Perched above I-580 in Oakland’s Diamond District, 3540 Lincoln Avenue offers urban convenience with outdoor access. Tenants enjoy a walkable lifestyle with Safeway, CVS, and the Oakland Public Library a block away, while Diamond Park—just half a mile out—provides hiking trails, picnic areas, a pool, and a rec center. This 3,360 SF fourplex is priced at just $650,000—under $200 per square foot—making it a rare find. With current rents at $64,000 per year and a market potential of $92,000 per year, the upside is undeniable. The expansive 8,580 SF lot offers additional potential for an ADU buildout, adding even more value. Whether you’re seeking immediate cash flow or long-term appreciation, this property presents a prime investment opportunity in a high-demand rental market.
Sold for $675,000
$675,000
3540 Lincoln Ave, Oakland, CA 94602
4beds
4baths
3,360sqft
Quadruplex
Built in 1925
-- sqft lot
$647,400 Zestimate®
$201/sqft
$3,649 Estimated rent
Home value
$647,400
$583,000 - $719,000
$3,649/mo
Zestimate® history
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$4,338/mo
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Zillow last checked:
Listing updated:
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Heng Chieng, DRE #01194638
Intero Real Estate Services
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41088962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Fireplace(s), Floor Furnace, Natural Gas, Hot Water
Cooling
- Ceiling Fan(s)
Appliances
- Included: Washer
- Laundry: In Unit, Washer
Features
- Tub w/Shower Over
- Flooring: Carpet, Tile, Vinyl
- Basement: None
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot, Side Yard Access, Space Per Unit - 1
Features
- Exterior features: Side Yard, Garden
- Fencing: Partial Fence,Partial
Lot
- Size: 8,712 Square Feet
- Features: Sloped Up, Front Yard
Details
- Parcel number: 29993211
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete, Stucco, Frame, Wood Shingles, Wood
Condition
- Year built: 1925
Utilities & green energy
- Utilities for property: Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $194,923
- Date on market: 3/11/2025
- Listing terms: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Sold | $675,000+3.8%$201/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41088962 Report a problem | ||
| 3/31/2025 | Pending sale | $650,000$193/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41088962 Report a problem | ||
| 3/12/2025 | Listed for sale | $650,000$193/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41088962 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $194,923 +2% |
| 2024 | $6,323 -0.5% | $191,101 +2% |
| 2023 | $6,354 +8% | $187,354 +2% |
| 2022 | $5,882 +14.3% | $183,681 +2% |
| 2021 | $5,145 +1.4% | $180,080 +1% |
| 2020 | $5,074 +11% | $178,234 +2% |
| 2019 | $4,573 +9.8% | $174,741 +2% |
| 2018 | $4,165 | $171,315 +2% |
| 2017 | $4,165 +5.1% | $167,955 +2% |
| 2016 | $3,963 -3.1% | $164,662 +1.5% |
| 2015 | $4,089 | $162,190 +2% |
| 2014 | $4,089 | $159,013 +0.5% |
| 2013 | -- | $158,295 +2% |
| 2012 | -- | $155,192 +2% |
| 2011 | -- | $152,149 +0.8% |
| 2010 | -- | $151,012 -0.2% |
| 2009 | -- | $151,371 +2% |
| 2008 | -- | $148,403 +2% |
| 2007 | -- | $145,493 +2% |
| 2006 | -- | $142,641 +2% |
| 2005 | -- | $139,845 +2% |
| 2004 | -- | $137,104 +1.9% |
| 2003 | -- | $134,592 +2% |
| 2002 | -- | $131,953 +2% |
| 2001 | $2,574 | $129,366 |
Find assessor info on the county website
Neighborhood: 94602
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Nearby schools
GreatSchools rating
- 7/10Sequoia Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Bret Harte Middle SchoolGrades: 6-9Distance: 0.4 mi
- 6/10Skyline High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$647,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$647,400
- California
- Alameda County
- Oakland
- 94602
- 3540 Lincoln Ave
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