1024 50th Ave, Oakland, California 94601, Oakland, 94601 - 2 bed, 1 bath
ACTIVE$450,000
1024 50th Ave, Oakland, California 94601
2Beds
1Bath
747Sqft
5,500Lot
Price Vs. Estimate
The estimated value ($402,667.555) is $47,332.445 (10%) lower than the list price ($450,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The property sits on a huge 5500 sqft lot with a detached garage, offering significant potential for adding ADUs or additional units for income, maximizing its value.
Top Cons:
Fixer-Upper Status: Explicitly marketed as a 'fixer,' indicating that the property requires substantial renovation and financial investment to modernize or bring to current standards.
Compared to the nearby listings
Price:$450.0K vs avg $552.5K ($-102,500)29%
Size:747 sqft vs avg 1,126.5 sqft10%
Price/sqft:$602 vs avg $47881%
More Insights
Built in 1917 (108 years old).
Condition: This property, built in 1917, is explicitly marketed as a 'fixer' and requires substantial repairs and rehabilitation. The interior images reveal severely damaged and peeling flooring, an extremely outdated and incomplete kitchen with basic, old appliances and missing cabinet doors, and dirty, stained walls. A wall-mounted gas heater indicates an old heating system. While no bathroom images are provided, the overall condition suggests it would also be in poor shape. The exterior shows significant neglect with peeling paint and an unkempt yard. Major systems are likely original or severely outdated, requiring costly upgrades. The property is not move-in ready and would be uncomfortable to live in its current state, aligning with the 'poor' condition criteria.
Year Built
1917
Close
-
List price
$450K
Original List price
$499K
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
41116634
Home ConditionPoor
Features
View-
About this home
Are you looking for a fixer with endless possibilities. This 2 bedroom one bath craftsman style house sits on a huge lot with a detached one car garage A long cement driveway to park additional cars . Perfect for the car enthusiastic. Or simply add additional units for income or build and ADU for your extended family. Close to all major transportation including Fruitvale BART, Oakland Airport, 880 Freeway and restaurants. Located in a thriving diverse community. Make an offer!
Nearby schools
1/10
Roots International Academy
Public,•6-8•1.0mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.2mi
2/10
Fremont High
Public,•9-12•0.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.0mi
2/10
Oakland International High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
02/28/83
Sold
$18,200
Condition Rating
Poor
This property, built in 1917, is explicitly marketed as a 'fixer' and requires substantial repairs and rehabilitation. The interior images reveal severely damaged and peeling flooring, an extremely outdated and incomplete kitchen with basic, old appliances and missing cabinet doors, and dirty, stained walls. A wall-mounted gas heater indicates an old heating system. While no bathroom images are provided, the overall condition suggests it would also be in poor shape. The exterior shows significant neglect with peeling paint and an unkempt yard. Major systems are likely original or severely outdated, requiring costly upgrades. The property is not move-in ready and would be uncomfortable to live in its current state, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Development Potential: The property sits on a huge 5500 sqft lot with a detached garage, offering significant potential for adding ADUs or additional units for income, maximizing its value.
Excellent Transportation Access: Strategically located with close proximity to major transportation hubs including Fruitvale BART, Oakland Airport, and Freeway 880, ensuring convenient commuting.
Large Lot Size: A generous 5500 sqft lot provides ample outdoor space, privacy, and supports future expansion or landscaping projects.
Ample Off-Street Parking: Features a long cement driveway and a detached one-car garage, providing abundant off-street parking for multiple vehicles.
Desirable Architectural Style: The craftsman-style architecture offers classic charm and character, appealing to buyers who appreciate historic homes with restoration potential.
Cons
Fixer-Upper Status: Explicitly marketed as a 'fixer,' indicating that the property requires substantial renovation and financial investment to modernize or bring to current standards.
Compact Living Space: With only 747 sqft of living area, the 2-bedroom, 1-bath layout is relatively small, which may limit its appeal to buyers seeking more spacious accommodations.
Age and Potential System Obsolescence: Built in 1917, the property is over a century old, suggesting that major systems (plumbing, electrical, HVAC, roof) may be original or outdated and require costly upgrades.