2607 23rd Ave, Oakland, California 94606, Oakland, 94606 - bed, bath
2607 23rd Ave
Oakland, California 94606
Property Price
SUMMARY
Analysis of 2607 23rd Ave, Oakland, California 94606 is currently available with a list price of $799,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1948, this triplex is well-maintained but shows its age through dated finishes. The kitchens feature traditional wood cabinets and older appliances (though some units have newer refrigerators), while bathrooms have functional but somewhat outdated vanities and light fixtures, despite some newer tile work. Flooring varies between hardwood, older-style tile, and carpet, all appearing clean but not recently updated to modern standards. The property is functional and livable, but would benefit from cosmetic updates to kitchens and bathrooms to meet current buyer expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Excellent Investment Opportunity
As a triplex located in the heart of Oakland's Highland Terrace, this property presents a strong opportunity for income generation and long-term investment.
- Immediate Rental Income
One unit (#2607) is already tenant-occupied, providing instant cash flow and reducing vacancy risk for a new owner.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Future Upgrades
Built in 1948, the property is over 75 years old, which may indicate older infrastructure (e.g., plumbing, electrical) that could require significant capital expenditures for modernization or major repairs in the long term, despite current maintenance.
- Owner-Occupied Unit
One unit (#2611) is owner-occupied, meaning a new investor cannot immediately maximize rental income from all three units without the current owner vacating, which could involve additional time, negotiation, or legal considerations.
- Listing Data Inconsistencies
The `on_market_date` and `modified_timestamp` are listed in the future (2025/2026), which is a significant data error that requires immediate clarification and could raise questions about the listing's accuracy or current status.
About 2607 23rd Ave
What a fantastic opportunity to own a tri-plex in the heart of Oakland. Located in the Highland Terrace, this property is an excellent investment! It features a duet (Unit #2607 and #2611) with 2 beds / 1 bath each. #2607 is tenant occupied, #2611 is owner occupied with laundry. One detached unit #2621 has also 2 beds /1 bath with its own backyard. Each unit comes with 1 parking space. All units are well maintained. Separate PGE and water meters.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1948
- Lot Size
- 6,715 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Manzanita Seed
Grades K-5 • 0.2 mi
Garfield Elementary School
Grades K-5 • 0.6 mi
Bella Vista Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | - | - | 50% |
| Lot Size | 6,715 | 4,300 | 67% |
| Price | $799.0K | $799.0K | 50% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1948 | 1923 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 219 | 13% |
Pricing History
Listed for Sale
Jan 8, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Price Change
Oct 30, 2025
$849,000
Initial Listing