1927 86th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath

1927 86th Ave, Oakland, California 94621 home-pic-0
ACTIVE$399,900
1927 86th Ave, Oakland, California 94621
2Beds
1Bath
792Sqft
5,320Lot

Price Vs. Estimate

The estimated value ($334,950.12) is $64,949.88 (16%) lower than the list price ($399,900). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Potential: Positioned as an ideal opportunity for first-time homebuyers or investors, offering significant potential for value addition and customization.
Top Cons:
Extensive Renovation Required: Explicitly marketed as a 'Fixer!' and sold 'AS IS,' indicating the need for significant repairs, upgrades, and associated costs.

Compared to the nearby listings

Price:$399.9K vs avg $525.0K ($-125,100)16%
Size:792 sqft vs avg 1,076.5 sqft5%
Price/sqft:$505 vs avg $43974%

More Insights

Built in 1920 (105 years old).
Condition: This property, built in 1920, is explicitly marketed as a 'Fixer!' and sold 'AS IS,' indicating a need for substantial repairs and rehabilitation. While some areas like the living room show newer laminate flooring, the overall age and description suggest that major systems (electrical, plumbing, HVAC, roof) are likely original or very old and require significant updates or replacement. The absence of kitchen and bathroom images, combined with the 'Fixer!' status, strongly implies these critical areas are in poor, outdated condition and would require a complete renovation. The visible electrical panel in the living area further points to older infrastructure. This property is not move-in ready without considerable investment to address its age and deferred maintenance.
Year Built
1920
Close
-
List price
$400K
Original List price
$425K
Price/Sqft
$505
HOA
-
Days on market
-
Sold On
-
MLS number
41112132
Home ConditionPoor
Features
View-

About this home

Looking for a Fixer! This 2 bedroom, 1 bath cute Bungalow with a huge lot has endless possibilities and potential. Great Opportunity for a first-time home buyer or investor. Easy access to 880 & 580. Property is being sold "AS IS"

Nearby schools

3/10
East Oakland Pride Elementary School
Public,K-50.3mi
2/10
Elmhurst Community Prep School
Public,6-80.7mi
2/10
Frick Middle School
Public,6-81.3mi
1/10
Roots International Academy
Public,6-81.3mi
1/10
Castlemont High
Public,9-120.5mi
3/10
Coliseum College Prep Academy
Public,6-121.3mi
2/10
Fremont High
Public,9-122.5mi
2/10
Oakland International High School
Public,9-127.2mi
Condition Rating
Poor

This property, built in 1920, is explicitly marketed as a 'Fixer!' and sold 'AS IS,' indicating a need for substantial repairs and rehabilitation. While some areas like the living room show newer laminate flooring, the overall age and description suggest that major systems (electrical, plumbing, HVAC, roof) are likely original or very old and require significant updates or replacement. The absence of kitchen and bathroom images, combined with the 'Fixer!' status, strongly implies these critical areas are in poor, outdated condition and would require a complete renovation. The visible electrical panel in the living area further points to older infrastructure. This property is not move-in ready without considerable investment to address its age and deferred maintenance.
Pros & Cons

Pros

Investment Potential: Positioned as an ideal opportunity for first-time homebuyers or investors, offering significant potential for value addition and customization.
Generous Lot Size: A substantial 5,320 sqft lot provides ample outdoor space and potential for future expansion or landscaping.
Strategic Freeway Access: Offers convenient and easy access to major freeways (880 & 580), beneficial for commuters.
Recent Price Adjustment: A notable price reduction from $425,000 to $399,900 indicates a potentially motivated seller and increased value proposition.
Charming Architectural Style: Described as a 'cute Bungalow,' appealing to buyers seeking character and a classic home aesthetic.

Cons

Extensive Renovation Required: Explicitly marketed as a 'Fixer!' and sold 'AS IS,' indicating the need for significant repairs, upgrades, and associated costs.
Historic Property Age: Built in 1920, the property likely requires updates to systems and infrastructure to meet modern standards and address potential deferred maintenance.
Limited Interior Space: With only 792 sqft, the living area is compact, which may not accommodate buyers requiring more room or larger households.

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