1090 70th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
ACTIVE$349,000
1090 70th Ave, Oakland, California 94621
2Beds
1Bath
658Sqft
2,500Lot
Price Vs. Estimate
The estimated value ($259,702.465) is $89,297.535 (25%) lower than the list price ($349,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Potential: The property is explicitly marketed as suitable for both living and investment, with an option to purchase alongside a similar nearby property, enhancing its appeal to investors.
Top Cons:
Compact Interior Space: With only 658 sqft of living area, the property offers limited interior space, which may not meet the needs of all prospective buyers, particularly families.
Compared to the nearby listings
Price:$349.0K vs avg $525.0K ($-176,000)11%
Size:658 sqft vs avg 1,076.5 sqft3%
Price/sqft:$530 vs avg $43976%
More Insights
Built in 1926 (99 years old).
Condition: Built in 1926, this property is nearly 100 years old with no visible evidence of recent major renovations. The only interior image provided (a bedroom) shows dated aesthetics with pink walls, basic laminate flooring, and a makeshift open closet, suggesting a lack of modern updates throughout. Crucially, there are no images of the kitchen or bathroom, which often indicates these key areas are in very poor or extremely outdated condition, requiring substantial rehabilitation. Major systems (electrical, plumbing, and potentially HVAC) are likely original or very old and would require significant investment to meet current safety and living standards.
Year Built
1926
Close
-
List price
$349K
Original List price
$399K
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
41106964
Home ConditionPoor
Features
View-
About this home
Perfect home to live in or add to your investment portfolio! Buy it separately or with another home about 2 minutes away at 1440 76th Ave. (similar size to this home). Long driveway, sizeable lot. Just 4 min drive to the Coliseum BART, mins to the airport, shopping, the famous Oakland Zoo and Gorgeous parks. This home will go fast. Contact agent for private showing info. https://sites.listvt.com/144076thave109070thave
Condition Rating
Poor
Built in 1926, this property is nearly 100 years old with no visible evidence of recent major renovations. The only interior image provided (a bedroom) shows dated aesthetics with pink walls, basic laminate flooring, and a makeshift open closet, suggesting a lack of modern updates throughout. Crucially, there are no images of the kitchen or bathroom, which often indicates these key areas are in very poor or extremely outdated condition, requiring substantial rehabilitation. Major systems (electrical, plumbing, and potentially HVAC) are likely original or very old and would require significant investment to meet current safety and living standards.
Pros & Cons
Pros
Investment Potential: The property is explicitly marketed as suitable for both living and investment, with an option to purchase alongside a similar nearby property, enhancing its appeal to investors.
Strategic Location: Benefits from excellent proximity to key amenities and transportation, including a 4-minute drive to Coliseum BART, minutes to the airport, shopping, Oakland Zoo, and various parks.
Recent Price Reduction: The listing price has been reduced from $399,000 to $349,000, indicating seller motivation and potentially offering a more attractive entry point for buyers.
Outdoor Space & Parking: Features a long driveway and a 'sizeable lot' (2500 sqft), providing valuable off-street parking and potential for outdoor enjoyment or future landscaping.
Broad Buyer Appeal: The description targets both owner-occupants looking for a home and investors seeking portfolio additions, widening the potential buyer pool.
Cons
Compact Interior Space: With only 658 sqft of living area, the property offers limited interior space, which may not meet the needs of all prospective buyers, particularly families.
Historic Property Age: Built in 1926, the home is nearly a century old, which could imply potential for outdated systems (e.g., plumbing, electrical) or require significant maintenance and upgrades.
Above Estimated Value: Despite a recent price reduction, the current listing price of $349,000 is 12% higher than the property's estimated value of $305,104, potentially impacting perceived value for some buyers.