USACAOaklandPrescott1714 Chestnut St
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$970,000

For Sale

14 days ago

1714 Chestnut St, Oakland, CA

House

MLS® 41131797

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 13
Lot Size 
Approx. Age 1989
MLS® Number 41131797

Property Address: 1714 Chestnut St, Oakland, CA, 94607

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity for an owner-operator or investor to acquire a versatile 3-unit property on one lot in the heart of Oakland with clear value-add potential. This unique offering features a primary residence plus two separate cottages, providing flexible living and income opportunities. One of the cottages has been recently remodeled and is delivered vacant—ideal for an owner-occupant seeking immediate move-in while offsetting expenses with rental income. The main house and second cottage are currently occupied, offering stable in-place cash flow. The property currently generates approximately $74, 968 in annual rental income (4.3% cap rate). With lease-up of the vacant unit at a conservative market rent of $2, 100/month, projected gross income increases to approximately $87, 642 annually. After applying a standard vacancy factor, this equates to a stabilized cap rate of approximately 5.1%, offering a realistic and achievable path to improved returns. The property is priced to reflect deferred maintenance, presenting an opportunity for buyers to further enhance value through improvements and operational upside. Situated in a convenient Oakland location with strong rental demand, this property is well suited for buyers looking to live in one unit while building long-term weal
MLS® Number41131797
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1989
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$970,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$970,000List Price
  • Commute

Commute

Starting Address
Destination Address
1714 Chestnut St, Oakland, CA

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