502 Lewis St

Baths
1,750 Sq. Ft.
$454 / Sq. Ft.
1,750
Sq. Ft.
$454
per Sq. Ft.

Description

Rare opportunity to own 502 Lewis Street, a versatile property featuring a duplex and an unattached small cottage, offering exceptional income potential and lifestyle flexibility. 502, 508, and 516 Lewis St are perfectly situated on a corner lot, with each home having separate utility meters. Ideal for owners seeking to live in one unit while generating rental income from the other two units, or investors looking to capitalize on three streams of income in one of Oakland’s most sought after rental...Rare opportunity to own 502 Lewis Street, a versatile property featuring a duplex and an unattached small cottage, offering exceptional income potential and lifestyle flexibility. 502, 508, and 516 Lewis St are perfectly situated on a corner lot, with each home having separate utility meters. Ideal for owners seeking to live in one unit while generating rental income from the other two units, or investors looking to capitalize on three streams of income in one of Oakland’s most sought after rental markets. All 3 homes offer contemporary finishes throughout, designed to attract quality tenants and enhance long term value. The modern stylish kitchens feature granite countertops, rich wood cabinetry, stainless steel gas ranges, and dishwashers and refrigerators, all complemented by tile and laminate wood flooring. The detached cottage offers an elevated sense of privacy, overlooking a beautiful yard, surrounded by mature floral landscaping for a serene retreat. Near BART, freeways, buses, Downtown and Bay Bridge. Must see today!
  1. Listed by Virgil Luckett • DRE #01905134 • BHG Reliance Partners

Property Details for 502 Lewis Street

City
OAKLAND
Dist Neighborhood Subdiv
WEST OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage/Parking
Spaces per Unit - 1, Off-Street Parking, Parking Area
View
Other
Park Spaces Total
2
Total # Parking Spaces
2
LISTING UPDATED: 06/01/2026 12:46 AM

Property Details for 502 Lewis Street

StatusActive
MLS #41133595
Days on Compass31
Taxes$12,996 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / TRIPLEX
Year Built1901
Lot Size0.09 AC / 3,750 SF
CountyAlameda County

Location

Listing Courtesy of BHG Reliance Partners, Virgil Luckett, DRE #01905134
Add your commute

Building Information for 502 Lewis Street

Stories-Residences3Year Built1901Building Size-Lot Size0.09 AC / 3,750 SF

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$5,045 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,962

Property Taxes

$1,083

HOA Dues

$0

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Property Information for 502 Lewis Street

Features
Feature Details
  • Flooring: Laminate, Carpet
  • Laundry: Common Room, Common Area, Dryer, Inside Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups, Inside Area, Inside Room, Washer/Dryer Stacked Incl
Utility Details
  • Cooling: Heat Pump, Other
  • Heating: Heat Pump
  • Solar: None
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: Yes
  • Exterior: Composition Shingles, Other
  • Lot Description: Corner Lot, Level, RectangularLot, Other, Back Yard, Front Yard, Garden, Landscaped, Paved, Private
  • Lot Sq Ft Apx: 3750
  • Lot Size Square Feet: 3750.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 1645
  • Yard Description: Fenced, Front Yard, Garden/Play, Patio, Patio Enclosed, Shed(s), Back Porch, Front Porch, Landscape Back, Landscape Front, Porch, Porch Steps, Private, Wood Fencing, Yard Space
  • Year Built: 1901
  • Zoning: SFR 2+
  • Acres: 0.09
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: 7th St or 5th St to Lewis.
  • FIPS Code: 06001
  • Parcel Number: 4-99-26
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • All Units Have: Other, Patio
  • Other Units: Detached Cottage(s)
  • Some Units Have: Dishwasher, Other, Patio, Updated Kitchen
  • Units Total: 3
  • Basement: None
  • Miscellaneous Features: Balcony/Patio, Extra Storage, Storage Area(s)
  • Parking Description: Off Street Parking, Parking Area, Space Per Unit - 1, Restrictions, Street Parking
  • Separate Meters: Electric, Gas, Other, Water
  • Existing Lease Terms: Written Agreement
  • Tenant Pays: Cable TV, Electric, Gardener, Gas, Other, Parking, Trash, Water
  • Total Deposits: $7,900
  • Financial Data Source: Other, Owner, Rental Agreement
Income / Expense Details
  • Annual Expense Year: 2025
  • Annual Taxes $: $12,996
  • Annual Gross Fee Income: $600
  • Annual Gross Sched Income: $67,800
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $67,800
  • Gross Oper Income (Act): $66,517
  • Net Operating Income: $48,560
  • Annual Insurance Expense: $1,500
  • Annual License Expense: $0
  • Annual Maintance Expense: $1,000
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $6,186
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $1,883
  • Operating Expenses: Insurance, Maintenance/Repair, Other, Property Tax/Assessments, Vacancy Factor
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 502 Lewis
  • Occupied By 1: Tenant
  • Dining Room 1: No
  • Air Cond 1: Yes
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Parking Spaces 1: 0
  • Apx Sq Ft 1: 550
  • Rent 1: 1,800
Unit 2 Details
  • Unit #/Address - 2: 508 Lewis
  • Occupied By 2: Tenant
  • Dining Room 2: No
  • Air Cond 2: Yes
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 500
  • Rent 2: 1,700
Unit 3 Details
  • Unit #/Address - 3: 516 Lewis
  • Occupied By 3: Owner
  • Dining Room 3: No
  • Air Cond 3: Yes
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 700
  • Rent 3: Owner Occ
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Extra Storage, Storage Area(s)
  • Managers Unit: Yes
  • Total Deposits: 7900
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 502 Lewis Street

DateEvent & SourcePriceAppreciation
May 5, 2026

Listed (Active)

CRMLS #41133595

$795,000
May 5, 2026

Listed (Active)

MLSListings #BE41133595

$795,000
May 5, 2026

Listed (Active)

EBRD #41133595

$795,000
DateEvent & SourcePrice
05/05/2026

Listed (Active)

CRMLS #41133595

$795,000
05/05/2026

Listed (Active)

MLSListings #BE41133595

$795,000
05/05/2026

Listed (Active)

EBRD #41133595

$795,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Lewis Street

Taxable ValueLand$240,948Additions$562,212Total$803,160
Tax Record2025$13,575 ($1,131 / month)
Home Facts
Beds4Total Finished SqFt1,645 SqFtAbove Grade Finished SqFt1,645 SqFtStories1Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1901CountyALAMEDAAPN4-99-26

Schools near 502 Lewis Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Prescott Elementary
PublicK to 5

West Oakland Middle School
Public6 to 8

McClymonds High School
Public9 to 12

Ralph J. Bunche High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

502 Lewis Street is a multi-family home for sale in Oakland, CA 94607. This property was listed for sale on May 5, 2026 by BHG Reliance Partners, it's currently listed at $795,000. It has been on the market for a total of 31 days and was last sold on March 29, 2019. This listing's school district is Oakland Unified School District. Nearby schools include Prescott Elementary, West Oakland Middle School and McClymonds High School. 502 Lewis Street is a 4-bed, 0-bath, 1,750 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHG Reliance Partners, Virgil Luckett, DRE #01905134

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.