170 Vernon Ter, Oakland, California 94610, Oakland, 94610 - 0 bed, 0 bath
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Oakland, California 94610
This Value-Add Duplex is a High-Potential Investment Opportunity listed at $1,100,000, matching its $1,100,000 Fair Market Value. While marketed as reimagined, the property carries a Condition Rating of 5 with visible deferred maintenance, offering significant upside through strategic renovation and forced appreciation. Its location in Adams Point boasts a 94 Walk Score near Lake Merritt, complemented by access to Top-Rated Schools including Piedmont High (10/10). This asset is perfectly positioned for Buy-and-Hold Investors or Value-Add Specialists targeting Oakland’s high-density professional rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 170 Vernon Ter Subject | $1,100,000* List Price | 0 | 0 | 2,487 | $442 | - |
A 254 Perkins St. Sold | $850,000 | 0 | 0 | 0 | 0.3 mi | |
B 829 Vermont St Pending | $1,200,000 List Price | 0 | 0 | 2,547 | $471 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Despite the listing's claim of being 'meticulously reimagined' for 'modern livability,' the visual evidence contradicts this. The 1912-built property's exterior shows significant deferred maintenance with peeling paint and weathered wood. Interior common areas, such as the staircase, feature extremely worn carpet and a visible ceiling crack, indicating a lack of recent comprehensive renovation. Crucially, there are no images provided for the kitchens or bathrooms, which are key indicators of 'modern livability.' This absence, coupled with the 'virtually staged' photo disclaimer, strongly suggests these areas are outdated and in poor condition, requiring substantial repairs and rehabilitation to meet contemporary standards. The laundry room is also basic and utilitarian. Overall, the property requires significant investment beyond minor updates.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Boasts a 'Walker’s Paradise' (94 Walk Score) in the coveted Adams Point neighborhood, just three blocks from Lake Merritt and a short stroll to Whole Foods, Grand Avenue, and Lakeshore dining/entertainment.
Marketed as a 'premier investment opportunity' with units 'meticulously reimagined to maximize rental yield' and a 'high bedroom-to-square-foot density' targeting professional roommate and luxury rental markets.
Built in 1912, the property may have underlying older infrastructure (plumbing, electrical, foundation) that could require significant maintenance or unexpected repairs not explicitly mentioned as upgraded.
The disclosure that 'some of the photos are virtually staged' could lead to discrepancies between online presentation and the actual physical condition or appearance of the interior upon viewing.
With a lot size of 2,439 square feet for a duplex, the property likely offers minimal private outdoor space, which can be a drawback for residents seeking gardens or larger recreational areas.
THE ADAMS POINT ADVANTAGE | 170 VERNON TERRACE Introducing a premier investment opportunity at 170 Vernon Terrace, a stately 1912-built residence in the heart of Oakland’s coveted Adams Point. Spanning approximately 2,487 square feet, this property has been meticulously reimagined to maximize rental yield and modern livability. The building features two expansive, light-filled units: a rare 4-bedroom, 2-bathroom residence and a sophisticated 3-bedroom, 3-bathroom unit. Both configurations are designed to capture the high-demand professional roommate and luxury rental markets, offering a high bedroom-to-square-foot density that significantly outperforms standard area inventory. The lifestyle at 170 Vernon Terrace is defined by its "Walker’s Paradise" (94 Walk Score) location. Residents are just three blocks from the "Crown Jewel of Oakland," Lake Merritt. Daily essentials are effortless with Whole Foods Market just a 7-minute walk away, while the vibrant dining and entertainment corridors of Grand Avenue and Lakeshore—including the historic Grand Lake Theater and the Saturday Farmers Market—are all within a short stroll. Come see the home in person. You'll be happy you did! (Some of the photos are virtually staged)
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 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 | 2,487 | 2,988 | 50% |
| Lot Size | 2,439 | 5,255 | 17% |
| Price | $1.10M | $1.01M | 50% |
| Price per sq ft | $442 | $317 | 83% |
| Built year | 1912 | 1917 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 231 | 17% |
Dec 26, 2025
$1,100,000
Initial Listing
Feb 8, 2019
$700,000
Public Record