2562 60th Ave, Oakland, California 94605, Oakland, 94605 - 5 bed, 4 bath
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2562 60th Ave
Oakland, California 94605
ACTIVE
CONDITION: FAIR
5Beds
4Baths
2,040Sq Ft
2,974Lot Size
Property Price
LIST PRICE$688,888
EST. MARKET VALUE
$752,253
8% BelowMARKET VALUE
SUMMARY
This Duplex Asset is a Strong Value Opportunity, listed at $688,888—positioned well below the $752,254 Fair Market Value by 8%. This valuation gap offers $63,366 in Instant Equity. Built in 2000, the property features a Fair Condition Rating with modern electrical systems and elevated views. Its dual-unit layout provides proven rental income potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through strategic house hacking.
Estimated Market Value
$752,253+$63,365 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2562 60th Ave Subject | $688,888* List Price | 5 | 4 | 2,040 | $369 | - |
A 5814 Fleming Ave Sold | $725,000 | 3 | 2 | 1,670 | $434 | 0.2 mi |
B 6021 Monadnock Way Sold | $747,500 | 3 | 2 | 1,865 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original features. While functional and well-maintained, the kitchen cabinetry and bathroom tile work are dated and would require cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The property functions as a well-maintained duplex with a proven rental history of over $3,000 per unit, offering excellent cash flow for investors or mortgage offset for owner-occupants.
- Modern Construction
Built in 2000, this home avoids the common hazards of older Oakland properties, such as lead paint and asbestos, while featuring updated electrical systems and an open-concept design.
- Ample Parking & Storage
Rare for the area, the property includes an attached garage plus an extensive driveway, providing significant off-street parking for multiple tenants or residents.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
With a lot size of just 2,974 square feet, there is minimal yard space for gardening or private outdoor recreation, which may deter families with pets or children.
- High Density for Lot Size
The 2,040 square foot structure occupies most of the parcel, resulting in high building-to-land density that limits future expansion or privacy between units.
About 2562 60th Ave
Fully vacant duplex! Live in one, rent out the other! Fantastic opportunity to own a well-maintained duplex with strong rental potential. Both units are currently vacant, offering flexibility for an owner-occupant or investor. The upstairs unit features a spacious 3-bedroom, 2-bath layout with an open-concept floor plan, abundant natural light, and a refreshing balcony with elevated views. The downstairs unit offers a comfortable 2-bedroom, 2-bath layout. The property also features an attached garage, extensive driveway, and ample off-street parking. Built in 2000, the property offers modern construction with modern electrical systems and the peace of mind of no lead paint or asbestos associated with older construction. Both units have previously rented for over $3,000 each, offering an attractive opportunity for investors or buyers looking to offset their housing costs with rental income. A versatile property with excellent potential for both owner-occupants and investors!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 2,974 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,040 | 1,630.086 |
| Lot Size | 2,974 | 5,044.686 |
| Price | $688.9K | $1.05M |
| Price per sq ft | $338 | $618 |
| Built year | 2000 | 1927 |
| HOA | $0 | $265 |
| Days on market | 26 | 37 |
Pricing History
Listed for Sale
Aug 14, 2026
$688,888
Initial Listing
Sold
Apr 21, 2011
$186,000
Public Record
Sold
Nov 9, 2006
$546,000
Public Record