1128 Chester Street Oakland CA 94607 MLS #326028694

There are multiple listings for this address:
MLS #326028694 image #0
Nestled on a serene, tree-lined street in the historic Prescott neighborhood, 1128 Chester Street presents a rare opportunity to own a piece of West Oakland’s vibrant future. This versatile property is currently a well-maintained duplex featuring solid, long-term tenants paying market-rate rents, offering immediate stability for any investor. However, the true value lies in its remarkable growth potential: zoned RM-2 for up to four units, the property boasts significant open space behind the existing structure, providing a clear canvas for expansion or the addition of ADUs. The location is a commuter’s dream and a lifestyle destination. Just a 10-minute walk to West Oakland BART, you are a mere one-stop ride from both downtown Oakland and San Francisco’s Embarcadero. The neighborhood’s high walkability and Biker’s Paradise status make it easy to enjoy the lush, garden-lined walkways of Mandela Parkway or a morning visit to the Mandela Grocery Cooperative and Kilovolt Coffee. Families will appreciate the proximity to local educational options, including Prescott Elementary just a few blocks away, providing a convenient foundation for neighborhood schooling. The local culture is thriving with a mix of historic character and modern energy. The community maintains a grounded sense of purpose, while a wave of new development brings fresh vitality to every corner. Residents are just blocks from the innovative Prescott Market Hall, the West Oakland Farmers Market, and the lively Prescott Night Market. For craft beverage enthusiasts, the property is ideally situated near the famous Ghost Town Brewing and the popular Brix Factory Brewing. Whether it’s an afternoon at the South Prescott Dog Park or dinner at one of the many new restaurants nearby, the area offers an authentic, high-energy urban experience. With the major Mandela Station project set to further transform the transit corridor in 2026, 1128 Chester Street is perfectly positioned to benefit from the area’s continued appreciation. This is more than just a duplex; it is a high-yield investment with massive development upside in one of the Bay Area’s most dynamic and culturally rich communities. Experience the best of West Oakland living with the space to grow your vision. Financing Opportunity: The property features an assumable FHA loan at 2.875. To qualify for the assumption, the new buyer must owner-occupy one of the units. This provides a significant advantage over current financing costs.
Current real estate data for Multi Family in Oakland as of Jun 16, 2026
3
Multi Family Listed
39
Avg DOM
432
Avg $ / SqFt
$1,133,333
Avg List Price
Listing Provided Courtesy of Stefan Schermerhorn at Holmes Burrell Real Estate

Property Details

Price:
$1,100,000
MLS #:
326028694
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Neighborhood:
oaklandzip94607
Finished Sq Ft:
2,440
Lot Size:
3,500 sqft / 0.08 acres (approx)
Units:
2
Oakland Zip 94607Oaklandzip94607

Schools

Interior

Cooling
None
Heating
Central
Laundry Features
In Unit
Levels
Two

Exterior

Lot Features
None
Parking Features
Off Street, Side-by-Side, Uncovered
Parking Spots
2
Parking Total
2
Roof
Composition, Shingle

Financial

Map

Contact Us

Send
  

Mortgage Calculator

 

Community

Property Summary

    1128 Chester Street Oakland CA is a Multi Family for sale in Oakland, CA, 94607. It is listed for $1,100,000 To schedule a showing of MLS#326028694 at 1128 Chester Street in Oakland, CA, contact your Compass agent at 707-955-5774.

