1132 86th Ave, Oakland, California 94621, Oakland, 94621 - 1 bed, 1 bath
ACTIVE$399,999
1132 86th Ave, Oakland, California 94621
1Bed
1Bath
560Sqft
3,250Lot
Price Vs. Estimate
The estimated value ($377,564.12) is $22,434.88 (5%) lower than the list price ($399,999). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size: The 3,250 sqft lot provides significant outdoor space and potential for future expansion or an Accessory Dwelling Unit (ADU), which is valuable in Oakland.
Top Cons:
Extremely Small Living Area: With only 560 sqft and 1 bedroom/1 bathroom, the property offers very limited living space, restricting its appeal to a niche market (e.g., singles, couples without children).
Compared to the nearby listings
Price:$400.0K vs avg $525.0K ($-125,001)16%
Size:560 sqft vs avg 1,076.5 sqft3%
Price/sqft:$714 vs avg $43997%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property is over a century old. While the listing describes it as 'clean' and 'move-in ready,' and some appliances (refrigerator, stacked washer/dryer) appear relatively new, the overall condition of the kitchen and bathroom is dated. The kitchen features older wood-toned cabinets and a mosaic tile backsplash that is no longer current, along with an exposed electrical panel. The bathroom has very traditional, dated white tiles, a basic vanity, and older light fixtures. The flooring throughout is a dark wood-look laminate/engineered wood that shows some wear. The home is functional and appears maintained, but requires significant cosmetic updates to the kitchen and bathroom to meet modern standards, aligning with the 'fair' category for an aged home with regular upkeep but outdated major components.
Year Built
1920
Close
-
List price
$400K
Original List price
$449K
Price/Sqft
$714
HOA
-
Days on market
-
Sold On
-
MLS number
41111041
Home ConditionFair
Features
View-
About this home
LESS IS MORE Come & check out this clean 1 bedroom home with a huge lot. This single family home is just what you need. You can walk to school. Don't let this become "the 1 that got away".
Nearby schools
1/10
New Highland Academy
Public,•K-5•0.2mi
2/10
Rise Community School
Public,•K-5•0.2mi
5/10
Acorn Woodland Elementary School
Public,•K-5•0.3mi
1/10
Encompass Academy Elementary
Public,•K-5•0.3mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.8mi
1/10
Roots International Academy
Public,•6-8•1.1mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.1mi
1/10
Castlemont High
Public,•9-12•1.2mi
2/10
Fremont High
Public,•9-12•2.3mi
2/10
Oakland International High School
Public,•9-12•7.2mi
Condition Rating
Fair
Built in 1920, this property is over a century old. While the listing describes it as 'clean' and 'move-in ready,' and some appliances (refrigerator, stacked washer/dryer) appear relatively new, the overall condition of the kitchen and bathroom is dated. The kitchen features older wood-toned cabinets and a mosaic tile backsplash that is no longer current, along with an exposed electrical panel. The bathroom has very traditional, dated white tiles, a basic vanity, and older light fixtures. The flooring throughout is a dark wood-look laminate/engineered wood that shows some wear. The home is functional and appears maintained, but requires significant cosmetic updates to the kitchen and bathroom to meet modern standards, aligning with the 'fair' category for an aged home with regular upkeep but outdated major components.
Pros & Cons
Pros
Generous Lot Size: The 3,250 sqft lot provides significant outdoor space and potential for future expansion or an Accessory Dwelling Unit (ADU), which is valuable in Oakland.
Recent Price Adjustment: A notable price reduction from $449,000 to $399,999 indicates a motivated seller and offers a more attractive entry point for buyers.
Proximity to Highly-Rated Schools: Located within walking distance to elementary schools, including Acorn Woodland Elementary (rated 5), making it appealing for families with young children.
Single-Family Home Status: As a single-family residence, it offers privacy, land ownership, and avoids HOA fees, which is a strong draw for many buyers.
Move-in Ready Condition: The description highlights a 'clean 1 bedroom home,' suggesting it is well-maintained and ready for immediate occupancy.
Cons
Extremely Small Living Area: With only 560 sqft and 1 bedroom/1 bathroom, the property offers very limited living space, restricting its appeal to a niche market (e.g., singles, couples without children).
Advanced Age of Property: Built in 1920, the home is over a century old, which may necessitate significant updates to plumbing, electrical, and HVAC systems, potentially leading to higher maintenance costs.
Potential Overpricing Relative to Market: The current listing price of $399,999 is higher than the estimated property value of $381,620, suggesting it might be priced above current market expectations.