1993 38th Ave, Oakland, California 94601, Oakland, 94601 - bed, bath
1993 38th Ave
Oakland, California 94601
Property Price
SUMMARY
Analysis of 1993 38th Ave, Oakland, California 94601 is currently available with a list price of $585,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1923, this property shows significant age and deferred maintenance throughout. The kitchens and bathrooms in both units are very dated, featuring old cabinets, worn countertops, basic fixtures, and tired flooring, indicating they haven't been extensively renovated in 30-50+ years. While some appliances might be newer (e.g., the range in the front unit), the overall condition requires substantial repairs and rehabilitation to meet modern standards. The unpermitted garage conversion also poses a significant risk and potential for costly remediation, further contributing to a 'poor' condition assessment.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
- Strong Income Potential
As a duplex with an additional bonus studio unit, the property offers significant rental income opportunities, appealing to investors or owner-occupants seeking supplemental income.
- Excellent Development Potential
The large 6560 sqft lot and existing 'large space in rear' present a clear opportunity to add more units, increasing future value and income potential.
CONSRISKS & DEFICIENCIES
- Unpermitted Garage Conversion
The 'Garage conversion to bonus Studio unit Unknown permits' poses a significant risk, potentially requiring costly legalization, demolition, or impacting financing and insurance.
- Age of Property & Potential Deferred Maintenance
Built in 1923, the property is likely to require substantial updates, repairs, and ongoing maintenance, which could be a considerable expense for a new owner.
- Lower-Rated Local Schools
Several nearby public schools have low ratings, which could be a deterrent for families with school-aged children and potentially impact long-term property appreciation in that demographic.
About 1993 38th Ave
INCREDIBLE POTENTIAL!! Great Duplex w/ bonus bulding, hard to beat location with easy freeway access, close to Fruitvale BART station. The front unit of the home is a 3-bedroom 1-bath, and the back unit is a 1-bedroom and 1-bath, Garage conversion to bonus Studio unit Unknown permits. The sewer lateral is in compliance with building codes. This large space in rear that may be opportunity to add more units. Cozy community space directly behind unit 2 and a long driveway for access or parking. Close proximity to multiple markets, shops, and banks.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 6,560 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Global Family School
Grades K-5 • 0.1 mi
Allendale Elementary School
Grades K-5 • 0.8 mi
International Community School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,333 | - | 60% |
| Lot Size | 6,560 | 4,302 | 70% |
| Price | $585.0K | $575.0K | 50% |
| Price per sq ft | $439 | $0 | 90% |
| Built year | 1923 | 1936 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 193 | 20% |
Pricing History
Listed for Sale
Jan 21, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$595,000
Initial Listing
Sold
Jul 13, 2018
$550,000
Public Record