Other
Additional Information
- Equipment: See Remarks
Parking
- Parking Features: Parking Lot
Location
- Area: Listing
- County: Alameda
- Subdivision: Idora Park
- Driving Directions: between Telegraph and Shattuck
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Water: See Remarks
Structural Information
- Exterior Const.: Other
- Roof: See Remarks
- Living Area: 3,916 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 6969.6
- Lot Features: See Remarks
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $347
- Terms: Other, None, Submit
Disclosures and Reports
- Property ID: 15137316
Listed by Red Oak Realty, Kevin Cunningham
Sold by Eden Hearth Fine Properties, Jeanny Wang
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Schools
Schools serving 558 58th St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Peralta Elementary School 460 63rd Street, Oakland, CA 94609 | K-5 | 0.4 mi |
Claremont Middle School 5750 College Avenue, Oakland, CA 94618 | 6-8 | 0.7 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 0.9 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 558 58th St
Date
Details
Price
Change
Source
5/22/2026
Sold
$1,230,750
-9.5%
MLS
4/02/2026
Price Reduced
$1,360,000
-4.56%
MLS
1/14/2026
Price Reduced
$1,425,000
-1.72%
MLS
11/04/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
558 58th St, Oakland, CA 94609 (MLS# 41116685) is a Commercial Residential Facility property that was sold at $1,230,750 on May 22, 2026. Want to learn more about 558 58th St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

