2314 84th Ave, Oakland, California 94605, Oakland, 94605 - 2 bed, 1 bath
ACTIVE$399,999$800/sqft
Est. Value: $345,115
-13%
AboveEstimate
2314 84th Ave, Oakland, California 94605
2Beds
1Bath
800Sqft
5,314Lot
Price Vs. Estimate
The estimated value ($345,115.32) is $54,883.68 (13%) lower than the list price ($399,999). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Potential: The property is explicitly described as a 'prime opportunity' and 'value-driven investment' with clear potential for increased future income due to below-market tenant rent.
Top Cons:
As-Is Sale Condition: The property is 'Offered as-is,' indicating the seller will not perform repairs, which could necessitate immediate and potentially significant investment from the buyer.
Compared to the nearby listings
Price:$400.0K vs avg $711.0K ($-311,001)7%
Size:800 sqft vs avg 1,338.5 sqft5%
Price/sqft:$500 vs avg $50250%
More Insights
Built in 1940 (86 years old).
Condition: Built in 1940 and offered 'as-is,' this property likely has original or very outdated systems and finishes. The lack of interior photos, combined with the 'as-is' condition and the age of construction, strongly suggests that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) require substantial repairs and rehabilitation to meet current standards. The exterior images show a dated appearance and a boarded-up auxiliary structure, indicating significant deferred maintenance.
Year Built
1940
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
41121349
Home ConditionPoor
Features
View-
About this home
This property offers a prime opportunity in Oakland, situated on a well-located lot with convenient access to local amenities and transportation. Offered as-is, the home is ideal for buyers seeking a value-driven investment, with potential for increased future income due to the current below-market tenant rent.
A
Anna Oliver
Listing Agent
Nearby schools
3/10
East Oakland Pride Elementary School
Public,•K-5•0.4mi
3/10
Parker Elementary School
Public,•K-8•0.5mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.9mi
2/10
Frick Middle School
Public,•6-8•1.2mi
1/10
Castlemont High
Public,•9-12•0.2mi
2/10
Fremont High
Public,•9-12•2.6mi
2/10
Oakland International High School
Public,•9-12•7.2mi
Condition Rating
Poor
Built in 1940 and offered 'as-is,' this property likely has original or very outdated systems and finishes. The lack of interior photos, combined with the 'as-is' condition and the age of construction, strongly suggests that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) require substantial repairs and rehabilitation to meet current standards. The exterior images show a dated appearance and a boarded-up auxiliary structure, indicating significant deferred maintenance.
Pros & Cons
Pros
Investment Potential: The property is explicitly described as a 'prime opportunity' and 'value-driven investment' with clear potential for increased future income due to below-market tenant rent.
Strategic Location & Accessibility: Situated in 'East Oakland' on a 'well-located lot' offering 'convenient access to local amenities and transportation'.
Income Growth Opportunity: The existing below-market tenant rent provides a direct path for investors to increase future rental income, enhancing profitability.
Substantial Lot Size: A 5314 sqft lot offers ample outdoor space, potential for landscaping, gardening, or future expansion/ADU development, a significant asset in urban areas.
Accessible Price Point: Listed at $399,999, this single-family home presents a competitive and accessible entry price for the Oakland market, appealing to a broad range of buyers.
Cons
As-Is Sale Condition: The property is 'Offered as-is,' indicating the seller will not perform repairs, which could necessitate immediate and potentially significant investment from the buyer.
Age of Construction: Built in 1940, the home is an older property, suggesting potential for outdated systems (electrical, plumbing, HVAC) and a need for modernization or deferred maintenance.
Compact Living Space: With only 800 sqft, the interior living area is relatively small, which may limit its appeal to buyers seeking more spacious accommodations or larger families.