$1,425,000
$50K PRICE DROP

Estimated payment $8,516/month

Total Views 6,620
4 Beds
4 Baths
3,550 Sq Ft
$401 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • Heating System Uses Natural Gas
  • Oakland Technical High School Rated A
  • No HOA

About This Home

To access the marketing package copy/paste: 4045 Manila Ave is one of those rare multi-family properties that works equally well as a primary residence and an investment. A vacant, fully renovated unit is move-in ready for an owner-occupant, while three tenanted units generate over $6,300 per month — effectively letting the building pay for itself while you live on-site. The vacant unit has been completely updated with high-end finishes and new appliances throughout, and is flooded with natural light that gives the space a warmth and livability that's genuinely hard to find in a multi-unit building. From the moment you arrive, the property makes an impression — beautifully landscaped with striking palm trees and manicured artificial grass, the curb appeal here is exceptional and sets it apart from anything else on the block. The fundamentals are equally strong for a pure investor. All four units are 1-bedroom / 1-bath layouts — an ideal mix for consistent tenant demand — with fully occupied income reaching $9,000 per month and meaningful upside as rents grow to market at turnover. Utilities are separately metered, keeping operating costs low and NOI healthy with minimal management complexity.

Listing Agent

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 02/21/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 4,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Wood Flooring
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Temescal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1210054

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Year Built: 1916
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Temescal
  • Directions: Google Maps
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Natural Gas
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4000
  • Parcel Number: 1210054

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 $11,430 $613,218 $183,965 $429,253
2024 $11,430 $601,197 $180,359 $420,838
2023 $11,816 $589,410 $176,823 $412,587
2022 $11,261 $577,855 $173,356 $404,499
2021 $10,409 $566,527 $169,958 $396,569
2020 $10,285 $560,721 $168,216 $392,505
2019 $9,664 $549,730 $164,919 $384,811
2018 $9,461 $538,952 $161,685 $377,267
2017 $8,992 $528,387 $158,516 $369,871
2016 $8,705 $518,028 $155,408 $362,620
2015 $8,655 $510,248 $153,074 $357,174
2014 $9,016 $500,253 $150,076 $350,177
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2026 03/22/26 Price Changed $1,425,000 -3.4% $401 / Sq Ft
02/21/2026 02/21/26 For Sale $1,475,000 -- $415 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company M
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $399,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,000 New Conventional
Closed $341,000 New Conventional
Closed $359,650 New Conventional
Closed $319,200 No Value Available
Source: Public Records

Source: bridgeMLS

MLS Number: 41124746

bridgeMLS

APN: 012-1005-004-00

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