2550 Pleasant St, Oakland, California 94602, Oakland, 94602 - bed, bath

2550 Pleasant St, Oakland, California 94602 home-pic-0
ACTIVE$825,000
2550 Pleasant St, Oakland, California 94602
0Bed
0Bath
Sqft
2,551Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Income Potential: This triplex is explicitly marketed as a 'great income-producing opportunity,' featuring two 1-bedroom units and one 2-bedroom unit, providing multiple streams of rental revenue.
Top Cons:
Age-Related Maintenance & Systems: As a 1910 build, the property may require significant ongoing maintenance or updates to older systems (e.g., plumbing, electrical, HVAC) that are not specified as recently renovated, potentially incurring future costs.

Compared to the nearby listings

Price:$825.0K vs avg $912.5K ($-87,500)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1910 (115 years old).
Condition: This 1910 triplex, while externally maintained and offering charming architectural details, presents interiors that are significantly dated. The kitchens feature older appliances, laminate/vinyl flooring, and cabinets that appear to be from several decades ago. Bathrooms also show outdated fixtures and finishes. While functional and clean, the property has not undergone extensive modern renovations, aligning with the 'fair' criteria of being aged but maintained, with major components showing signs of being outdated and requiring minor updates to meet contemporary standards.
Year Built
1910
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41116306
Home ConditionFair
Features
Patio
View-

About this home

PUT YOUR OFFERS IN, SELLERS ARE MOTIVATED! Great income-producing Triplex in Oakland's Diamond District. Perfect for anyone looking for a great income-producing opportunity. You could live on one side, and rent the other units out, the possibilities are endless! This property has a charming design throughout. There are 3 individual units, two one bdrm one bath and one two bdrm one bath. The home boasts enticing features throughout, with gorgeous large windows, light-filled rooms, and hardwood floors throughout most of the bottom units. 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! With its close proximity to San Francisco, BART, and all public forms of transportation, this location is perfect for commuters. You’ll also be in walking distance to a variety of restaurants, shopping, churches, schools, regional parks, hiking trails, and more!

Nearby schools

4/10
Fruitvale Elementary School
Public,K-50.2mi
5/10
Sequoia Elementary School
Public,K-50.5mi
5/10
Glenview Elementary School
Public,K-50.6mi
2/10
Bret Harte Middle School
Public,6-90.7mi
6/10
Edna Brewer Middle School
Public,6-80.8mi
4/10
Oakland High School
Public,9-121.1mi
2/10
Fremont High
Public,9-121.7mi
4/10
Skyline High School
Public,9-123.0mi
2/10
Oakland International High School
Public,9-123.4mi

Price History

Date
Event
Price
02/23/00
Sold
$275,000
Condition Rating
Fair

This 1910 triplex, while externally maintained and offering charming architectural details, presents interiors that are significantly dated. The kitchens feature older appliances, laminate/vinyl flooring, and cabinets that appear to be from several decades ago. Bathrooms also show outdated fixtures and finishes. While functional and clean, the property has not undergone extensive modern renovations, aligning with the 'fair' criteria of being aged but maintained, with major components showing signs of being outdated and requiring minor updates to meet contemporary standards.
Pros & Cons

Pros

Strong Income Potential: This triplex is explicitly marketed as a 'great income-producing opportunity,' featuring two 1-bedroom units and one 2-bedroom unit, providing multiple streams of rental revenue.
Flexible Owner-Occupancy Option: The property offers the unique advantage of living in one unit while renting out the others, allowing an owner-occupant to significantly offset housing costs.
Exceptional Location & Accessibility: Located in Oakland's desirable Diamond District, it boasts close proximity to San Francisco, BART, public transportation, and is within walking distance to diverse amenities including restaurants, shopping, parks, and hiking trails.
Historic Charm & Interior Features: Built in 1910, the property retains a 'charming design throughout,' featuring 'gorgeous large windows, light-filled rooms, and hardwood floors' in the lower units, appealing to buyers seeking character.
Updated Low-Maintenance Backyard: The 'recently updated backyard' provides a 'low-maintenance space for relaxing or entertaining,' enhanced by a mature avocado tree that yields abundant fruit.

Cons

Age-Related Maintenance & Systems: As a 1910 build, the property may require significant ongoing maintenance or updates to older systems (e.g., plumbing, electrical, HVAC) that are not specified as recently renovated, potentially incurring future costs.
Mixed School Ratings: While some elementary schools nearby have high ratings, several middle and high schools in the immediate vicinity show lower performance ratings (e.g., 2/10), which could be a concern for families prioritizing top-tier public education for older children.
Limited Lot Size for Multi-Unit: With a lot size of 2,551 sqft for a triplex, the outdoor space is relatively compact, potentially limiting extensive tenant amenities or future expansion opportunities compared to properties with larger lots.

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