
Oakland, California 94605
This Turnkey Residential Income Duplex is listed at $749,000, positioned near its $726,202 Fair Market Value. Boasting a Condition Rating of 2, the property features extensive upgrades including modern kitchens with stone countertops, stainless steel appliances, and updated flooring. The corner lot provides four parking spaces, while separate utility meters and sewer compliance minimize owner overhead. Despite lower ratings at East Oakland Pride Elementary and Parker Elementary, the property’s renovated state and immediate cash flow offer long-term stability. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2504 2504 78th Ave Subject | $749,000* List Price | 0 | 0 | 2,095 | $347 | - |
A 7876 Bancroft Avenue Active | $588,520 List Price | 0 | 0 | 1,832 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1943, the property has undergone extensive recent renovations that align with modern quality standards. The interiors feature updated kitchens with white shaker-style cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been modernized with contemporary vanities and tile work. Additional upgrades include recessed lighting, updated flooring throughout, and separate utility meters, indicating a comprehensive overhaul of major systems and finishes.
The property features separate meters for water, gas, and electricity, along with individual laundry rooms for each unit, which simplifies management and reduces owner overhead.
Situated on a corner lot, the property offers a large driveway with four parking spaces, providing a significant convenience and value add in a high-density urban area.
The duplex is sewer lateral compliant and fully tenant-occupied, offering immediate cash flow and reduced upfront regulatory costs for the new investor.
The local public schools are rated poorly (1-3 out of 10), which may limit the property's appeal to families and impact long-term appreciation potential.
Being fully tenant-occupied may present challenges for owner-occupant buyers or those looking to perform immediate extensive renovations due to local tenant protection regulations.
Corner lot duplex with large driveway and 4 parking spaces. Unit 1 features 2 bedrooms and 1 bathroom; Unit 2 offers 3 bedrooms and 2 bathrooms with generous room sizes. Both units are tenant occupied, providing great income potential. Sewer lateral compliant. Separate water, gas, and electric meters. Each unit includes its own laundry room for added convenience.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-8 • 0.5 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 | 2,095 | 2,095 | 50% |
| Lot Size | 5,000 | 4,720 | 57% |
| Price | $749.0K | $720.0K | 57% |
| Price per sq ft | $358 | $294 | 57% |
| Built year | 1943 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 204 | 14% |
Mar 6, 2026
$749,000
Initial Listing
Jul 20, 2022
$675,000
Public Record