
Oakland, California 94603
This Income-Producing Duplex is a Strong Value Opportunity, listed at $625,000—positioned well below the $669,928 Fair Market Value by 6%. This valuation gap offers $44,928 in Instant Equity for buyers. Maintaining a Move-in Ready Condition Rating, the asset features separate PG&E meters, attached garages, and a 2024-refreshed unit. Despite lower-rated local schools, the property’s immediate cash flow and low overhead make it a premier choice for Buy-and-Hold Investors or Owner-Occupants looking to house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1636 101st Avenue Subject | $625,000* List Price | 0 | 0 | 1,756 | $382 | - |
A 1442 92nd Avenue Active | $560,000 List Price | 0 | 0 | 1,450 | $386 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1960s duplex is in move-in ready condition, particularly Unit 1638 which was refreshed in 2024 with new stone countertops, modern laminate flooring, fresh interior paint, and new carpeting. While the cabinetry and exterior style are dated, the property shows well-maintained systems, updated interior finishes in the vacant unit, and functional features like attached garages and separate metering.
Both units are currently tenant-occupied on month-to-month leases, providing instant rental income while allowing a new owner the flexibility to adjust rents to market rates or occupy a unit.
The property features separate PG&E meters for each unit, shifting utility costs to the tenants and significantly reducing the owner's monthly overhead and management complexity.
The inclusion of attached one-car garages, additional driveway parking, and in-unit laundry hookups are premium features for the area that drive strong tenant retention and rental demand.
The property is zoned for schools with very low ratings (1-2 out of 10), which may limit the pool of long-term family tenants and impact future property appreciation.
With a building size of 1,756 sq ft situated on a modest 2,600 sq ft lot, there is very little yard or private outdoor space for tenants to utilize.
Solid income-producing duplex located in the quiet Iveywood neighborhood of East Oakland. Both units are tenant occupied on month-to-month leases, offering immediate cash flow with future flexibility. Each unit includes an attached one-car garage, additional driveway parking, and in-unit laundry hookups — highly desirable features that support strong tenant retention and rental demand. Unit 1636 offers 2 bedrooms and 1 bath at approximately 878 sq ft and is rented for $2,400 with a long-term tenant. Unit 1638 features 3 bedrooms and 1 bath at approximately 878 sq ft, rented for $2,585, and was refreshed and updated prior to the current tenant’s occupancy in mid-2024. Both units are separately metered with tenants paying their own PG&E, helping reduce owner operating expenses. Conveniently located minutes from schools, I-580 freeway access, BART, and Oakland International Airport, making this an attractive long-term rental asset with stable income potential. Don't miss 2100 94th, Oakland which is a healthy income producing Multi family. Shows as Triplex ( duplex + Garage Converted 2 bed 1 bath )
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,756 | 2,522.5 | 17% |
| Lot Size | 2,600 | 6,625 | 17% |
| Price | $625.0K | $732.5K | 33% |
| Price per sq ft | $356 | $305 | 83% |
| Built year | 1960 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 174 | 17% |
Apr 5, 2026
$625,000
Initial Listing
Dec 2, 2016
$392,000
Public Record