1439 38th Avenue, Oakland, California 94601, Oakland, 94601 - bed, bath
ACTIVE$985,000
1439 38th Avenue, Oakland, California 94601
0Bed
0Bath
1,933Sqft
3,130Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Top Cons:
Age of Original Structure: Despite extensive renovations, the core structure was built in 1910, which may still present unforeseen maintenance challenges associated with older buildings.
Compared to the nearby listings
Price:$985.0K vs avg $740.0K (+$245,000)82%
Size:1,933 sqft vs avg sqft91%
Price/sqft:$510 vs avg $091%
More Insights
Built in 1910 (115 years old).
Condition: Despite the 1910 build year, this property has undergone extensive recent renovations totaling over $350,000. The lower unit has been completely rebuilt with a new kitchen, bath, appliances, HVAC, and modern finishes, making it virtually new. A detached ADU is newly constructed. The images showcase modern laminate wood flooring, recessed lighting, contemporary ceiling fans, and mini-split HVAC systems, indicating high-quality, up-to-date features throughout the renovated spaces. While the upper unit received upgrades rather than a full rebuild, the significant investment and scope of work on the majority of the property (lower unit and ADU) align with the 'excellent' criteria for properties extensively renovated within the last 5 years.
Year Built
1910
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
$510
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027064
Home ConditionExcellent
Features
View-
About this home
The Ivy Group is pleased to present an opportunity to acquire a well-located three-unit multifamily property in Oakland, California. This property features a two-story duplex in the front and a newly constructed detached ADU in the rear. With over $350,000 in recent renovations including seismic retrofitting, new roof, solar systems, utility upgrades, and a complete rebuild of the lower unit this property offers modern systems and strong long-term stability. PROPERTY FEATURES: » Two-story duplex with detached 1-bedroom Accessory Dwelling Unit (ADU) - 3 total units » Separately metered electric, gas & water » Lower unit fully renovated: new kitchen, bath, laundry units, appliances, HVAC, insulation, and finishes » Upper unit upgraded with new electrical, lighting, appliances, and laundry » Newly constructed ± 408 SF ADU » Fenced backyard with premium redwood fencing Situated within walking distance of Fruitvale Village and Fruitvale BART Station, the property offers excellent access to shopping, dining, schools, and public transportation. It is ideally suited for investors seeking rental income or for an owner-occupant interested in living in one unit while generating income from the others.
Nearby schools
2/10
Global Family School
Public,•K-5•0.4mi
3/10
International Community School
Public,•K-5•0.7mi
5/10
Think College Now School
Public,•K-5•0.7mi
2/10
Horace Mann Elementary School
Public,•K-5•0.9mi
8/10
Edison Elementary School
Public,•K-5•1.1mi
3/10
Manzanita Seed
Public,•K-5•1.2mi
2/10
Allendale Elementary School
Public,•K-5•1.2mi
4/10
Fruitvale Elementary School
Public,•K-5•1.5mi
5/10
Glenview Elementary School
Public,•K-5•2.1mi
4/10
Urban Promise Academy
Public,•6-8•0.5mi
3/10
United For Success Academy
Public,•6-8•0.6mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.2mi
4/10
Roosevelt Middle School
Public,•6-8•1.4mi
1/10
Roots International Academy
Public,•6-8•1.7mi
9/10
Lincoln Middle School
Public,•6-8•1.8mi
2/10
Bret Harte Middle School
Public,•6-9•1.9mi
6/10
Edna Brewer Middle School
Public,•6-8•2.0mi
2/10
Fremont High
Public,•9-12•0.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.7mi
9/10
Alameda High School
Public,•9-12•1.7mi
4/10
Oakland High School
Public,•9-12•2.2mi
4/10
Skyline High School
Public,•9-12•3.4mi
2/10
Oakland International High School
Public,•9-12•4.6mi
Price History
Date
Event
Price
12/05/17
Sold
$542,500
07/15/09
Sold
$150,000
Condition Rating
Excellent
Despite the 1910 build year, this property has undergone extensive recent renovations totaling over $350,000. The lower unit has been completely rebuilt with a new kitchen, bath, appliances, HVAC, and modern finishes, making it virtually new. A detached ADU is newly constructed. The images showcase modern laminate wood flooring, recessed lighting, contemporary ceiling fans, and mini-split HVAC systems, indicating high-quality, up-to-date features throughout the renovated spaces. While the upper unit received upgrades rather than a full rebuild, the significant investment and scope of work on the majority of the property (lower unit and ADU) align with the 'excellent' criteria for properties extensively renovated within the last 5 years.
Pros & Cons
Pros
Great Schools: Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Multi-Unit Income Potential: The property is a triplex, featuring a two-story duplex and a newly constructed detached ADU, offering significant rental income potential for investors or an owner-occupant.
Extensive Recent Renovations: Over $350,000 has been invested in recent renovations, including seismic retrofitting, a new roof, solar systems, utility upgrades, and a complete rebuild of the lower unit, ensuring modern systems and long-term stability.
Newly Constructed ADU: The addition of a newly constructed ± 408 SF Accessory Dwelling Unit (ADU) enhances the property's value, flexibility, and income-generating capacity.
Prime Transit-Oriented Location: Situated within walking distance of Fruitvale Village and Fruitvale BART Station, the property offers excellent access to shopping, dining, schools, and public transportation, appealing to a broad tenant base.
Modernized Infrastructure & Separate Utilities: The property benefits from modern systems, including HVAC in the lower unit and solar, along with separately metered electric, gas, and water for each unit, simplifying tenant billing and management.
Cons
Age of Original Structure: Despite extensive renovations, the core structure was built in 1910, which may still present unforeseen maintenance challenges associated with older buildings.
Lack of Dedicated Parking: The property description does not mention dedicated parking for three units, which could be a significant drawback for tenants in an urban area like Oakland.
Varying Renovation Scope Across Units: While the lower unit was fully renovated and the ADU is new, the upper unit only received upgrades to electrical, lighting, appliances, and laundry, suggesting a less comprehensive modernization compared to the other units.