2550 Pleasant St, Oakland, California 94602, Oakland, 94602 - bed, bath
ACTIVE$849,000
2550 Pleasant St, Oakland, California 94602
0Bed
0Bath
Sqft
4,150Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Producing Triplex: The property is a triplex with three individual units (one 2-bedroom, two 1-bedroom), explicitly marketed as an income-producing asset, ideal for investors seeking rental revenue.
Top Cons:
Age of Property: Built in 1910, the property's age may imply potential for ongoing maintenance needs or outdated systems not explicitly mentioned as updated, beyond electrical and sewer lateral.
Compared to the nearby listings
Price:$849.0K vs avg $924.5K ($-75,500)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1910 (115 years old).
Condition: Built in 1910, this property shows its age, particularly in the kitchens and bathrooms. While significant functional updates like newer electrical meters and sewer lateral compliance are positive, and the backyard is recently updated, the interior aesthetics are largely dated. One bathroom (Image 3) exhibits considerable wear on the vanity and outdated flooring, requiring immediate cosmetic renovation. The second bathroom (Image 6) is slightly better but still features older fixtures and finishes. Kitchens are not fully showcased, but visible appliances and flooring suggest they are not modern. The property is maintained but requires substantial cosmetic updates to meet contemporary standards.
Year Built
1910
Close
-
List price
$849K
Original List price
$899K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41093452
Home ConditionFair
Features
Good View:
Patio
View-
About this home
Great income-producing property in Oakland's Diamond District. This property has a charming design throughout. There are 3 individual units, one two bedroom one bath and two one bdrm one bath. The home boasts enticing features throughout, with gorgeous large windows, light-filled rooms, and hardwood floors throughout most of the units. This property checks all the boxes! It's sewer lateral compliant and features newer, separate electrical meters for each unit, ideal for easy management and long-term value. The recently updated backyard is the perfect low-maintenance space for relaxing or entertaining, complete with a mature avocado tree that produces an abundance of delicious avocados! Enjoy seamless access to I-580 and Hwy 13 for an easy commute, along with nearby BART and multiple public transit options. Just a short stroll away, the vibrant Dimond District awaits, offering trendy restaurants, unique shops, scenic parks, and so much more!
Nearby schools
4/10
Fruitvale Elementary School
Public,•K-5•0.2mi
5/10
Sequoia Elementary School
Public,•K-5•0.5mi
5/10
Glenview Elementary School
Public,•K-5•0.6mi
2/10
Bret Harte Middle School
Public,•6-9•0.7mi
6/10
Edna Brewer Middle School
Public,•6-8•0.8mi
4/10
Oakland High School
Public,•9-12•1.1mi
2/10
Fremont High
Public,•9-12•1.7mi
4/10
Skyline High School
Public,•9-12•3.0mi
2/10
Oakland International High School
Public,•9-12•3.4mi
Condition Rating
Fair
Built in 1910, this property shows its age, particularly in the kitchens and bathrooms. While significant functional updates like newer electrical meters and sewer lateral compliance are positive, and the backyard is recently updated, the interior aesthetics are largely dated. One bathroom (Image 3) exhibits considerable wear on the vanity and outdated flooring, requiring immediate cosmetic renovation. The second bathroom (Image 6) is slightly better but still features older fixtures and finishes. Kitchens are not fully showcased, but visible appliances and flooring suggest they are not modern. The property is maintained but requires substantial cosmetic updates to meet contemporary standards.
Pros & Cons
Pros
Income-Producing Triplex: The property is a triplex with three individual units (one 2-bedroom, two 1-bedroom), explicitly marketed as an income-producing asset, ideal for investors seeking rental revenue.
Prime Location & Amenities: Situated in Oakland's vibrant Dimond District, offering residents easy access to trendy restaurants, unique shops, and scenic parks, enhancing tenant appeal and property value.
Key Infrastructure Updates: Features significant updates including sewer lateral compliance and newer, separate electrical meters for each unit, simplifying management and reducing future capital expenditures.
Charming Interior & Hardwood Floors: Boasts a charming design with gorgeous large windows, light-filled rooms, and hardwood floors throughout most units, contributing to a desirable living environment.
Excellent Commuter Access: Provides seamless access to major freeways (I-580, Hwy 13), BART, and multiple public transit options, making it highly convenient for commuters.
Cons
Age of Property: Built in 1910, the property's age may imply potential for ongoing maintenance needs or outdated systems not explicitly mentioned as updated, beyond electrical and sewer lateral.
Lack of Dedicated Parking: The description does not mention any dedicated parking facilities for the three units, which could be a significant drawback for tenants in an urban setting.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $899,000 to $849,000, which could indicate initial overpricing or a slower market response.