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1714 Chestnut StreetOakland, CA 94607

Multi-Family · 6 Beds · 3,533 Sq. ft. | 0.17 Acres
$899,000 Active

1714 Chestnut Street Overview

Time on Site:
69 days
Visits:
0

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

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1714 Chestnut Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,533
  • Price/Sq.ft. $254
  • Lot 0.17 Acres

Details

General

School Information

  • School District: Oakland (510) 879-8111

Building Information

  • Year Built: 1989

Location/Region

  • Country: US
  • County Or Parish: Alameda
  • Subdivision Name: PRESCOTT

General Information

  • Listing Terms: Conventional
  • Parcel Number: 5387192
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3533
  • Building Area Units: Square Feet

General Information

  • Basement: None
  • Fireplace: true
  • Flooring: Vinyl,Carpet
  • Laundry Features: 220 Volt Outlet,Laundry Room
  • Living Area: 3533
  • Living Area Units: Square Feet
  • Other Equipment: None

Exterior

Parking Information

  • Parking Features: Attached,Space Per Unit - 1
  • Parking Total: 4

Lot Information

  • Lot Features: Sloped Up
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7392
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: true
  • Construction Materials: Stucco

General Information

  • Carport: false
  • Electric On Property: true
  • Fencing: Fenced
  • Sewer: Public Sewer

1714 Chestnut Street Neighborhood

Community

94607 (Oakland) Demographics

36
Median Age
3,636
Population Density (per sq. mile)
52%
College Educated
$60,181
Estimated Median Income
3,637
Estimated Total Home Owners
7,484
Estimated Total Renters
33% / 67%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1714 Chestnut Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1714 Chestnut Street Market Data

Based on the last 30 days in this zip code

$529,531
Average List Price
$439
Average Price per Square Foot
17
Properties Sold
98
Average Days on Market
150
Properties for Sale
Calculations provided by Reliance Network

1714 Chestnut Street History

Date Event Value Agent
6/24/2026Source: bridgeMLS Status Change
Active
6/17/2026Source: CRMLS Price Reduction
$899,000 -5.9%
6/17/2026Source: bridgeMLS Price Reduction
$899,000 -5.9%
6/17/2026Source: bridgeMLS Status Change
Price Change
6/8/2026Source: bridgeMLS Status Change
Active
6/1/2026Source: CRMLS Price Reduction
$955,000 -1.5%
6/1/2026Source: bridgeMLS Price Reduction
$955,000 -1.5%
6/1/2026Source: bridgeMLS Status Change
Price Change
4/28/2026Source: bridgeMLS Status Change
Active
4/21/2026Source: CRMLS Added to Database
April 21, 2026
4/21/2026Source: CRMLS Added to Database
April 21, 2026
4/21/2026Source: bridgeMLS Added to Database
April 21, 2026
Listing provided courtesy of HPI Real Estate- MLS# 41131797MLS Provider