
Oakland, California 94602
This Turnkey Multi-Family Asset is a Strong Value Opportunity listed at $788,888, aligning with its $788,888 Fair Market Value after a substantial $118,112 price reduction. Boasting a Condition Rating of 3, the interior features updated kitchens with stone countertops, stainless steel appliances, and hardwood floors. Located in the Diamond District near Sequoia Elementary, the property offers high rental demand and immediate occupancy. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, income-generating home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2257 Macarthur Blvd. Subject | $788,888* List Price | 0 | 0 | 1,720 | $459 | - |
A 1621 E 38th St Sold | $758,500 | 0 | 0 | 1,631 | $465 | 0.5 mi |
B 3064 Curren Ave Sold | $645,000 | 0 | 0 | 0 | 0.6 mi | |
C 3300 Brookdale Ave Sold | $1,025,000 | 0 | 0 | 0 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1911, the property is move-in ready and has undergone significant interior updates. The kitchens feature modern cabinetry, stone countertops, and stainless steel appliances, while the bathrooms have been updated with contemporary vanities and tile work. The interior maintains well-preserved hardwood floors and updated light fixtures. While the building's age suggests potential long-term infrastructure needs, the current condition of the living spaces is well-maintained and updated.
As a duplex in the desirable Diamond District, this property offers excellent flexibility for owner-occupants looking to house-hack or investors seeking steady rental income in a high-demand area.
A significant $100,000 price reduction from the original listing price enhances the property's value proposition and positions it attractively within the local multi-family market.
Situated in the heart of the Diamond District, the property benefits from high walkability to local amenities, shops, and transit, ensuring strong long-term tenant appeal.
Built in 1911, the property may require substantial capital expenditures for modernizing essential systems such as plumbing, electrical, or foundation work to meet modern standards.
With a modest lot size of 3,040 square feet, the property offers minimal private outdoor area, which may be a drawback for tenants or owners with pets or children.
Exceptional opportunity in Oakland. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,720 | 1,725 | 43% |
| Lot Size | 3,040 | 4,400 | 29% |
| Price | $788.9K | $788.9K | 50% |
| Price per sq ft | $459 | $391 | 57% |
| Built year | 1911 | 1925 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 148 | 43% |
Mar 3, 2026
$788,888
$807,000
-2% Price Drop
Initial Listing
Feb 3, 2026
$807,000
$907,000
-11% Price Drop
Initial Listing
Dec 8, 2025
$907,000
Initial Listing
Jul 29, 2005
$655,000
Public Record
Nov 5, 2003
$360,000
Public Record