1033 Magnolia St, Oakland, California 94607, Oakland, 94607 - bed, bath

1033 Magnolia St, Oakland, California 94607 home-pic-0

1033 Magnolia St

Oakland, California 94607

ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,940Sq Ft
4,660Lot Size

Property Price

LIST PRICE$995,000
EST. MARKET VALUE
$995,000

SUMMARY

Estimated Market Value

$995,000
Based on Realkey algorithm analyzing recent comparable sales in Oakland.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1033 Magnolia St
Subject
$995,000*
List Price
3,940$253-
A
1746 8th Street
Active
$750,000
List Price
323,368$2230.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

This 1890 Victorian property exhibits a wide range of conditions across its multiple units. While the top-floor owner's suite is recently renovated with modern appliances, designer lighting, and updated finishes, other units show significant signs of age with dated oak cabinetry, linoleum flooring, and older appliances. Additionally, the rear cottage is currently an unfinished construction project, and the overall age of the structure suggests that while maintained, many major systems likely show signs of being outdated.

PROSSTRENGTHS & OPPORTUNITIES

  • High Income Potential

    The property features a unique multi-unit configuration with four units in the main Victorian house plus a detached rear cottage, offering significant rental yield or house-hacking opportunities.

  • Renovated Owner's Suite

    The top-floor 2-bedroom unit has been fully updated with designer fixtures, new appliances, and stylish finishes, providing a move-in-ready luxury space for an owner-occupant.

  • Historic Architectural Appeal

    Built in 1890, this grand Victorian retains its original craftsmanship and vintage character, appealing to buyers who value historic preservation and architectural detail.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4660, living area = 3940.

  • Ongoing Construction Requirements

    The rear cottage is currently unfinished, requiring the buyer to commit additional capital, time, and management to complete the renovation before it can be utilized.

  • Historic Maintenance Demands

    As a structure dating back to 1890, the property may require specialized and potentially costly ongoing maintenance for its aging systems and historic exterior elements.

About 1033 Magnolia St

Welcome to 1033 Magnolia Street, a remarkable West Oakland property featuring two homes on one expansive lot. The front residence, a grand Victorian built in 1890, beautifully showcases the craftsmanship and architectural detail of its era while offering the flexibility of four individual units. The main home includes two 1-bedroom units on the ground floor, one 1-bedroom flat on the middle level, and a 2-bedroom owner’s unit occupying the top floor. The owner’s unit has been recently renovated with designer light fixtures, new appliances, stylish countertops, plush carpeting, and a fully updated bathroom. Thoughtfully staged, this elegant space highlights the perfect balance of historic charm and modern comfort — ideal for an owner-occupant or as a showpiece rental. At the rear of the property sits a detached cottage, currently under renovation, offering potential as an additional income unit, private guest house, or creative studio space once complete. Located in the heart of West Oakland, this property combines vintage character with exceptional investment potential. Its close proximity to downtown Oakland, public transit, and the vibrant dining and arts scenes of Uptown and Jack London Square make it a truly special opportunity for both investors and owner-occupants alike.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1890
Lot Size
4,660 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-3.0
7%
Baths-2.0
7%
Square foot3,9401,494
93%
Lot Size4,6602,875
93%
Price$995.0K$620.0K
93%
Price per sq ft$253$447
13%
Built year18901902
20%
HOA$0$0
50%
Days on market141184
20%

Pricing History

Listed for Sale

Oct 17, 2025

$995,000

Initial Listing

Sold

Oct 26, 2018

$1,200,000

Public Record

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