3601 Lincoln Ave
- Well-Located Lower Dimond Triplex – 3601 Lincoln Ave is a desirable corner property located in Oakland’s sought-after Lower Dimond neighborhood.
- Attractive Corner Lot – Prominent corner positioning provides excellent natural light and strong curb appeal.
- Excellent Unit Mix – (1) 3 Bed / 2 Bath and (2) 2 Bed / 1 Bath units with spacious layouts appealing to a wide tenant pool.
- Vacant Owner’s Unit – One 2 Bed / 1 Bath unit delivered vacant, featuring an open floor plan and private balcony, ideal for owner-occupancy or leasing at market rent.
- Strong In-Place Income – Two occupied units currently generating $4,300+ per month, with additional rental upside.
- Large Units Throughout – Generous unit sizes provide strong tenant appeal and long-term rental stability.
- Private Yard – The 3 Bed / 2 Bath unit includes a private yard, a rare amenity for Oakland multifamily properties.
- Three Garages – Valuable garage parking for tenants with potential additional rental income.
- Onsite Coin-Op Laundry – Additional income stream from coin-operated laundry facilities.
- Owner-User or Investor Opportunity – Flexible acquisition opportunity with a vacant unit plus rental upside.
- Attractively Priced – Offered under $1,000,000, presenting compelling value for a large-unit triplex in a strong Oakland location.
Property Description
3601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland’s desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access. The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent. Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal. Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $995,000 |
| No. of Units: | 3 |
| Lot Size: | 0.10 Acres |
| Opportunity Zone: | No |
| Price per unit: | $331,667 |
| Property Website | Click Here |
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