2533 Cherokee Ave, Oakland, California 94605, Oakland, 94605 - 4 bed, 1 bath

2533 Cherokee Ave, Oakland, California 94605 home-pic-0
ACTIVE$447,000
2533 Cherokee Ave, Oakland, California 94605
4Beds
1Bath
1,343Sqft
4,800Lot

Price Vs. Estimate

The estimated value ($395,076.92) is $51,923.08 (11%) lower than the list price ($447,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Situated in the established 'Toler Heights' subdivision, known for its traditional homes, and benefits from a corner lot position.
Top Cons:
Limited Bathrooms: With only 1 bathroom for 4 bedrooms, the property may not meet the functional needs of larger households or modern buyer expectations.

Compared to the nearby listings

Price:$447.0K vs avg $730.0K ($-283,000)12%
Size:1,343 sqft vs avg 1,415 sqft46%
Price/sqft:$333 vs avg $51115%

More Insights

Built in 1939 (86 years old).
Condition: Built in 1939, this property is 85 years old with no mention of significant renovations. The MLS listing explicitly notes 'Property Age & Condition' as a weakness, indicating 'outdated systems and the need for significant renovations or upgrades.' The absence of interior photos, especially for the kitchen and the single bathroom (for 4 bedrooms), strongly suggests these critical areas are severely outdated and likely in poor condition, requiring substantial rehabilitation. Major systems are likely at or beyond their expected lifespan, necessitating significant repairs and updates.
Year Built
1939
Close
-
List price
$447K
Original List price
$447K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
41112275
Home ConditionPoor
Features
View-

About this home

Traditional Toler-Heights home. Fireplace in living room, attached garage, corner lot location.

Nearby schools

4/10
Howard Elementary School
Public,K-50.8mi
2/10
Grass Valley Elementary School
Public,K-51.8mi
2/10
Elmhurst Community Prep School
Public,6-80.6mi
2/10
Frick Middle School
Public,6-81.9mi
1/10
Castlemont High
Public,9-120.6mi
2/10
Fremont High
Public,9-123.2mi
2/10
Oakland International High School
Public,9-127.9mi
Condition Rating
Poor

Built in 1939, this property is 85 years old with no mention of significant renovations. The MLS listing explicitly notes 'Property Age & Condition' as a weakness, indicating 'outdated systems and the need for significant renovations or upgrades.' The absence of interior photos, especially for the kitchen and the single bathroom (for 4 bedrooms), strongly suggests these critical areas are severely outdated and likely in poor condition, requiring substantial rehabilitation. Major systems are likely at or beyond their expected lifespan, necessitating significant repairs and updates.
Pros & Cons

Pros

Desirable Location: Situated in the established 'Toler Heights' subdivision, known for its traditional homes, and benefits from a corner lot position.
Spacious Layout: Offers 4 bedrooms, providing ample space for families or potential for home office/guest rooms.
Attached Garage: Includes an attached garage, a highly desirable amenity for parking, storage, and direct home access.
Charming Features: A traditional home with a fireplace in the living room, adding character and warmth.
Competitive Price Point: Listed at $447,000, this 4-bedroom single-family home presents a relatively accessible entry point into the Oakland market.

Cons

Limited Bathrooms: With only 1 bathroom for 4 bedrooms, the property may not meet the functional needs of larger households or modern buyer expectations.
Property Age & Condition: Built in 1939, the home's age suggests potential for outdated systems and the need for significant renovations or upgrades, which are not mentioned as completed.
School Performance: Several nearby schools have low ratings (1s and 2s), which could be a deterrent for families prioritizing school quality.

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