Skip to main content

Millman Team Real Estate

$1,200,000
0.11 Acre Lot

74 Pearl St, Oakland, California 94611

  • Residential Income Property Type
  • Garage Cars Garage
  • 1926 Year Built
Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 74 Pearl Street presents an outstanding opportunity to acquire a fourplex in Oakland’s desirable Harrison neighborhood, just minutes from Adams Point, Lake Merritt, Downtown Oakland, and major commuter routes. Surrounded by restaurants, cafés, shopping, and public transportation, the property enjoys a prime location in one of Oakland’s most sought-after rental markets. The property consists of four spacious 1-bedroom, 1-bathroom units totaling over 3, 200 square feet on a 5, 000 square foot lot. Three of the four units have been extensively renovated with new sheetrock, flooring, ceilings, electrical, plumbing, modern kitchens, and beautifully updated bathrooms. Bright, sun-filled interiors, updated finishes, and large floor plans continue to attract quality tenants. Currently 100% occupied, the property offers immediate cash flow at an attractive 6.00% cap rate and 10.77 GRM, making it an excellent opportunity for both owner-occupants and first-time or seasoned investors. Additional features include in-unit washer/dryers, separately metered PG&E paid by tenants, secure gated rear parking with an electronic security gate, and two Tuff Sheds configured into four private storage rooms—one for each unit. With strong in-place income, quality renovations, and an exceptional location, 74 Pearl Street represents outstanding value in today’s multifamily market.

Basic Details
Residential Income
For Sale
41142008
$1,200,000
1926
0.11 Acre
Active
Quadruplex
Features
: Natural Gas
: See Remarks
: Garage
: Wood
$0
Address Map
CA
Alameda
Oakland
OAKLAND
94611
Pearl St
74
W123° 44' 38.4''
N37° 49' 7.2''
Cross Street: Harrison St.
Additional Information
$0
$0
$0
$0
$0
: Stucco
4
2026-07-17
1200000
Broker/Agent Information
Kite Hill Real Estate
Jatin Mehta
Listing Information
BMLS-R02045713
BMLS-OBKH
Cash, Conventional, 1031 Exchange
Active
2026-07-24T08:32:12Z
CRMLS
2026-07-23T17:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us