2425 Park Blvd, Oakland, California 94606, Oakland, 94606 - 0 bed, 0 bath
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2425 Park Blvd
Oakland, California 94606
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,911Sq Ft
5,074Lot Size
Property Price
LIST PRICE$600,000
EST. MARKET VALUE
$594,393
SUMMARY
This 1913 duplex represents a Strong Value Opportunity, listed at a List Price of $600,000—positioned well below the $594,394 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Condition Rating of 4, this Residential Income asset offers a vacant lower unit for immediate occupancy or renovation. With five off-street parking spaces and proximity to Crocker Highlands Elementary (9/10), it provides rare utility in the Ivy Hill corridor. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$594,393
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2425 Park Blvd Subject 0 bd · 0 ba · 1,911 sqft · $311 | $600,000* List Price | 0 | 0 | 1,911 | $311 | - |
A 950 Loomis Ct Sold 0 bd · 0 ba · 1,694 sqft · $272 · 0.9 mi | $460,000 | 0 | 0 | 1,694 | $272 | 0.9 mi |
B 1718 6th Avenue Sold 0 bd · 0 ba · 2,428 sqft · $308 · 0.5 mi | $747,500 | 0 | 0 | 2,428 | $308 | 0.5 mi |
C 617 619 Cleveland Sold 0 bd · 0 ba · 0 sqft · 0.3 mi | $625,000 | 0 | 0 | 0 | 0.3 mi | |
D 738 E 19th St Active 0 bd · 0 ba · 2,023 sqft · $380 · 0.4 mi | $769,000 List Price | 0 | 0 | 2,023 | $380 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1913, the property features a kitchen renovation that appears to be 20-30 years old with dated oak cabinetry and aging appliances. While functional and separately metered, the exterior and interior finishes show signs of age and deferred maintenance, requiring cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Exceptional Value Proposition
At only $279 per square foot and $300,000 per unit, this duplex offers a highly competitive entry point for the Oakland market, especially for spacious three-bedroom configurations.
- Abundant Off-Street Parking
The property includes five dedicated off-street parking spaces, a rare and high-value amenity in the densely populated Ivy Hill neighborhood that significantly enhances tenant appeal.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1913, the property likely requires ongoing maintenance and potential capital improvements to modernize century-old systems and structural elements.
- Below-Market Existing Rent
The upper unit is currently occupied at $1,625, which is significantly below market rate for a three-bedroom, two-bath unit, limiting immediate cash flow upside for that portion of the asset.
About 2425 Park Blvd
$279 a square foot buys a three-bedroom flat to live in, plus a second one upstairs. 2425 Park Blvd is a 1913 duplex on the Park Boulevard corridor east of Lake Merritt, with AC Transit's 33 line on the street and five off-street parking spaces behind the building. The lower unit is vacant: 1,080 SF, three bedrooms, two baths, a private side entrance, and a 15-foot kitchen. The upper unit is 1,068 SF with three bedrooms, two baths, and two walk-in closets, occupied at $1,625. Gas and electric are separately metered. $600,000. $279/SF. $300,000 per unit. $60,300 estimated current income, 6.2% CAP, 10.0 GRM. Live downstairs or lease both. Call to tour the vacant lower flat.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1913
- Lot Size
- 5,074 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.2 mi
7/10
Bella Vista Elementary School
Grades K-5 • 0.4 mi
4/10
Franklin Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,911 | 2,403.227 |
| Lot Size | 5,074 | 4,461.364 |
| Price | $600.0K | $900.8K |
| Price per sq ft | $314 | $343 |
| Built year | 1913 | 1919 |
| HOA | $0 | $0 |
| Days on market | 5 | 67 |
Pricing History
Listed for Sale
Oct 19, 2026
$600,000
Initial Listing