1440 76th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
ACTIVE$375,000
1440 76th Ave, Oakland, California 94621
2Beds
1Bath
780Sqft
2,400Lot
Price Vs. Estimate
The estimated value ($282,999.87) is $92,000.13 (24%) lower than the list price ($375,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Potential: Explicitly marketed as suitable for an investment portfolio, with an option to purchase as part of a package deal with another nearby property, enhancing its appeal to investors.
Top Cons:
Compact Living Space: With only 780 sqft, the interior living area is relatively small, which may limit its appeal to larger households or those desiring more expansive living quarters.
Compared to the nearby listings
Price:$375.0K vs avg $525.0K ($-150,000)13%
Size:780 sqft vs avg 1,076.5 sqft5%
Price/sqft:$481 vs avg $43966%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this property is nearly a century old with no visible evidence of major renovations. The living room features a very dated ceiling fan and older tile flooring, indicating a lack of modern updates. Crucially, there are no images of the kitchen or bathroom, which often suggests these areas are in poor, un-updated condition. The property analysis explicitly states it may require 'significant updates to plumbing, electrical, and other systems,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation for major components.
Year Built
1924
Close
-
List price
$375K
Original List price
$399K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
41106953
Home ConditionPoor
Features
Patio
View-
About this home
Perfect home to live in or add to your investment portfolio! Buy it separately or with another home, for a package deal, only 2 minutes away at 1090 70th Ave Oakland. 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 1924, this property is nearly a century old with no visible evidence of major renovations. The living room features a very dated ceiling fan and older tile flooring, indicating a lack of modern updates. Crucially, there are no images of the kitchen or bathroom, which often suggests these areas are in poor, un-updated condition. The property analysis explicitly states it may require 'significant updates to plumbing, electrical, and other systems,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation for major components.
Pros & Cons
Pros
Investment Potential: Explicitly marketed as suitable for an investment portfolio, with an option to purchase as part of a package deal with another nearby property, enhancing its appeal to investors.
Strategic Location: Highly accessible location, just a 4-minute drive to Coliseum BART, minutes from the airport, shopping, the Oakland Zoo, and various parks, offering convenience and connectivity.
Recent Price Reduction: The listing price has been reduced from $399,000 to $375,000, indicating increased value for potential buyers and a motivated seller.
Private Parking & Outdoor Space: Features a long driveway and a 'sizeable lot' for an urban setting, providing valuable off-street parking and potential for outdoor enjoyment or expansion.
Single-Family Residence: Offers the benefits of a detached home, including privacy and potential for greater appreciation compared to multi-family units, in an urban environment.
Cons
Compact Living Space: With only 780 sqft, the interior living area is relatively small, which may limit its appeal to larger households or those desiring more expansive living quarters.
Age of Property: Built in 1924, the property is nearly a century old, potentially requiring significant updates to plumbing, electrical, and other systems, or ongoing maintenance typical of older homes.
Potential Overvaluation: The current listing price of $375,000 is 8% higher than the estimated market value of $342,845, suggesting it may be priced above current market analytics.