2319 92nd Ave, Oakland, California 94603, Oakland, 94603 - bed, bath
ACTIVE$369,000
2319 92nd Ave, Oakland, California 94603
0Bed
0Bath
Sqft
3,906Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Dual Income Potential: The property features two separate 2-bedroom/1-bath houses on one lot, offering significant potential for rental income from both units or a live-in-one/rent-out-the-other strategy.
Top Cons:
Extensive Renovation Required: Both homes explicitly require extensive work, indicating substantial financial investment, time, and effort will be needed for repairs and upgrades.
Compared to the nearby listings
Price:$369.0K vs avg $525.0K ($-156,000)10%
Size: sqft vs avg 1,036 sqft2%
Price/sqft:$0 vs avg $4872%
More Insights
Built in 1917 (108 years old).
Condition: Built in 1917, the property's description explicitly states 'Both homes require extensive work, and the price is reflective of that.' The images confirm severe neglect, showing overgrown yards, dilapidated exteriors, worn roofs, and general disrepair. This indicates substantial repairs and rehabilitation are needed, with likely significant defects affecting safety and soundness, making it uncomfortable or unsafe to live in its current state.
Year Built
1917
Close
-
List price
$369K
Original List price
$369K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41117495
Home ConditionPoor
Features
View-
About this home
Two 2 bedroom/1 bath houses on one lot - each with separate addresses. Both homes require extensive work, and the price is reflective of that.
Price History
Date
Event
Price
03/08/96
Sold
$125,000
09/26/95
Sold
$50,000
12/13/12
Sold
$85,500
Condition Rating
Poor
Built in 1917, the property's description explicitly states 'Both homes require extensive work, and the price is reflective of that.' The images confirm severe neglect, showing overgrown yards, dilapidated exteriors, worn roofs, and general disrepair. This indicates substantial repairs and rehabilitation are needed, with likely significant defects affecting safety and soundness, making it uncomfortable or unsafe to live in its current state.
Pros & Cons
Pros
Dual Income Potential: The property features two separate 2-bedroom/1-bath houses on one lot, offering significant potential for rental income from both units or a live-in-one/rent-out-the-other strategy.
Investment Opportunity: Priced reflectively for its condition, this property presents a compelling fixer-upper opportunity for investors or owner-occupants willing to undertake extensive renovations to build equity.
Prime Location: Situated in Oakland, California, a dynamic Bay Area city, the property benefits from a strong real estate market, access to amenities, and potential for long-term appreciation.
Separate Addresses: Each home having a separate address enhances their independence, simplifying potential rental agreements, utility billing, and overall property management.
Lot Size: With a lot size of 3906 sq ft for two homes, there is potential for outdoor space, privacy between units, or even future expansion possibilities, subject to local zoning.
Cons
Extensive Renovation Required: Both homes explicitly require extensive work, indicating substantial financial investment, time, and effort will be needed for repairs and upgrades.
Age of Property: Built in 1917, the property is over a century old, which often implies outdated systems (electrical, plumbing), potential for lead paint/asbestos, and structural issues that will need addressing.
Condition (As-Is): The description suggests the property is likely being sold in 'as-is' condition, placing the burden of all necessary repairs and improvements squarely on the buyer.