1024 50th Ave, Oakland, California 94601, Oakland, 94601 - 2 bed, 1 bath
ACTIVE$450,000$747/sqft
Est. Value: $402,668
-10%
AboveEstimate
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 lot, offering significant potential for adding additional units for income or building an ADU for extended family, maximizing its value.
Top Cons:
Fixer Condition: Described as a 'fixer,' the property requires significant renovation and investment, which may deter buyers seeking a move-in ready home.
Compared to the nearby listings
Price:$450.0K vs avg $552.5K ($-102,500)35%
Size:747 sqft vs avg 1,139 sqft12%
Price/sqft:$602 vs avg $44383%
More Insights
Built in 1917 (109 years old).
Condition: Built in 1917 and explicitly described as a 'fixer,' this property requires substantial repairs and rehabilitation. The images show extensive peeling paint on the exterior, overgrown landscaping, and a severely outdated and damaged interior. The kitchen features old, basic cabinets, an ancient range, and damaged countertops and flooring. Interior walls are dirty with peeling paint, and flooring is significantly deteriorated. Major systems and cosmetic elements throughout the property are in disrepair, making it uncomfortable to live in its current state and necessitating significant investment.
Year Built
1917
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
41119865
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!
C
Cristina Kaady
Listing Agent
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
Built in 1917 and explicitly described as a 'fixer,' this property requires substantial repairs and rehabilitation. The images show extensive peeling paint on the exterior, overgrown landscaping, and a severely outdated and damaged interior. The kitchen features old, basic cabinets, an ancient range, and damaged countertops and flooring. Interior walls are dirty with peeling paint, and flooring is significantly deteriorated. Major systems and cosmetic elements throughout the property are in disrepair, making it uncomfortable to live in its current state and necessitating significant investment.
Pros & Cons
Pros
Development Potential: The property sits on a huge lot, offering significant potential for adding additional units for income or building an ADU for extended family, maximizing its value.
Prime Location & Accessibility: Strategically located close to major transportation hubs including Fruitvale BART, Oakland Airport, and the 880 Freeway, providing excellent connectivity. It's also near local restaurants and in a thriving, diverse community.
Generous Lot Size: A substantial 5500 sqft lot provides ample outdoor space and supports the property's development potential, a rare find in urban settings.
Ample Parking & Detached Garage: Features a detached one-car garage and a long cement driveway capable of parking additional cars, ideal for car enthusiasts or households with multiple vehicles.
Architectural Charm: The craftsman-style house offers desirable architectural character, providing a charming foundation for renovation and restoration.
Cons
Fixer Condition: Described as a 'fixer,' the property requires significant renovation and investment, which may deter buyers seeking a move-in ready home.
Small Interior Footprint: With only 747 sqft, 2 bedrooms, and 1 bathroom, the living space is quite compact, potentially limiting its appeal to larger families or those desiring more spacious accommodations.
Age of Property: Built in 1917, the home is over a century old, suggesting potential for outdated systems (plumbing, electrical), structural issues, and higher maintenance costs associated with older properties.