
Oakland, California 94601
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well above the $460,851 Fair Market Value by -13%. While the property requires significant capital expenditure due to its Fair Condition Rating and vintage 1918 infrastructure, the duplex configuration provides immediate rental income potential. The strategic location near the 880 Freeway ensures strong tenant demand. This value-add asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize core systems.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1626 46th Ave Subject 0 bd · 0 ba · 1,360 sqft · $337 | $515,000* List Price | 0 | 0 | 1,360 | $337 | - |
A 4500 San Carlos Ave Sold 0 bd · 0 ba · 1,324 sqft · $340 · 0.4 mi | $450,000 | 0 | 0 | 1,324 | $340 | 0.4 mi |
B 1993 38th Ave Active 0 bd · 0 ba · 1,333 sqft · $439 · 0.6 mi | $585,000 List Price | 0 | 0 | 1,333 | $439 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1918, this 100+ year old property shows significant signs of age with no documented recent renovations. The exterior displays deferred maintenance and dated utility configurations, suggesting that core systems (HVAC, electric) and interior finishes likely require a full rehab to meet modern safety and functional standards.
As a duplex, this property offers a versatile opportunity for investors or owner-occupants to generate rental income, helping to offset mortgage costs in a high-demand rental market.
The property is strategically located near the 880 Freeway and public transportation, providing excellent accessibility for residents commuting throughout the East Bay and San Francisco.
Listed at $525,000, this multi-unit residence represents a relatively affordable entry point into the Oakland real estate market for those looking to build equity through residential income property.
Built in 1918, the property is over a century old and may require significant updates to its core systems, such as plumbing and electrical, to meet modern standards.
With only 1,360 total square feet split between two units, the individual living areas are quite compact, which may limit the property's appeal to tenants or owners desiring more spacious interiors.
Great duplex opportunity conveniently located near the 880 Freeway, offering easy access for commuters. This income-producing property features two units and is ideal for investors or owner-occupants seeking rental income. Conveniently situated near shopping, schools, public transportation, and everyday amenities. Long driveway with extra parking.
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 | 1,360 | 2,403.227 |
| Lot Size | 2,870 | 4,461.364 |
| Price | $515.0K | $900.8K |
| Price per sq ft | $379 | $343 |
| Built year | 1918 | 1919 |
| HOA | $0 | $0 |
| Days on market | 43 | 67 |
Oct 20, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Sep 11, 2026
$525,000
Initial Listing
Sep 15, 2015
$378,000
Public Record
Aug 21, 2007
$310,000
Public Record
Apr 5, 2006
$560,000
Public Record
Jul 1, 2004
$347,000
Public Record
Dec 30, 2003
$270,000
Public Record