7408 Garfield Ave, Oakland, CA 94605

$549,999 Asking Price

3 beds
3 baths
1,273  sqft
Built in 1943

Investors Alert! This is a rare opportunity to secure a property with 5%+ CAP rates and instant equity in Oakland's Eastmont neighborhood. This well-maintained duplex features two units, each with one bedroom and one bath, plus an additional one-bedroom, one-bath unit at the rear—perfect for house hackers, owner-occupants seeking rental income, or savvy investors. Spanning 1,273 sq. ft. on a 4,500 sq. ft. lot, this multi-family home offers an open floor plan designed for comfort and flexibility. Outdoor spaces include spacious yards with fruit trees and a deck, enhancing the property’s versatility and appeal for work, play, or extra rental income. For nature lovers, Leona Canyon Regional Open Space Preserve and Redwood Regional Park are just minutes away, with beautiful trails for hiking, biking, and outdoor adventures. The location also offers convenient access to BART, the Coliseum, and Oakland International Airport, as well as quick connections to Highways 580 and 880. With its excellent location, flexible living arrangements, and income potential, this property is a true gem for anyone looking to expand their portfolio or find a multi-functional living space. Don’t miss out on this exceptional investment opportunity!

Features & Amenities

Interior

General:
Eat-in Kitchen
Appliances:
Electric Water Heater,Gas Water Heater,Dryer,Washer
Flooring:
Tile,Wood
A/C:
false, None
Heating:
true, Floor Furnace
Fireplace:
None

Exterior

General:
Storage
Style:
Traditional
Other Structures:
Storage
Pool:
None
Parking:
Covered,Off Street, Parking spaces: 2

Construction

Windows:
Screens
General:
Wood Siding, 1

Location

Originating MLS:
CRMLS
County:
Alameda

Lot

Zoning:
40339825

Utilities

Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
KW Advisors East Bay, Asila Sayedi

About Oakland, CA

Housing

Number of Units
177,632
Median Home Value
$787,488
Median Rent
$1,447

58.32% of housing units are renter occupied.

5.58% are vacant.

Commute

Car
45.04%
Public Transportation
15.65%
Walk to Work
2.37%
Work from Home
34.27%
Other
0.97%

The median travel time to work is 24 minutes.

People

Population
421,479
Median Age
37.40
Median Household Size
2.67

Education

High School
16.36%
Associate’s Degree
5.41%
Bachelor’s Degree
27.23%
Graduate Degree
19.90%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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