558 58th St, Oakland, CA 94609

• 3,916 sqft

Property Description

Massive, well-maintained 7 bedroom, 5 bathroom building on a beautiful, tree-lined street in close proximity to the best of Oakland and Berkeley. Already generating $8,699.99 per month in income from the four occupied units (two 1/1, two 2/1), with an amazing vacant 1/1 unit ideal for an owner-occupant or for maximizing market rent.* This is not your typical rental with lots of updates to the tenant-occupied units, on-site parking for every unit, plus one bonus parking space, and on-site laundry. The vacant unit has well-preserved charm with a box-beam ceiling in the dining room, hardwood floors, as well as tons of double-pane windows flooding it with natural light. An extremely spacious kitchen also contributes to the feeling of abundant space and potential. Easy access to Rockridge, UC Berkeley, the 24, Bushrod Park, and so much more. Large unfinished basement provides an exciting opportunity to expand on the building's value with whatever creative ideas you bring to the table. Photos of tenant-occupied units available upon request. Please respect tenants' privacy and do not disturb them during the marketing period. Happy to arrange access once we are in contract. At $290k per unit, this extraordinary value is waiting for the next phase in its journey. *Buyer to investigate.

Listing Status:

Active

Date Added:

November 4, 2025 at 06:00AM

Listing Office:

Red Oak Realty : 510-527-9111

Listing Agent:

Kevin Cunningham : 510-813-8601

MLS ID:

41116685

Interior

• Basement: Unfinished
• Flooring: Other
• A/C: None
• Heating: Other

Exterior

• Parking: Parking Lot

Construction

• General: Other

Location

• County: Alameda

Lot

• Zoning: 15137316

Utilities

• Utilities: Water/Sewer See Remarks

This listing courtesy of Kevin Cunningham, Red Oak Realty