881 Erie St

Property Overview
Vintage 1926 Oakland Fourplex Between Grand & Lakeshore — $362,500/Unit, Owner-Occupier Unit Delivered Vacant with Oakland Hills Views. Spanish-style stucco beauty in one of Oakland's most amenity-rich pockets. Trader Joe's, Peet's, Walgreens, and the Saturday Grand Lake Farmers Market sit just blocks away. Lake Merritt is nearby. Three occupied units throw off $87,672 in annual income while Unit 4 delivers vacant — pick it up at market or move in and take in the serene Oakland Hills views yourself. Four 2BR/1BA units (~910 SF each) with refinished hardwood floors, crown molding, updated kitchens, and stainless appliances. The operational story is just as strong: four private garages (one per unit), 2025 EV-charging sub-panel, separate gas and electric meters per unit, app-to-pay basement laundry, three storage rooms, Schlage keyless entries, Ring cameras, automatic garden watering, 2025 water heater, and 2020 Lennox furnaces. Vintage character, modern systems, real upside. $1,450,000.
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LAKESHORE
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