1028 61st St, Oakland, California 94608, Oakland, 94608 - 2 bed, 1 bath
ACTIVE$1,180,000
1028 61st St, Oakland, California 94608
2Beds
1Bath
2,236Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($1,156,859.1) is $23,140.9 (1%) lower than the list price ($1,180,000). This property may be overpriced.
Key pros and cons
Top Pros:
Multi-Unit Income Potential: The property features two separate structures on one lot: a 2-bedroom, 1-bathroom bungalow and a two-story duplex with two 1-bedroom, 1-bathroom units, offering significant rental income opportunities or owner-occupancy with supplementary income.
Top Cons:
Unfinished Basement: The front bungalow includes an unfinished basement spanning the length of the home, which represents a significant renovation project and additional cost for buyers looking to maximize usable living space.
Compared to the nearby listings
Price:$1.18M vs avg $825.0K (+$355,000)90%
Size:2,236 sqft vs avg 1,320 sqft88%
Price/sqft:$528 vs avg $55939%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property has received significant cosmetic updates including new paint, refinished hardwood floors, and newer double-pane windows, making it move-in ready. However, the bathrooms, while clean and functional, appear to be basic refreshes rather than modern renovations. There are no images or specific details regarding the kitchens, suggesting they may be older. The unfinished basement and lack of information on major system updates (electrical, plumbing, HVAC) indicate that core infrastructure likely remains outdated, aligning with a property that is aged but maintained through regular upkeep and occasional updates, with major components showing signs of being outdated.
Year Built
1920
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$528
HOA
-
Days on market
-
Sold On
-
MLS number
41094566
Home ConditionFair
Features
Deck
View-
About this home
Come take a 2nd look. Welcome to 1028 61st Street located on a 6,000 square ft. lot. 2 Properties on 1 lot. The front property is a 2 Bedroom, 1 Bathroom Bungalow with beautiful refinished Hardwood floors, new paint both interior and exterior, newer double pane windows, inviting living room with loads of light and fireplace, Wood trim & paneling in the dining room, built-in cabinetry. The front bedroom has built in shelving. The back bedroom has lovely laminate wood floors and good lighting.The Unfinished basement is the length of the home. The rear structure is a two-story duplex, each unit is 1 bedroom, 1 bathroom. Hardwood floors, front porch, dual pane windows. Top unit has a recently updated bathroom, refinished hardwood floors, newer paint and light fixtures. Property is located close to Emeryville shopping, Highway 80, 580 and 24. Live in the house and rent out the duplex in the rear.
Nearby schools
6/10
Malcolm X Elementary School
Public,•K-5•0.7mi
1/10
Sankofa Academy
Public,•PK-5•0.9mi
8/10
Peralta Elementary School
Public,•K-5•1.2mi
6/10
Leconte Elementary School
Public,•K-5•1.3mi
2/10
Emerson Elementary School
Public,•K-5•1.5mi
2/10
Hoover Elementary School
Public,•K-5•1.5mi
7/10
Washington Elementary School
Public,•K-5•1.6mi
7/10
Emerson Elementary School
Public,•K-5•2.0mi
6/10
John Muir Elementary School
Public,•K-5•2.1mi
5/10
Oxford Elementary School
Public,•K-5•3.1mi
7/10
Cragmont Elementary School
Public,•K-5•3.5mi
4/10
Anna Yates Elementary School
Public,•K-8•0.6mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Willard Middle School
Public,•6-8•1.6mi
2/10
Westlake Middle School
Public,•6-8•2.4mi
3/10
West Oakland Middle School
Public,•6-8•2.5mi
5/10
Emery Secondary School
Public,•9-12•0.6mi
2/10
Oakland International High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.7mi
8/10
Berkeley High School
Public,•9-12•1.8mi
3/10
Mcclymonds High School
Public,•9-12•1.9mi
2/10
Fremont High
Public,•9-12•6.2mi
Condition Rating
Fair
Built in 1920, this property has received significant cosmetic updates including new paint, refinished hardwood floors, and newer double-pane windows, making it move-in ready. However, the bathrooms, while clean and functional, appear to be basic refreshes rather than modern renovations. There are no images or specific details regarding the kitchens, suggesting they may be older. The unfinished basement and lack of information on major system updates (electrical, plumbing, HVAC) indicate that core infrastructure likely remains outdated, aligning with a property that is aged but maintained through regular upkeep and occasional updates, with major components showing signs of being outdated.
Pros & Cons
Pros
Multi-Unit Income Potential: The property features two separate structures on one lot: a 2-bedroom, 1-bathroom bungalow and a two-story duplex with two 1-bedroom, 1-bathroom units, offering significant rental income opportunities or owner-occupancy with supplementary income.
Extensive Recent Updates: Both properties have undergone recent renovations, including refinished hardwood floors, new interior and exterior paint, newer double-pane windows, and an updated bathroom in the top duplex unit, reducing immediate buyer expenses.
Generous Lot Size: A substantial 6,000 square foot lot provides ample outdoor space, potential for gardening, or future expansion possibilities, subject to local zoning regulations.
Prime Location & Accessibility: Strategically located close to Emeryville shopping and major freeways (I-80, I-580, and Highway 24), offering convenient access to amenities, employment centers, and regional transportation.
Charming Period Details: The front bungalow retains desirable architectural features such as an inviting living room with a fireplace, wood trim and paneling in the dining room, and built-in cabinetry, adding character and appeal.
Cons
Unfinished Basement: The front bungalow includes an unfinished basement spanning the length of the home, which represents a significant renovation project and additional cost for buyers looking to maximize usable living space.
Age of Construction: Built in 1920, the properties, despite recent cosmetic updates, may have underlying infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades typical of older homes.
Varying Local School Ratings: While several schools are located nearby, some have lower ratings, which might be a consideration for buyers prioritizing highly-rated public education options.