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500 Fairbanks Ave

Oakland, CA 94610
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Bed 6

Bed

Bath 4

Bath

SqFt7,141

Sqft(Lot)

Rare 4-Unit Investment Opportunity in Coveted Grand Lake/Lakeshore Property Neighborhood A rare offering in one of Oakland's most sought-after and predominantly single-family neighborhoods — this well-maintained fourplex sits directly on the Grand Lake/Piedmont border, blending vintage character with income-generating flexibility. Spanning 3,112 square feet on a 7,100 square foot lot, the property features two spacious 2-bedroom units and two 1-bedroom units, offering an ideal mix for owner-occupants seeking rental income or investors building a portfolio in an exclusive, low-inventory pocket of the city. The lower 1 bedroom unit is exceptionally large with a living room, dining room and separate eating area Recent capital improvements include a brand-new roof and fresh exterior paint, p rotecting your investment for years to come, while original vintage details throughout — from period moldings to classic architectural touches — preserve the timeless charm this neighborhood is known for. Off-street parking adds valuable convenience in this walkable, high-demand corridor. Ideally located just moments from the shops, cafes, and restaurants of Grand Lake, Lakeshore & Piedmont Avenue and the scenic beauty of Lake Merritt, residents enjoy effortless access to some of Oakland's best dining, boutique shopping, and green space. Nearby transportation options make commuting a breeze, adding further appeal for tenants and owner-occupants alike. Opportunities to acquire multifamily property in this exclusive, single-family-dominant enclave are exceptionally rare. Don't miss this chance to own a piece of one of Oakland's premier neighborhoods.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,299,000

AD Id : 89244174

MLS Id : 41144258

Beds : 6

Lot Size : 7,141 Sqft

Year Built : 1924

County : Alameda

Subdivision: Miami Suburban Acres

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Feature Features

  • Interior Features

    Roof: Composition, Tile
    Appliances: GasWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: SeeRemarks

  • Building Information

    Year Built: 1924
    Construction Materials: Stucco
    Private Pool: No
    View: CityLights

  • Lot Information

    Main Square Feet: 7141 Lot Size Acres: 0.1639 Lot Size Source: PublicRecords Lot Size Square Feet: 7,141 Lot Description: BackYard,FrontYard

    Property Information

    Subdivision: LAKESHORE Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 102

  • Listing Price Information

    Listing Price: $1299000
    Cash, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 11856281

  • Location Information

    Direction: Cross Street: Boulevard.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10351037 Warfield Avenue, Oakland, CA, 94610 $700,000 3 -- 1,375 1,375 SqFt
3608 Kingsley Street, Oakland, CA, 94610 $804,400 4 4 2,953 2,953 SqFt
1251 Macarthur Blvd, Oakland, CA, 94610 $1,195,000 7 4 --
753 Warfield Ave, Oakland, CA, 94610 $988,000 4 3 --
647 Beacon St, Oakland, CA, 94610 $1,600,000 5 4 --
260 Park View Terrace, Oakland, CA, 94610 $1,988,000 6 -- 3,322 3,322 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 09:52

MLS: 41144258 LISTED BY: David R. Valva, Coldwell Banker Realty 510-339-4700 SOURCE: CRMLS

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