4045 Manila Ave, Oakland, CA 94609
Fourplex
Sold May 2026
Listing Agent: Jatin Mehta (DRE #02045713) · Listing Office: Kite Hill Real Estate · Contact: 855-450-0442 · Bought with: Jatin Mehta · Kite Hill Real Estate · MLS #41124746 · Source: CRMLS
How this sale compares
4045 Manila Ave sold for $1,200,000 in May 2026, 16% under its $1,425,000 list price, after 88 days on the market. It was first listed at $1,475,000. Across 68 closed sales in 94609 over the last 12 months, the median sold price is $1,055,000 and the median is $796 per square foot.
| Quarter | Closed sales in 94609 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $780,000 |
| Q2 2026 | 44 | $1,080,000 |
| Q3 2026 | 21 | $1,030,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Oakland · Homes for sale in 94609
Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 4045 Manila Ave is one of those rare multi-family properties that works equally well as a primary residence and an investment. A vacant, fully renovated unit is move-in ready for an owner-occupant, while three tenanted units generate over $6,300 per month — effectively letting the building pay for itself while you live on-site. The vacant unit has been completely updated with high-end finishes and new appliances throughout, and is flooded with natural light that gives the space a warmth and livability that's genuinely hard to find in a multi-unit building. From the moment you arrive, the property makes an impression — beautifully landscaped with striking palm trees and manicured artificial grass, the curb appeal here is exceptional and sets it apart from anything else on the block. The fundamentals are equally strong for a pure investor. All four units are 1-bedroom / 1-bath layouts — an ideal mix for consistent tenant demand — with fully occupied income reaching $9,000 per month and meaningful upside as rents grow to market at turnover. Utilities are separately metered, keeping operating costs low and NOI healthy with minimal management complexity.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 4045 Manila Ave
359 41st St: Sold $1,200,000 · May 2026 · 0.0 mi
Kite Hill Real Estate | DRE #02045713
Buyer's agent: Jatin Mehta, Kite Hill Real Estate | DRE #02045713367 41st St: Sold $1,200,000 · May 2026 · 0.0 mi
Kite Hill Real Estate | DRE #02045713
Buyer's agent: Jatin Mehta, Kite Hill Real Estate | DRE #020457134172 Opal Street: Sold $1,160,000 · 2 bd · 2 ba · 1,332 sqft · May 2026 · 0.1 mi
Vanguard Properties | DRE #01265201
Buyer's agent: Lorri Arazi, Vanguard Properties | DRE #01164771414 40th St 311: Sold $660,000 · 2 bd · 2 ba · 1,011 sqft · Jul 2026 · 0.1 mi
STEFANIE PARROTT, BROKER | DRE #01224745
Buyer's agent: Raelene Sprague, Notable Real Estate | DRE #005773604120 Webster: Sold $740,000 · 2 bd · 1 ba · 696 sqft · Jul 2026 · 0.2 mi
Compass | DRE #01965819
Buyer's agent: Remy Weinstein, KW Advisors East Bay | DRE #018159264187 Emerald Street: Sold $1,700,000 · 3 bd · 2 ba · 1,650 sqft · Aug 2026 · 0.2 mi
Red Oak Realty | DRE #02002965
Buyer's agent: Christine Cheng, Compass | DRE #017079094025 Webster St: Sold $1,225,000 · 3 bd · 2 ba · 1,029 sqft · Jun 2026 · 0.2 mi
Vanguard Properties | DRE #01433093
Buyer's agent: Eleanor Ridge, District Homes | DRE #02217753408 38th St: Sold $1,003,800 · Jun 2026 · 0.2 mi
Kite Hill Real Estate | DRE #02045713
Buyer's agent: Libu Philip, Community Realty & Investment | DRE #02169250
Closed sales reported in 94609, nearest first, last 12 months. All recent sales in Oakland →