2550 Damuth St Oakland, CA 94602
Dimond District NeighborhoodEstimated payment $7,369/month
Highlights
- No HOA
- Attached Garage
- Carpet
- Fireplace
- Coin Laundry
- Heating System Uses Natural Gas
About This Home
Welcome to 2550 Damuth St, an exceptional multi-family investment opportunity perfectly positioned for the savvy owner-occupant. This impressive 4,003 square foot property features multiple well-appointed units, including an additional owner unit on the ground floor, making it ideal for live-in owners seeking rental income while enjoying their own private space. Owner unit needs work providing instant upside to this smart investment for the handy buyer. Located in a peaceful Oakland neighborhood with convenient access to Highway 13, this property offers the perfect blend of tranquility and connectivity. This low-maintenance building is easy to manage while generating $60K per year, steady cash flow from your tenants. Owner-occupied financing options make this an even more attractive opportunity for investors ready to make this their home base. You'll be just minutes from essential amenities, with Safeway grocery conveniently located nearby and the scenic beauty of Joaquin Miller Park offering outdoor recreation within easy reach. This is your chance to secure a prime piece of Oakland real estate that works as hard as you do, combining comfortable living with smart investment potential in one compelling package.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 3,150 Sq Ft Lot
Home Design
- Quadruplex
- Stucco
Interior Spaces
- Fireplace
- Leased Washer and Dryer
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Parking
- Attached Garage
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2999455
Community Details
Overview
- No Home Owners Association
- Lincoln Heights Subdivision
Amenities
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,643 | $176,038 | $76,005 | $100,033 |
| 2024 | $7,643 | $172,586 | $74,515 | $98,071 |
| 2023 | $6,029 | $169,202 | $73,054 | $96,148 |
| 2022 | $5,567 | $165,885 | $71,622 | $94,263 |
| 2021 | $4,838 | $162,632 | $70,217 | $92,415 |
| 2020 | $4,772 | $160,965 | $69,497 | $91,468 |
| 2019 | $4,278 | $157,810 | $68,135 | $89,675 |
| 2018 | $4,189 | $154,716 | $66,799 | $87,917 |
| 2017 | $3,890 | $151,682 | $65,489 | $86,193 |
| 2016 | $3,695 | $148,708 | $64,205 | $84,503 |
| 2015 | $3,667 | $146,475 | $63,241 | $83,234 |
| 2014 | $3,867 | $143,605 | $62,002 | $81,603 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $1,250,000 | -- | $312 / Sq Ft |
Source: Bay East Association of REALTORS®
MLS Number: 41126396
APN: 029-0994-005-05
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Ask me questions while you tour the home.