2353 2353 83rd Ave, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Oakland Duplex presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $511,169 Fair Market Value by 2%. This valuation gap offers $12,169 in Instant Equity for buyers ready to modernize the 1952 structure. Featuring a Condition Rating of 4, the property offers "good bones" and a private patio, providing a clear path to forced appreciation through cosmetic updates. While situated in a low-rated school district, the dual-unit layout ensures strong rental utility. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2353 2353 83rd Ave Subject | $499,000* List Price | 0 | 0 | 1,464 | $349 | - |
A 8806 Dowling St Pending | $579,000 List Price | 0 | 0 | 1,571 | $369 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1952 duplex is in functional condition but is significantly outdated, consistent with the 'fair' criteria for properties built over 20 years ago with no major recent renovations. The kitchens feature older cabinetry and appliances, and the bathrooms show aged tiling and fixtures. While the property is described as having 'good bones,' it requires cosmetic updates, flooring repairs, and modernization of systems like the wall heaters to meet current market standards.
As a duplex with 'good bones,' this property offers a significant value-add opportunity to increase rental income through strategic finishing touches and renovations.
The property is ideal for both pure investors and owner-occupants looking to utilize 'house hacking' to offset mortgage costs by living in one unit while renting the other.
Priced under $500,000 in the Oakland market, this duplex represents an accessible entry point for multi-family real estate investment compared to regional averages.
The property requires finishing touches and updates, meaning buyers should budget for immediate renovation costs to realize the home's full market potential and rental value.
The assigned local schools carry low ratings (ranging from 1 to 3), which may limit the property's appeal to families and impact long-term resale appreciation.
Oakland Duplex. Good bones with room for some finishing touches to increase income, add your personal touch. Great opportunity to be an owner-occupant or purchase an investment property and find your own tenant.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-8 • 0.3 mi
Grades 6-8 • 1.0 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 | 1,464 | 1,750 | 43% |
| Lot Size | 5,181 | 4,720 | 57% |
| Price | $499.0K | $699.0K | 14% |
| Price per sq ft | $341 | $294 | 57% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 204 | 14% |
Mar 9, 2026
$499,000
Initial Listing
Oct 31, 2022
$501,000
Public Record
Aug 19, 1999
$96,000
Public Record