
Oakland, California 94602
This Residential Income Duplex is a Strong Value Opportunity, listed at $1,239,000—positioned slightly above the $1,225,858 Fair Market Value. While the price reflects the market, the property offers significant upside with a projected $7,000 monthly gross income. Featuring a Condition Rating of 4, the home provides a stable foundation for value-add updates. Located in the desirable Glenview neighborhood near top-rated schools like Crocker Highlands Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset their mortgage through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Elsinore Ave Subject 0 bd · 0 ba · 2,127 sqft · $576 | $1,239,000* List Price | 0 | 0 | 2,127 | $576 | - |
A 4355 Everett Ave Sold 0 bd · 0 ba · 2,103 sqft · $618 · 0.3 mi | $1,300,000 | 0 | 0 | 2,103 | $618 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1919, the property is well-maintained but shows clear signs of age and dated renovations likely exceeding 20 years. Interior features include dated ceiling panels and surface-mounted electrical conduit, indicating older systems. While functional and move-in ready, the kitchen and bathrooms lack modern updates.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
With a projected gross rental income of $7,000 per month and one unit delivered vacant, this duplex offers excellent flexibility for investors or owner-occupants looking to significantly offset their mortgage.
Situated in a highly desirable pocket of Oakland near top-rated schools like Crocker Highlands Elementary, the property is positioned in a high-demand area that supports strong appreciation and low vacancy rates.
Originally built in 1919, the property may require more intensive maintenance or upgrades to legacy systems compared to newer constructions, which could impact long-term capital expenditure.
The upper unit is currently occupied, which may limit immediate renovation plans or the ability to select new tenants for the entire building, subject to local Oakland rent control and tenant protection laws.
Beautifully maintained duplex located in one of the most desirable pockets of the Glenview neighborhood. This versatile property offers an excellent opportunity for both investors and owner-occupants. The lower unit features 2 bedrooms and 1 bathroom. This unit will be delivered vacant with a projected rental income of approximately $3,000 a month or ready for an Owner/Occupant to move in. The upper unit offers 3 bedrooms and 2 bathrooms and is currently rented for $4,000, which can offset the mortgage for an Owner/Occupant. Both units are spacious and well-kept and include a parking space in the garage. There is a beautiful deck with pleasant views above the garage and a spacious tiered backyard ideal for relaxing, entertaining and/or BBQs. 1024 Elsinore Avenue is an amazing investment opportunity with a projected rental income gross of approximately $7000 a month. Whether you're looking for a strong income-producing investment or the opportunity to live in one unit while renting the other, this property offers flexibility, value, and an unbeatable Glenview location. Both units are spacious and well-kept. Each unit includes its own parking space in th garage. The lower unit also features a beautiful private deck with pleasant views. The property has been well maintained by the current owner and is in very good overall condition. Current rental income is approximately $4,000 per month, with a projected pro-forma income of about $7,000 per month when both units are rented at market rates. The vacant unit alone is estimated to rent for approximately $3,000 per month. Whether you're looking for a strong income-producing investment or the opportunity to live in one unit while renting the other, this property offers flexibility, value, and an unbeatable Glenview location. More photos coming soon.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,127 | 2,403.227 |
| Lot Size | 4,400 | 4,461.364 |
| Price | $1.24M | $900.8K |
| Price per sq ft | $583 | $343 |
| Built year | 1919 | 1919 |
| HOA | $0 | $0 |
| Days on market | 10 | 67 |
Oct 14, 2026
$1,239,000
Initial Listing
Jun 15, 2001
$605,000
Public Record