2222 Inyo Ave, Oakland, California 94601, Oakland, 94601 - 5 bed, 2 bath
ACTIVE$699,888$2,566/sqft
Est. Value: $592,474
-15%
AboveEstimate
2222 Inyo Ave, Oakland, California 94601
5Beds
2Baths
2,566Sqft
7,160Lot
Price Vs. Estimate
The estimated value ($592,474.32) is $107,413.68 (15%) lower than the list price ($699,888). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Opportunity: Explicitly marketed as a rare single-family home investment opportunity, perfect for an owner-occupant or investor seeking high cash flow.
Top Cons:
As-Is Condition & Handyman Special: The property is explicitly sold 'AS-IS' and described as a 'Handyman Special,' indicating it requires significant repairs, renovations, and capital investment.
Compared to the nearby listings
Price:$699.9K vs avg $567.5K (+$132,388)71%
Size:2,566 sqft vs avg 1,153.5 sqft98%
Price/sqft:$273 vs avg $4336%
More Insights
Built in 1916 (110 years old).
Condition: The property, built in 1916, is explicitly marketed as an 'AS-IS, Handyman Special' requiring 'significant repairs, renovations, and capital investment.' The exterior image shows severe deferred maintenance, including extensive peeling paint, weathered wood, and worn stairs, indicating a lack of upkeep for many years. Given its age and the description, major systems (plumbing, electrical, HVAC) are almost certainly outdated and require comprehensive modernization. No interior images are provided, but the exterior condition and the listing's explicit language strongly suggest the interior is in a similar state of disrepair, necessitating substantial rehabilitation.
Year Built
1916
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$273
HOA
-
Days on market
-
Sold On
-
MLS number
41121277
Home ConditionPoor
Features
View-
About this home
Driveway leading to the large empty lot, approximately 3,000 ft. Rare single-family home investment opportunity perfect for an owner-occupant or investor seeking high cash flow. Handyman Special with Huge Potential! Tucked away on a quiet court. Don't miss this chance to create value and build equity in a desirable neighborhood. AS-IS, Sale
G
Gowthaman Gurusamy
Listing Agent
Condition Rating
Poor
The property, built in 1916, is explicitly marketed as an 'AS-IS, Handyman Special' requiring 'significant repairs, renovations, and capital investment.' The exterior image shows severe deferred maintenance, including extensive peeling paint, weathered wood, and worn stairs, indicating a lack of upkeep for many years. Given its age and the description, major systems (plumbing, electrical, HVAC) are almost certainly outdated and require comprehensive modernization. No interior images are provided, but the exterior condition and the listing's explicit language strongly suggest the interior is in a similar state of disrepair, necessitating substantial rehabilitation.
Pros & Cons
Pros
Investment Opportunity: Explicitly marketed as a rare single-family home investment opportunity, perfect for an owner-occupant or investor seeking high cash flow.
Value Creation Potential: Described as a 'Handyman Special with Huge Potential,' offering a clear path for buyers to create significant value and build equity through renovation.
Desirable & Quiet Location: Situated in a 'desirable neighborhood' and 'tucked away on a quiet court,' enhancing its appeal and quality of life.
Generous Lot Size: A substantial 7,160 sqft lot provides ample outdoor space, potential for landscaping, or future expansion in an urban setting.
Spacious Home with High Bed Count: With 5 bedrooms and 2,566 sqft, the property offers significant living space, accommodating larger families or providing flexibility for various living arrangements.
Cons
As-Is Condition & Handyman Special: The property is explicitly sold 'AS-IS' and described as a 'Handyman Special,' indicating it requires significant repairs, renovations, and capital investment.
Age of Property: Built in 1916, the home is over a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and the need for comprehensive modernization.
Substantial Renovation Budget Required: Directly stemming from its 'Handyman Special' and 'AS-IS' status, prospective buyers must factor in a considerable budget for renovations and upgrades beyond the purchase price.