2426 57th Ave, Oakland, California 94605, Oakland, 94605 - bed, bath
ACTIVE$995,000
2426 57th Ave, Oakland, California 94605
0Bed
0Bath
Sqft
5,000Lot
Year Built
1966
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41109851
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $995.0K(80th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
Price History
Date
Event
Price
08/30/25
Listing
$995,000
Condition Rating
Fair
Built in 1966, this property is 58 years old. While the exterior appears to have been maintained with fresh paint and updated windows, there are no interior images to assess the condition of the kitchen, bathrooms, flooring, or other critical systems. Given its age and the absence of explicit renovation details, it's highly probable that the interior, especially the kitchen and bathrooms, are functional but outdated in style and features, requiring minor updates or repairs to meet current standards. This aligns with the 'Fair' condition criteria for an aged but maintained property.
Pros & Cons
Pros
Strong Income Potential: As a quadruplex (four-unit residential income property), it offers significant cash flow and investment diversification opportunities.
Desirable Urban Location: Situated in Oakland, California, a major Bay Area city known for its robust rental market and potential for property value appreciation.
Established Construction Era: Built in 1966, the property likely possesses solid construction, potentially reducing immediate structural concerns compared to much older buildings.
Generous Lot Size: A 5000 sq ft lot provides ample space for a multi-unit dwelling, potentially allowing for tenant amenities or future expansion (subject to zoning).
Competitive Price Point: A list price of $995,000 for a quadruplex in the Oakland market could represent a strong investment opportunity, depending on current rental income and condition.
Cons
Potential for Deferred Maintenance/Capital Expenditures: Built in 1966, the property is likely to require updates to major systems (e.g., plumbing, electrical, HVAC, roof) to meet modern standards and tenant expectations, incurring significant costs.
Lack of Detailed Financials/Unit Condition: Absence of information regarding current rental income, unit configurations, or interior condition makes it difficult to assess immediate profitability and potential renovation needs without further due diligence.
Unusual Listing Dates: The 'on_market_date' and 'modified_timestamp' being in the future (2025) for an 'Active' listing suggests a data anomaly or pre-market status, which requires clarification for accurate assessment of availability and market timing.