Similar Listings Nearby

Since being licensed in 2003, I have represented hundreds of home buyers and sellers. My passion for real estate and commitment to my clients inspired me to elevate my license status to Broker, the highest licensing credential in real estate. This allows me to represent my clients with a broader skill set and a deeper understanding of the industry.I work hard to ensure my clients’ success, with a focus on engaging in a direct and personalized way. My approach to real estate is modern and strai…

More About Patrick
1128 Chester Street
Oakland, CA
MLS #326029150 image #0
Nestled on a serene, tree-lined street in the historic Prescott neighborhood, 1128 Chester Street presents a rare opportunity to own a piece of West Oakland’s vibrant future. This versatile property is currently a well-maintained duplex featuring solid, long-term tenants paying market-rate rents, offering immediate stability for any investor. However, the true value lies in its remarkable growth potential: zoned RM-2 for up to four units, the property boasts significant open space behind the existing structure, providing a clear canvas for expansion or the addition of ADUs. The location is a commuter’s dream and a lifestyle destination. Just a 10-minute walk to West Oakland BART, you are a mere one-stop ride from both downtown Oakland and San Francisco’s Embarcadero. The neighborhood’s high walkability and Biker’s Paradise status make it easy to enjoy the lush, garden-lined walkways of Mandela Parkway or a morning visit to the Mandela Grocery Cooperative and Kilovolt Coffee. Families will appreciate the proximity to local educational options, including Prescott Elementary just a few blocks away, providing a convenient foundation for neighborhood schooling. The local culture is thriving with a mix of historic character and modern energy. The community maintains a grounded sense of purpose, while a wave of new development brings fresh vitality to every corner. Residents are just blocks from the innovative Prescott Market Hall, the West Oakland Farmers Market, and the lively Prescott Night Market. For craft beverage enthusiasts, the property is ideally situated near the famous Ghost Town Brewing and the popular Brix Factory Brewing. Whether it’s an afternoon at the South Prescott Dog Park or dinner at one of the many new restaurants nearby, the area offers an authentic, high-energy urban experience. With the major Mandela Station project set to further transform the transit corridor in 2026, 1128 Chester Street is perfectly positioned to benefit from the area’s continued appreciation. This is more than just a duplex; it is a high-yield investment with massive development upside in one of the Bay Area’s most dynamic and culturally rich communities. Experience the best of West Oakland living with the space to grow your vision. Financing Opportunity: The property features an assumable FHA loan at 2.875. To qualify for the assumption, the new buyer must owner-occupy one of the units. This provides a significant advantage over current financing costs.
Current real estate data for Single Family in Oakland as of Jun 16, 2026
3
Single Family Listed
39
Avg DOM
432
Avg $ / SqFt
$1,133,333
Avg List Price
Listing Provided Courtesy of Stefan Schermerhorn at Holmes Burrell Real Estate

Property Details

Price:
$1,100,000
MLS #:
326029150
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Duplex
Neighborhood:
oaklandzip94607
Finished Sq Ft:
2,440
Lot Size:
3,500 sqft / 0.08 acres (approx)
Oakland Zip 94607Oaklandzip94607

Schools

Interior

Cooling
None
Heating
Central
Laundry Features
In Unit
Levels
Two

Exterior

Lot Features
None
Parking Features
Off Street, Side-by-Side, Uncovered
Parking Spots
2
Parking Total
2
Roof
Composition, Shingle

Financial

Map

Contact Us

Send
  

Mortgage Calculator

 

Community

Property Summary

    1128 Chester Street Oakland CA is a Single Family for sale in Oakland, CA, 94607. It is listed for $1,100,000 and features 6 beds, 4 baths, and has approximately 2,440 square feet of living space.The current price per square foot is $451. The average price per square foot for Single Family listings in Oakland is $432. The average listing price for Single Family in Oakland is $1,133,333. To schedule a showing of MLS#326029150 at 1128 Chester Street in Oakland, CA, contact your Compass agent at 707-955-5774.

Similar Listings Nearby

Since being licensed in 2003, I have represented hundreds of home buyers and sellers. My passion for real estate and commitment to my clients inspired me to elevate my license status to Broker, the highest licensing credential in real estate. This allows me to represent my clients with a broader skill set and a deeper understanding of the industry.I work hard to ensure my clients’ success, with a focus on engaging in a direct and personalized way. My approach to real estate is modern and strai…

More About Patrick