1434 40th, Oakland, California 94601, Oakland, 94601 - 3 bed, 3 bath
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Oakland, California 94601
This Dual-Unit Income Asset is listed at $595,000, positioned slightly above its $574,907 Fair Market Value. The property offers a strategic "house-hack" configuration featuring a Detached ADU and a main residence with a functional basement, providing significant rental income potential. Currently assigned a Fair Condition Rating, the home requires targeted "TLC" to modernize major components and maximize appreciation. Notable perks include a City Lights View and proximity to top-tier institutions like Alameda High School. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1434 40th Subject | $595,000* List Price | 3 | 3 | 1,294 | $451 | - |
A 2005 2005 36th Avenue Sold | $549,000 | 3 | 2 | 1,210 | $454 | 0.5 mi |
B 1712 37th Ave Sold | $530,000 | 3 | 1 | 1,015 | $522 | 0.2 mi |
C 1822 40th Ave Sold | $545,000 | 4 | 2 | 1,600 | $341 | 0.2 mi |
D 3643 E 16th St Sold | $428,000 | 2 | 2 | 1,032 | $415 | 0.2 mi |
E 4118 Agua Vista St Sold | $589,000 | 2 | 2 | 1,032 | $571 | 0.7 mi |
F 4526 Bond St Sold | $650,000 | 4 | 1 | 1,239 | $525 | 0.4 mi |
G 1530 1530 40th Ave Active | $569,950 List Price | 3 | 3 | 1,126 | $506 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this property is aged and requires 'TLC' and immediate capital investment for repairs as noted in the listing's own analysis. While it offers a main house and a detached ADU, the presence of deferred maintenance and the need for modernization of major components and finishes place it in the fair category. It remains functional but shows significant signs of being outdated and requires minor to moderate updates to meet modern quality standards.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property features two separate dwellings on a single lot, including a detached ADU with its own entrance, offering a prime opportunity for rental income or multigenerational living.
In addition to the primary bedrooms, the main residence includes a basement with two extra rooms, providing versatile options for a home office, hobby space, or significant additional storage.
The listing explicitly mentions the need for 'TLC,' suggesting that immediate capital investment will be required for repairs and updates to bring the home to modern standards.
While located near several schools, the majority of the immediate public school options carry low performance ratings, which may be a concern for families and impact future resale appeal.
Two homes on one lot offer a fantastic opportunity for homeowners and investors alike. The main residence features 2 bedrooms, 1.5 bathrooms, and a basement with two additional room is ideal for extra living space, a home office, or storage. A detached ADU includes 1 bedroom, 1 bathroom, a kitchen, and a separate entrance, providing excellent potential for rental income or multigenerational living. With a little TLC, this property can truly shine. Don't miss the chance to live in one home while generating additional income from the ADU.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 1,294 | 1,327 | 49% |
| Lot Size | 3,850 | 4,375 | 34% |
| Price | $595.0K | $570.0K | 62% |
| Price per sq ft | $460 | $407 | 64% |
| Built year | 1915 | 1921 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 187 | 9% |
Feb 27, 2026
$595,000
Initial Listing
Apr 27, 2023
$500,000
Public Record
Jun 19, 2007
$240,000
Public Record