1248 E 15th St, Oakland, CA 94606
OFF MARKET

1248 E 15th St
Oakland, CA 94606

Clinton
  • 6 Beds
  • 4 Baths
  • 3,192 sqft

$780,300

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $4,748/mo*
Refinance Your Home

$780,300

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $4,748/mo*
Refinance Your Home
6 Beds
4 Baths
3,192 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to an exceptional investment opportunity at 1240-1248 E 15th St, a wellmaintained 4-unit building located near the highly desirable Lake Merritt area ofEast Oakland. With a rare combination of strong cash flow and fantastic upsidepotential this property is a true gem in today's market.Boasting a solid cap rate and occupied by vetted tenants, this asset deliversimmediate stability and consistent rental income. The property is thoughtfullydesigned with an open lot offering valuable off-street parkinga coveted featurethat ensures tenant satisfaction and convenience. Recently landscaped toperfection, the property presents an inviting and well-kept exterior that sets thetone for the entire building.Given the strong demand in the area and the potential for market rent growth, theproperty offers significant upside. Currently fully leased, any future vacancy wouldpresent an opportunity to increase rental income by adjusting rents to prevailingmarket rates, thereby enhancing the overall return on investment.Located just minutes from the iconic Lake Merritt, residents enjoy easy access tovibrant city amenities, parks, and convenient transit options. This is an area withstrong demand for quality housing, and the opportunity for rent growth issubstantial. Whether you're looking for a turn-key investment or a property withexcellent potential to add value, 1240-1248 E 15th St checks all the boxes.Don't miss out on this rare opportunity to acquire a high-performing property in aprime location with future upside and a track record of strong tenancy. This is amust-see for savvy investors looking to grow their portfolio and capitalize on EastOakland's potential.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 02, 2025

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1248 E 15th St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3192 Square Feet
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Parking & Garage
Parking Spaces: 4

Property Information

Year Built
Year Built: 1944
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $825,000
Status Change & Dates
Off Market Date: Fri Apr 18 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Oakland

Building

Building Area
Building Area: 3192 Square Feet

Lot Information

Lot Area: 5998.212 sqft

Miscellaneous

Mls Number: 24-473677
Last check for updates: about 9 hours ago
Listed by Daniel Withers DRE # 01325901, (818) 923-6107
Matthews Real Estate Investment Services, (866) 889-0550
Bought with: Subscriber Non DRE # 13252, Non-Participant Office, 111-1111 x11
Source: CLAW, MLS#24-473677

Price History for 1248 E 15th St

DatePriceEventSource
04/28/2025$825,000Sold
CLAW #24-473677
12/19/2024$825,000Listed For SaleCLAW #24-473677
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Property Tax and Assessment

Year2025
Tax
Assessment$588,003
Home facts updated by county records

Comparable Sales for 1248 E 15th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1748 E 15th St, Oakland, CA
0.33
Multi-Family Home
$790,000
02/05/26
11
7
3,544
1854 International Blvd, Oakland, CA
0.40
Multi-Family Home
$1,122,000
11/21/25
4
5
3,207
621 E 21st St, Oakland, CA
0.58
Multi-Family Home
$860,000
01/02/26
3
4
2,927
2020 17th Ave, Oakland, CA
0.43
Multi-Family Home
$800,000
07/17/25
6
3
2,000
1924 7th Ave, Oakland, CA
0.46
Multi-Family Home
$1,450,000
11/12/25
5
4
3,590
219 Foothill Blvd, Oakland, CA
0.70
Multi-Family Home
$1,050,000
06/26/25
4
4
3,114
2232 11th Ave, Oakland, CA
0.53
Multi-Family Home
$680,000
12/17/25
5
2
2,189
145 E 15th St, Oakland, CA
0.74
Multi-Family Home
$1,015,000
08/15/25
7
3
3,403

Nearby homes

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Assigned Schools

These are the assigned schools for 1248 E 15th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Clinton
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Clinton

At least 1 Trulia users voted on each feature.

  • 100 % Say neighbors are friendly

  • 100 % Say there are community events

  • 100 % Say it's quiet

  • 50 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Gwczmh8pbk
    "There’s not much community events here just the San Antonio park events that be happening around but we verly go as well to those. "
    0
    Flag
  • Brandon Young
    "There is a coffee shop, Thai restaurant and convenient store close to each other. This is a really residential neighborhood, so having these things in walking distance is pretty nice."
    0
    Flag
  • Trulia User
    "It is a good neighborhood better than deep east Oakland very quiet most of the time. Thank you for the information it’s been provided. The bus lines are also well and the neighborhood is just good wish the rent was a bit lower but it’s ok right now. "
    1
    Flag
  • Stephen
    "I've lived in the neighborhood for 2 years and absolutely love it. It's in a fantastic location that is walking distance to Lake Merritt and a short bike ride to downtown. Philomena, Xochi the Dog Cafe, Portal, and Lucky's are all right here. The neighborhood has beautiful old homes and is in an obvious transition phase. Tons of houses are getting updated and a real community pride is blossoming."
    5
    Flag
  • Trulia User
    "It’s dangerous. Loud cars. Alarms. Trash on the streets. Homeless people. Cars get broken into a lot. "
    1
    Flag
  • Trulia User
    "There is very limited parking, especially on street sweeping days. Many cars speed down this street and have music loud enough to shake the walls. Would not reccomend this area. "
    0
    Flag
  • John B.
    "There is bart station about a 20 minute walk from where I am and there a plenty of bus stops. I can't speak for traffic because I don't drive to work."
    0
    Flag
  • Daniel B. .
    "It's a fine place for dogs, not really any better or worse than most other places. My only concern would be that the neighborhood is not always safe, especially in the evenings. During the day you don't really need to worry, but it's not unusual to hear gunshots late at night. So take your dog out in the day, avoid late night walks."
    6
    Flag
  • Brit F.
    "I’ve only lived here for a year. Neighbor can be a bit loud as houses are close together. People do donuts in the middle of the street. Don’t park on corners."
    20
    Flag
  • Katherine M. S.
    "some streets are nice and some need to be avoided at night. some streets and sidewalks are filled with trash. "
    0
    Flag
  • Acmulligan15
    "Children should be accompanied by their parents. Neighborhood sees locals walking around for the liquor stores and business on international st"
    1
    Flag
  • Elisabet C. .
    "peaceful neighborhood close to lake Merritt. It’s beautiful we have grocery stores near the area parks and it’s a quiet neighborhood. "
    7
    Flag
  • Cherisehbutler
    "Diversity and culture. It’s a fairly age area with access to public transportation. There are children in the area who enjoy playing with each other."
    7
    Flag

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Homes for sale near 1248 E 15th St

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Off Market Homes Near 1248 E 15th St

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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-22 01:08:44 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Homes for rent near 1248 E 15th St

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1248 E 15th St, Oakland, CA 94606 is a 6 bedroom, 4 bathroom, 3,192 sqft multi-family built in 1944. 1248 E 15th St is located in Clinton, Oakland. This property is not currently available for sale. 1248 E 15th St was last sold on Apr 28, 2025 for $825,000 (0% higher than the asking price of $825,000). The current Trulia Estimate for 1248 E 15th St is $780,300.