1507 48th Ave, Oakland, California 94601, Oakland, 94601 - bed, bath
ACTIVE$750,000
1507 48th Ave, Oakland, California 94601
0Bed
0Bath
Sqft
7,300Lot
Year Built
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41116601
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $750.0K(55th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
This beautiful Tri-plex consists of a Duplex and a SF cottage. Nicely remodeled and well kept. 2 units has 3 bd, 1 bth and 1 unit has 3bd 2 bths. All units has Solar and many other upgrades. This property has the capability to add an additional 4th unit (Garage to ADU) conversion, per City of Oakland zoning. A MUST SEE !! ...PRICED TO SELL, PRICE IS FIRM
Price History
Date
Event
Price
11/03/25
Listing
$750,000
Condition Rating
Excellent
The property is described as 'nicely remodeled and well kept' with 'many other upgrades,' which is strongly supported by the images. The kitchens feature modern white shaker cabinets, updated countertops, subway tile backsplashes, and new appliances (both white and stainless steel options shown). Bathrooms are also fully updated with modern vanities, fixtures, and contemporary tile work. Flooring throughout consists of modern wood-look tile and laminate, with no visible carpets. The presence of solar panels and mini-split AC units indicates recent, significant system upgrades. All visible components appear new or virtually new, reflecting an extensive renovation within the last 5-10 years, making it move-in ready with high-quality finishes.
Pros & Cons
Pros
Multi-Unit Income Potential: The property is a Triplex (Duplex + SF cottage), offering immediate and diversified rental income streams for investors.
Value-Add Opportunity: Significant potential to add a 4th unit through a garage-to-ADU conversion, as per City of Oakland zoning, enhancing future income and property value.
Recent Upgrades & Condition: Described as 'nicely remodeled and well kept,' suggesting reduced immediate maintenance and capital expenditure for a new owner.
Solar Power Equipped: All units are equipped with solar panels, providing energy efficiency, lower utility costs, and an attractive feature for tenants.
Desirable Unit Mix: The property offers a versatile unit configuration with two 3-bedroom, 1-bathroom units and one 3-bedroom, 2-bathroom unit, appealing to a broad tenant base.
Cons
Non-Negotiable Price: The listing explicitly states 'PRICE IS FIRM,' limiting any negotiation leverage for potential buyers.
Additional Investment for ADU Conversion: While an opportunity, the conversion of the garage to an ADU requires significant additional capital investment and project management from the buyer.
Lack of Financial Specifics: The listing does not provide current rental income figures, occupancy rates, or detailed expense information, which are crucial for an income property analysis.