2531 E 11th St, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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Oakland, California 94601
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $675,000, positioned well below the $705,226 Fair Market Value by 4%. This valuation gap offers $30,226 in Instant Equity. Featuring a Good Condition Rating with a new roof and stucco exterior, the property provides immediate rental stability. Proximity to Lincoln Middle School (9/10) and Alameda High (9/10) enhances long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2531 E 11th St Subject | $675,000* List Price | 0 | 0 | 2,401 | $294 | - |
A 2539 Grande Vista Ave Sold | $822,000 | 0 | 0 | 2,377 | $346 | 1.0 mi |
B 1656 33rd Ave Sold | $555,000 | 0 | 0 | 2,496 | $222 | 0.7 mi |
C 827 827 34th Ave Active | $669,500 List Price | 0 | 0 | 2,522 | $265 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1904 build date, the property is rated 'Good' due to significant recent capital improvements including a new roof, fresh stucco exterior, and newly installed iron staircases. The listing describes the duplex as well-maintained and move-in ready, indicating that while the structure is old, the essential systems and exterior are updated.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
As a duplex featuring a 4-bedroom upper unit and a 3-bedroom lower unit, this property offers significant income-generating potential or flexible multi-generational living options.
The property features a new roof, fresh stucco exterior, and newly installed iron staircases, which enhances curb appeal and reduces immediate maintenance costs for the buyer.
With a 2,401 sqft building footprint on a 2,500 sqft lot, there is very little yard or private outdoor space, which may limit appeal for families or pet owners.
Originally built in 1904, the property may have underlying aged systems common to century-old homes that require ongoing maintenance despite recent exterior upgrades.
Exceptional duplex investment opportunity in a highly desirable commuter, friendly location. The upper unit features 4 bedrooms and 2 bathrooms. Lower unit offers 3 bedrooms and 2 bathrooms, providing strong rental potential or multi-generational living options. New roof, fresh stucco exterior, and newly installed iron front and rear staircases, enhancing both curb appeal and long-term value. Conveniently located near major freeways. Enjoy easy access to restaurants, schools, shopping centers, and everyday amenities. Situated just across the bridge from Alameda, this property offers the perfect balance of accessibility, convenience, and investment potential. Whether you're an investor or an owner-occupant seeking rental income, this well-maintained duplex is a rare opportunity not to be missed.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,401 | 2,547 |
| Lot Size | 2,500 | 4,475 |
| Price | $675.0K | $860.2K |
| Price per sq ft | $281 | $344 |
| Built year | 1904 | 1920 |
| HOA | $0 | $0 |
| Days on market | 41 | 56 |
Jun 11, 2026
$675,000
Initial Listing
Jul 21, 2009
$245,454
Public Record
Mar 8, 2006
$588,000
Public Record