
Oakland, California 94621
This duplex represents a Strong Value Opportunity, listed at $549,000—positioned well below the $595,775 Fair Market Value by 7%. This valuation gap offers $46,775 in Instant Equity for the buyer. Featuring a rare 4-bedroom, 2-bathroom configuration per unit and Ample Gated Parking, the property maintains a Condition Rating of 4, requiring cosmetic updates to maximize rental yields. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants planning a house-hack to build long-term wealth in the Oakland market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1192 71st Ave Subject 0 bd · 0 ba · 2,576 sqft · $231 | $549,000* List Price | 0 | 0 | 2,576 | $231 | - |
A 1543 Havenscourt Blvd Sold 0 bd · 0 ba · 2,694 sqft · $230 · 0.3 mi | $620,000 | 0 | 0 | 2,694 | $230 | 0.3 mi |
B 1602 87th Avenue Sold 0 bd · 0 ba · 2,302 sqft · $229 · 1.0 mi | $528,000 | 0 | 0 | 2,302 | $229 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is just over 30 years old and shows a dated interior, particularly in the bathrooms and common areas. While it is currently tenant-occupied and functional, it requires cosmetic updates and minor repairs to modernize the spaces.
The property features a rare configuration of two 4-bedroom units, offering a high bedroom density that is difficult to find in the Oakland duplex market.
A large gated parking area provides secure off-street space for multiple vehicles, a significant value-add for tenants and a premium feature for the area.
With current rents for 4-bedroom units below market averages, there is significant upside for an investor to increase cash flow over time.
Tax records reflect 3 bedrooms per unit while the physical count is 4, which may create challenges with financing, appraisals, or permit verification.
The property is tenant-occupied and subject to Oakland's strict rental laws, requiring careful navigation for future rent increases or owner-occupancy plans.
Finding a 4-bedroom unit in Oakland is hard enough. Finding two of them, side by side, is rarer still. This two-story duplex offers two spacious 4-bedroom, 2-bathroom units, each spanning 1,288 square feet, along with a shared upstairs balcony, in-unit laundry in both units, and a large gated parking area with room for multiple vehicles. Unit A is currently rented at $1,651.12/month and Unit B at $1,730.62/month, giving an investor room to grow income over time. Each kitchen features a gas range, dark countertops, wood cabinetry, and rear doors leading directly to the parking area. Each lower level has one bedroom and one full bathroom while upstairs you'll find the other three bedrooms and one full bathroom. Whether you're building a rental portfolio or planning a future house-hack, this duplex offers the space, bedroom count, and parking that most Oakland duplexes typically can't match. Buyer to verify square footage and bedroom/bathroom count and Oakland's Rental laws. Tax records reflect 3 bedrooms/2 bathrooms per unit; agent's on-site observation is 4 bedrooms/2 bathrooms per unit. Property is tenant occupied, month-to-month. No showings without an appointment, 48 hour advance notice is requested prior to any showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,576 | 2,403.227 |
| Lot Size | 5,000 | 4,461.364 |
| Price | $549.0K | $900.8K |
| Price per sq ft | $213 | $343 |
| Built year | 1995 | 1919 |
| HOA | $0 | $0 |
| Days on market | 31 | 67 |
Sep 23, 2026
$549,000
Initial Listing
Jun 23, 2011
$197,000
Public Record
Dec 14, 2006
$640,000
Public Record
Jun 1, 2005
$525,000
Public Record
Nov 3, 2000
$234,000
Public Record
Apr 28, 1999
$160,000
Public Record