1069 16th St, Oakland, California 94607, Oakland, 94607 - 3 bed, 5 bath
ACTIVE$885,000
1069 16th St, Oakland, California 94607
3Beds
5Baths
4,615Sqft
5,840Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Square Footage & Value: Spanning an impressive 4,615 square feet at an unbeatable price—under $200 per square foot—this property offers unparalleled space and value in the Bay Area market.
Top Cons:
Property Age: Built in 1982, the property is over 40 years old, which may imply older systems or components that could require future maintenance or upgrades not explicitly mentioned as recent.
Compared to the nearby listings
Price:$885.0K vs avg $675.0K (+$210,000)90%
Size:4,615 sqft vs avg 1,551 sqft97%
Price/sqft:$192 vs avg $38710%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this property is 42 years old and shows significant signs of age and wear. The kitchen features very dated wooden cabinets, older countertops, and an outdated fluorescent light fixture, requiring a full renovation. The bathrooms are also severely outdated with 80s/90s style vanities, countertops, fixtures (including grey and black tubs/toilets), and Hollywood strip lighting. Carpets throughout the home are heavily worn, stained, and in poor condition, necessitating immediate replacement. While a tankless water heater is a positive update, the overall interior condition, particularly the kitchen, bathrooms, and flooring, indicates a need for substantial repairs and rehabilitation to meet current quality standards and comfort. The listing description itself hints at it being a 'canvas for visionary buyers,' reinforcing the need for extensive work.
Year Built
1982
Close
-
List price
$885K
Original List price
$895K
Price/Sqft
$192
HOA
-
Days on market
-
Sold On
-
MLS number
41108358
Home ConditionPoor
Features
Good View:
View-
About this home
An incredible opportunity awaits in vibrant West Oakland! Spanning an impressive 4,615 square feet, this extra-large residence offers unparalleled space and flexibility at an unbeatable price — under $200 per square foot! Featuring 2 ensuite bedrooms with private bathrooms, 2 additional oversized bedrooms, and a total of 4.5 bathrooms, with a tankless water heater, this home is built for comfort, privacy, and scale. Whether you're envisioning a spacious family compound or looking for a high-yield short-term rental investment, this property checks every box. The heart of the home is a massive entertainment area, perfect for hosting gatherings, multi-generational living, or dividing into creative rental spaces. With its size and layout, the possibilities here are endless. Don’t miss this rare West Oakland gem — a true canvas for visionary buyers seeking size, value, and versatility in one of the Bay Area’s most dynamic neighborhoods.
Condition Rating
Poor
Built in 1982, this property is 42 years old and shows significant signs of age and wear. The kitchen features very dated wooden cabinets, older countertops, and an outdated fluorescent light fixture, requiring a full renovation. The bathrooms are also severely outdated with 80s/90s style vanities, countertops, fixtures (including grey and black tubs/toilets), and Hollywood strip lighting. Carpets throughout the home are heavily worn, stained, and in poor condition, necessitating immediate replacement. While a tankless water heater is a positive update, the overall interior condition, particularly the kitchen, bathrooms, and flooring, indicates a need for substantial repairs and rehabilitation to meet current quality standards and comfort. The listing description itself hints at it being a 'canvas for visionary buyers,' reinforcing the need for extensive work.
Pros & Cons
Pros
Exceptional Square Footage & Value: Spanning an impressive 4,615 square feet at an unbeatable price—under $200 per square foot—this property offers unparalleled space and value in the Bay Area market.
High Income Potential: The property is explicitly marketed for its potential as a 'high-yield short-term rental investment' and for 'dividing into creative rental spaces,' indicating strong income generation possibilities.
Flexible Layout for Diverse Needs: Designed as a 'spacious family compound' and suitable for 'multi-generational living' with a 'massive entertainment area,' the layout offers significant adaptability for various lifestyles and uses.
Private En-suite Accommodations: Featuring 2 ensuite bedrooms with private bathrooms, the home provides enhanced comfort and privacy, a desirable amenity for families or rental occupants.
Desirable West Oakland Location: Located in 'vibrant West Oakland,' described as 'one of the Bay Area’s most dynamic neighborhoods,' suggesting strong community appeal and potential for future appreciation.
Cons
Property Age: Built in 1982, the property is over 40 years old, which may imply older systems or components that could require future maintenance or upgrades not explicitly mentioned as recent.
Lack of Detailed Renovation Information: Beyond a tankless water heater, the description does not specify recent major renovations (e.g., kitchen, bathrooms, HVAC, roof), suggesting potential for buyer-funded updates to modernize or maintain.
Bedroom Count Discrepancy: The property description implies 4 bedrooms (2 ensuite + 2 additional oversized), while the 'beds' field lists 3, which could lead to confusion or require clarification for potential buyers.