$1,198,888
$51K PRICE DROP

Estimated payment $7,031/month

Total Views 3,309
8 Beds
5 Baths
4,003 Sq Ft
$299 Price per Sq Ft

Highlights

  • No HOA
  • Attached Garage
  • Carpet
  • Fireplace
  • Coin Laundry
  • Heating System Uses Natural Gas

About This Home

PRICED BELOW MARKET......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated 3 bedroom, 2 full bathroom ground-floor owner's unit, CURRENTLY VACANT, offers private backyard and spacious patio area providing peaceful living while the remaining units generate $60K+ annual income to help offset your mortgage payment each month. For investors, the numbers tell a strong story-multiple revenue-generating units under one roof mean consolidated management & lower per-unit operating costs. ALL 3 occupied units have been extensively upgraded and potentially maintenance free for years to come. With clear renovation potential in the owner's unit, strategic upgrades in the owner's unit can significantly boost rental income and overall property value, delivering excellent return on investment. The neighborhood speaks for it's self. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability. OPEN HOUSE; May 15th at 3pm to 3:30pm.

Listing Agent

Athena Stanford

Athena Stanford, Broker License #00918230 Listed on: 03/07/2026

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
  • 4 Units
  • Lincoln Heights Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

3,150 Sq Ft Lot

Listing Details

  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Lincoln Heights
  • Directions: Lincoln to Damuth.
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Unfinished, Carpet
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Window Features: Window Coverings

Exterior Features

  • Roof: Other
  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Attached, Enclosed, Off Street

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated, Laundry Room, Laundry Equip - Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public, Meter on Site, Water District

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3150
  • Parcel Number: 2999455

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 Price Changed $1,198,888 -4.1% $299 / Sq Ft
03/07/2026 03/07/26 For Sale $1,250,000 -- $312 / Sq Ft
Source: Bay East Association of REALTORS®

Source: Bay East Association of REALTORS®

MLS Number: 41126396

Bay East Association of REALTORS®

APN: 029-0994-005-05

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