2605 Prentiss Pl, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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2605 Prentiss Pl
Oakland, California 94601
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,725Sq Ft
5,000Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$777,873
SUMMARY
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $777,873 Fair Market Value by -2%. Featuring a Condition Rating of 3, this turnkey asset includes a rare, assumable 2.75% FHA loan, significantly lowering the cost of capital. With updated interiors and a flexible unit configuration, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack. While local school ratings vary, the property’s immediate rental readiness and financing advantage provide a distinct competitive edge in the Oakland market.
Estimated Market Value
$777,873
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1947, the property has undergone significant updates to the interiors. The kitchens feature newer cabinetry, subway tile backsplashes, and butcher block or laminate counters. The flooring has been updated to modern laminate, and the exterior shows dual-pane windows. It is move-in ready and well-maintained, consistent with a 5-15 year renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
- Exceptional Financing
The property features a rare assumable FHA loan at a 2.75% interest rate, providing a significant financial advantage and lower monthly payments compared to current market rates.
- Turnkey Condition
Both units are fully updated and rental-ready with modern interiors, allowing for immediate occupancy or leasing without the need for additional renovation capital.
CONSRISKS & DEFICIENCIES
- Low Local School Ratings
Most assigned public schools in the immediate Fruitvale area carry low performance ratings (2/10), which may deter families and impact long-term resale value.
- Aging Infrastructure
Built in 1947, the property may require ongoing maintenance and potential upgrades to core systems typical of mid-century structures, despite the recent interior updates.
About 2605 Prentiss Pl
Rare assumable 2.75% loan. This is the deal buyers have been waiting for. Welcome to 2605 Prentiss Place, a fully updated, rental-ready duplex, and the standout feature here isn't just the property, it's the financing. This home comes with an FHA loan assumable at 2.75%, a rate that simply doesn't exist in today's market, letting a qualifying buyer take over payments at a fraction of current rates. The duplex offers two well-configured, updated units: a 2-bedroom, 1-bath and a 1-bedroom, 1-bath, both ready to lease. House-hack by living in one unit and renting the other, or add a cash-flowing asset to your portfolio. A detached garage plus ample additional parking round out the package. With updated interiors, strong rental fundamentals, and an assumable rate that changes the entire math of ownership, this is an opportunity that won't last. Schedule your showing today.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1947
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Manzanita Seed
Grades K-5 • 0.3 mi
3/10
Fruitvale Elementary School
Grades K-5 • 0.6 mi
4/10
Global Family School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,725 | 2,530.25 |
| Lot Size | 5,000 | 4,390.625 |
| Price | $799.0K | $918.2K |
| Price per sq ft | $463 | $343 |
| Built year | 1947 | 1921 |
| HOA | $0 | $0 |
| Days on market | 19 | 66 |
Pricing History
Listed for Sale
Aug 21, 2026
$799,000
Initial Listing
Sold
Jul 21, 2021
$868,500
Public Record
Sold
Jan 19, 2016
$415,000
Public Record
Sold
Jul 9, 2015
$340,000
Public Record