558 58th St, Oakland, CA

$1,450,000

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3,916

Square feet

0.16

Acres

About 558 58th St

Massive, well-maintained 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, with an amazing vacant 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; you really have to see it to appreciate it. 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.

Features of 558 58th St

MLS® # 41116685
Price $1,450,000
Square Footage 3,916
Acres 0.16
Year Built 1940
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Active

Community Information

Address 558 58th St
Subdivision IDORA PARK
City Oakland
County Alameda
State CA
Zip Code 94609

Amenities

Utilities Water/Sewer See Remarks
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling None
Fireplace No

Exterior

Lot Description See Remarks
Construction Other

Additional Information

Date Listed November 4th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKevin Cunningham
OfficeRed Oak Realty

Listing Map

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