2615 Humboldt Ave, Oakland, California 94602, Oakland, 94602 - 4 bed, 2 bath
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Oakland, California 94602
This High-Potential Investment Opportunity features a List Price of $749,950—positioned well below the $778,697 Fair Market Value by 3%. This valuation gap offers $28,747 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic updates to modernize its vintage 1930s infrastructure. The Dual-Unit Configuration on a 9,131 sqft lot provides significant upside for rental income or multigenerational living. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2615 Humboldt Ave Subject | $749,950* List Price | 4 | 2 | 1,411 | $552 | - |
A 3231 Wisconsin St Sold | $772,000 | 3 | 1 | 1,542 | $501 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930, the property is well-maintained with fresh interior paint and newer carpeting, but the kitchen and bathrooms are significantly dated (likely 20+ years old) featuring linoleum flooring and basic white appliances. While functional and move-in ready, the home requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9131, living area = 1411.
The property features two separate homes on a single lot, providing exceptional versatility for rental income, multigenerational living, or house-hacking opportunities in a high-demand market.
Boasting a 9,131 sqft lot, the property offers significant outdoor space, including a private backyard, garden area, and a long driveway, which is a rare find for the Fruitvale neighborhood.
With a total of 1,411 square feet split between two homes, the individual living spaces are relatively small, which may limit appeal for families requiring larger interior footprints.
Built in 1930, the property may require significant capital expenditures for modernizing core systems such as plumbing, electrical, or foundation to meet current building standards.
Rare Oakland Opportunity! Two homes on one lot with a detached carport, long driveway, private backyard, garden area, sizeable lot and two rear storage units. Each home features 2 bedrooms, 1 bathroom, a fireplace, and a spacious kitchen. Perfect for owner-occupants, multigenerational living, or investors seeking rental income. Come experience the charm and versatility of 2615 Humboldt Ave!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,411 | 1,587.5 |
| Lot Size | 9,131 | 5,000 |
| Price | $750.0K | $1.06M |
| Price per sq ft | $532 | $623 |
| Built year | 1930 | 1928 |
| HOA | $0 | $338 |
| Days on market | 8 | 35 |
Jul 14, 2026
$749,950
Initial Listing