1821 74th Ave, Oakland, California 94621, Oakland, 94621 - bed, bath
ACTIVE$575,000
1821 74th Ave, Oakland, California 94621
0Bed
0Bath
Sqft
5,370Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income Stream: Both units are currently tenant-occupied, providing instant rental income and making it an attractive turnkey investment property.
Top Cons:
Age of Property: Built in 1938, the property is older, which may imply potential for aging infrastructure, systems (e.g., plumbing, electrical, roof), or deferred maintenance beyond the updated kitchens.
Compared to the nearby listings
Price:$575.0K vs avg $610.0K ($-35,000)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1938 (87 years old).
Condition: Built in 1938, this duplex has undergone significant renovations, as stated in the description and evidenced by the images. Both kitchens feature granite countertops and functional appliances (stainless steel in one unit, white in the other), with clean cabinetry, though the style in Unit 1 is a bit dated. Bathrooms are also updated with granite vanities and appear well-maintained. Flooring includes hardwood in one unit and newer-looking wood-look laminate in the other, with recessed lighting throughout many living spaces. While not a brand-new renovation, the updates are substantial enough to make the property move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property of its age with renovations likely completed within the last 10-20 years.
Year Built
1938
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41108976
Home ConditionGood
Features
Patio
View-
About this home
Renovated duplex with both units tenant-occupied, Each unit features a nicely updated kitchen, washer and dryer hook-up, private entrances, and access to divided fenced yards. 5,370 sq ft lot offers potential for additional units (buyer to verify). Close to BART, public transit, shopping, and freeway access. Perfect for investors.
Condition Rating
Good
Built in 1938, this duplex has undergone significant renovations, as stated in the description and evidenced by the images. Both kitchens feature granite countertops and functional appliances (stainless steel in one unit, white in the other), with clean cabinetry, though the style in Unit 1 is a bit dated. Bathrooms are also updated with granite vanities and appear well-maintained. Flooring includes hardwood in one unit and newer-looking wood-look laminate in the other, with recessed lighting throughout many living spaces. While not a brand-new renovation, the updates are substantial enough to make the property move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property of its age with renovations likely completed within the last 10-20 years.
Pros & Cons
Pros
Immediate Income Stream: Both units are currently tenant-occupied, providing instant rental income and making it an attractive turnkey investment property.
Renovated Interiors: Each unit boasts a nicely updated kitchen, reducing immediate renovation costs and enhancing tenant appeal.
Development Potential: The generous 5,370 sq ft lot offers potential for adding additional units, providing a significant value-add opportunity for future expansion (buyer to verify).
Tenant-Friendly Amenities: Features like private entrances, divided fenced yards, and in-unit washer/dryer hook-ups are highly desirable for tenants, promoting retention and higher rental rates.
Excellent Location & Accessibility: The property benefits from its proximity to BART, public transit, shopping, and freeway access, ensuring strong rental demand and convenience for residents.
Cons
Age of Property: Built in 1938, the property is older, which may imply potential for aging infrastructure, systems (e.g., plumbing, electrical, roof), or deferred maintenance beyond the updated kitchens.
Unverified Development Potential: While the lot offers potential for additional units, this is explicitly stated as 'buyer to verify,' indicating that zoning, permits, and feasibility are not confirmed and require extensive due diligence.
Limited Condition Details: The description highlights updated kitchens but lacks comprehensive information on the overall condition of the property's major systems or other areas, potentially leading to unforeseen repair or upgrade costs.