Price: $1,250,000
Beds: 4
Baths: 4
Living Area SqFt: 2,616
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.12
Lot Size SqFt: 5,139
Year Built: 1948
Neighborhood: Fruitvale
Days on Website: 9

Courtesy of Patricia Ulip, Redfin

Property Description

This well-maintained income-generating property includes four (4) one-bedroom, one-bath units, plus three (3) detached garage spaces that provide additional rental income. Each unit features a separate laundry room with washer/dryer hookups, granite countertops, a functional layout, and abundant natural light. The vacant unit was recently renovated with luxury vinyl plank (LVP) flooring, a new gas range, updated kitchen sink and faucet, granite countertops, and fresh paint. Two other units were updated in 2022 with new carpet (25-year warranty) and interior paint. Water heaters have been recently replaced in three of the four units. The building also benefits from an upgraded electrical panel, reducing maintenance risk and enhancing long-term service reliability. Recent capital improvements within the last year include a new roof and full exterior painting—both significant upgrades that position the property for long-term, low-maintenance ownership. Each unit is separately metered for gas and electricity, allowing for efficient expense control and reduced landlord utility obligations. With rents at or near market levels, the property offers immediate, stable cash flow—a rare find in today’s rental market.

Open House

Property Details and Features

  • Appliances & Equipment
  • Other Equipment: “None”
  • Bathrooms
  • 4 full bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 4 bedrooms
  • Building
  • Construction Materials: “Siding – Other”
  • Living Area: 2616
  • Year Built: 1948
  • Level – Street: “2 Bedrooms”, “2 Baths”
  • Level – Upper: “2 Bedrooms”, “2 Baths”
  • Cooling
  • Cooling: “Wall/Window Unit(s)”
  • Cooling Included
  • Floors
  • Flooring: “Hardwood”, “Carpet”
  • Garage
  • 3 garage spaces
  • Garage Included
  • Heating
  • Heating: “Wall Furnace”
  • Heating Included
  • Laundry
  • Features: “Other”
  • Location
  • Subdivision Name: Fruitvale
  • Lot
  • Lot Features: “Other”
  • Lot Size Acres: 0.12
  • Lot Size Area: 5227.2
  • Lot Size Square Feet: 5139
  • Parcel Number: 2784313
  • Parking
  • Parking Features: “Garage”, “Parking Spaces”, “Assigned”
  • Pool
  • Pool Features: “None”
  • Property
  • Property Condition: “Existing”
  • Property Sub Type: Single Family Residence
  • Roof
  • Roof: “Composition”
  • Utilities
  • Electric: “No Solar”
  • Water Source: “Public”
  • Listing
  • Sale/rent: For Sale
  • $478 per square foot

Property Map

$1,250,000 – 3218 Hyde St, Oakland, CA 94601

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