---
listing_id: ML81952701
status: Closed
price: 1450000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2622
sqft_lot: 4601
lot_acres: 
year_built: 1915
property_type: Residential Income
property_subtype: 
address: "498 Stow Ave"
city: Oakland
state: CA
zip: 94606
county: "Alameda County"
lat: 37.803618
lng: -122.249313
days_on_market: 793
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Robert Gosalvez"
list_office: "Compass"
list_agent_phone: "(408) 313-8870"
list_agent_license: 01272788
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | Alameda County | Oakland | 94606 | 498 Stow Ave

498 Stow Ave, Oakland, CA 94606

MLS: ML81952701 | Status: Sold | Price: $1,450,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,622 4,601 1915

Remarks

Boasting an annual income of over $110,000 and a cap rate of more than 5% on the current rent, this investment opportunity is unparalleled. Owner occupancy financing is also available with as little as 5% down. This distinguished 1915 Edwardian-style triplex, featuring a captivating bonus unit, combines classic elegance and modern appeal. Situated just two blocks from the serene Lake Merritt, this property presents an enticing investment prospect in the coveted lower Haddon Hill neighborhood. Residents enjoy the tranquility of lakeside living while being close to the vibrant Lakeshore/Grand district, making it a prime choice for investors seeking lucrative returns. It seamlessly blends historic charm with the allure of Lake Merritt living and the vibrant Lakeshore/Grand district. Each unit promises substantial rental income and capital appreciation, making it a compelling proposition for astute investors.

MLS Listing Information

Field Value
MLS # ML81952701
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Appliances Dishwasher, Oven Range, Refrigerator, Washer/Dryer - Some Units
Flooring Hardwood
Cooling Ceiling Fan
Heating Electric, Fireplace, Space Heater

Exterior Features

Feature Details
Roof Composition, Rolled/Hot Mop
Foundation Concrete Perimeter and Slab
Style Edwardian

Parking, School, and Other Information

Feature Details
Garage/Parking Electric Car Hookup, Parking Area, Garage: 0 Car(s)
Elementary District Oakland Unified
High School District Oakland Unified
E.V. Hookup Electric Vehicle Hookup Level 2 (240 volts)
Water Public
Zoning RU-1/S-12

Contact Information

Listing Agent Co-Listing Agent
Robert Gosalvez Rouzbeh Mokhtari
Compass Compass
License #: 01272788 License #: 02095775
Phone: (408) 313-8870 Phone: (669) 300-7992

Property Units

# Buildings # Leased Units # Total Units
1 4 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 1,016 2 1/0 $3,650
2 556 1 1/0 $1,800
3 502 1 1/0 $2,050
4 548 1 0/1 $1,850

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Cleveland Elementary School public K-5 0.29 mi 5
Dewey Academy public 9-12 0.67 mi 3
Oakland High School public 9-12 0.68 mi 4
Neighborhood Centers Adult Education public UG 0.68 mi N/A
La Escuelita Elementary School public K-5 0.69 mi 2
Bella Vista Elementary School public K-5 0.70 mi 3
Franklin Elementary School public K-5 0.73 mi 7
Metwest High School public 9-12 0.74 mi N/A
Gateway To College at Laney College School public 9-12 0.90 mi 7
Westlake Middle School public 6-8 0.99 mi 2
Lincoln Elementary School public K-5 1.02 mi 9
Edna Brewer Middle School public 6-8 1.09 mi 7
Roosevelt Middle School public 6-8 1.15 mi 3
Crocker Highlands Elementary School public K-5 1.29 mi 8
Street Academy (Alternative) public 9-12 1.31 mi 2
Beach Elementary School public K-5 1.34 mi 7
Wildwood Elementary School public K-5 1.35 mi 8
Garfield Elementary School public K-5 1.41 mi 3
Piedmont Middle School public 6-8 1.53 mi 8
Millennium High Alternative School public 9-12 1.58 mi 7

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Robert Gosalvez, (408) 313-8870.