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2162 45th Avenue, Oakland, California 94601, Oakland, 94601 - 2 bed, 1 bath

2162 45th Avenue, Oakland, California 94601 home-pic-0
ACTIVE$428,000
2162 45th Avenue, Oakland, California 94601
2Beds
1Bath
792Sqft
2,065Lot
Year Built
1927
Close
-
List price
$428K
Original List price
$475K
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024856
Home ConditionPoor
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $428.0K(22th), sqft - 792(16th), beds - 2(50th), baths - 1(50th).

Price improved! Don't miss out this great opportunity! Property is best suited for a well-funded, experienced, rehab property buyer. Step into this charming home featuring an inviting open floor plan with a spacious family and dining area plus a cozy fireplace, perfect for relaxing or entertaining. The kitchen offers ample cabinetry and storage, while the two oversized bedrooms provide plenty of comfort and versatility. The recently renovated bathroom features a stylish shower-over-tub design, and the original hardwood floors throughout add timeless warmth and character. Kitchen and family, dining area has recessed lights. Other highlights include a newer furnace and sewer lateral compliance for peace of mind. Enjoy the enclosed front patio and a private backyard, ideal for outdoor gatherings or quiet mornings. The attached garage is ready for an ADU conversion, offering great potential for additional income. Currently rented at $2,200/month, and once the ADU is completed, you will have additional 566 sq.ft. living space and could earn an estimated total of $3,300/month!

Nearby schools

2/10
Horace Mann Elementary School
Public,•K-5•0.4mi
3/10
United For Success Academy
Public,•6-8•0.7mi
4/10
Urban Promise Academy
Public,•6-8•1.0mi
2/10
Frick Middle School
Public,•6-8•1.4mi
2/10
Fremont High
Public,•9-12•0.2mi
2/10
Oakland International High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
11/11/25
Price Change
$428,000-9.9%
10/20/25
Listing
$475,000
Condition Rating
Poor
Built in 1927, this property is explicitly marketed as 'best suited for a well-funded, experienced, rehab property buyer,' indicating a need for 'significant investment and renovation work beyond cosmetic updates.' While the bathroom is 'recently renovated' and there's a 'newer furnace,' the kitchen is described only as having 'ample cabinetry' with no mention of modern appliances or style, suggesting it is likely dated. Original hardwood floors may require refinishing, and images reveal unfinished or basic storage areas that need rehabilitation. Despite some updates, the overall condition points to substantial repairs and rehabilitation required throughout the property to meet current quality standards.
Pros & Cons

Pros

Income Potential & ADU Conversion: Offers immediate rental income of $2,200/month with significant potential to increase to an estimated $3,300/month by converting the attached garage into an ADU, adding 566 sq.ft. of living space.
Recent Essential Upgrades: Provides peace of mind with a newer furnace and confirmed sewer lateral compliance, addressing common maintenance concerns in older homes.
Charming Interior Features: Boasts an inviting open floor plan, a cozy fireplace, original hardwood floors throughout, and recessed lighting in key living areas, enhancing its character and appeal.
Renovated Bathroom & Functional Kitchen: Features a recently renovated bathroom with a stylish shower-over-tub design and a kitchen offering ample cabinetry and storage, contributing to modern comfort and utility.
Outdoor Living Space & Price Improvement: Includes an enclosed front patio and a private backyard, ideal for outdoor enjoyment, complemented by a recent price reduction from $475,000 to $428,000, making it more attractive.

Cons

Targeted Buyer Profile: Explicitly stated as 'best suited for a well-funded, experienced, rehab property buyer,' indicating that significant investment and renovation work may be required beyond cosmetic updates.
Compact Living & Lot Size: With 792 sqft of living space and a 2065 sqft lot, the property offers a relatively small footprint, which might not suit all buyer needs or future expansion plans (outside of the ADU).
Age of Property: Built in 1927, the home is nearly a century old, which can imply potential for deferred maintenance or systems that may require updating, despite some recent improvements.

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