2714 79th Ave, Oakland, California 94605, Oakland, 94605 - bed, bath

2714 79th Ave, Oakland, California 94605 home-pic-0
ACTIVE$745,000/sqft
2714 79th Ave, Oakland, California 94605
0Bed
0Bath
Sqft
4,375Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment Potential: Positioned as a 'Great Investment Opportunity with Strong Rent Upside' and classified as a 'Residential Income' triplex, offering multiple income streams for a new owner.
Top Cons:
Property Age & Potential for Updates: Built in 1925, the property's age may imply a need for ongoing maintenance, system updates (e.g., plumbing, electrical), or energy efficiency improvements in the future.

Compared to the nearby listings

Price:$745.0K vs avg $732.5K (+$12,500)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1925 (101 years old).
Condition: Built in 1925, this triplex is described as 'well-maintained' and in 'Reported Good Condition,' suggesting regular upkeep. However, its significant age implies that major systems (plumbing, electrical, HVAC) and interior finishes, including kitchens and bathrooms, are likely outdated, even if functional. The exterior image supports this, showing an older architectural style and materials that appear maintained but not recently updated. While not requiring substantial repairs, it would likely need minor to moderate updates to meet current aesthetic and efficiency standards.
Year Built
1925
Close
-
List price
$745K
Original List price
$745K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41120236
Home ConditionFair
Features
Deck
View-

About this home

Great Investment Opportunity with Strong Rent Upside! Well-maintained triplex located on a quiet cul-de-sac surrounded primarily by single-family residences. All units feature separate entrances, offering privacy and strong tenant appeal. The front building is a duplex with Unit A (lower) and Unit B (upper). The rear building is a two-story standalone structure comprising Unit C, complete with a private yard. Each unit includes off-street parking (one space per unit).

V
Varnell Owens
Listing Agent

Nearby schools

3/10
East Oakland Pride Elementary School
Public,K-50.5mi
2/10
Markham Elementary School
Public,K-50.5mi
3/10
Parker Elementary School
Public,K-80.2mi
2/10
Frick Middle School
Public,6-80.9mi
1/10
Castlemont High
Public,9-120.5mi
2/10
Fremont High
Public,9-122.3mi
2/10
Oakland International High School
Public,9-126.9mi

Price History

Date
Event
Price
09/15/95
Sold
$2,222,727
12/23/10
Sold
$177,500
12/08/03
Sold
$520,000
Condition Rating
Fair

Built in 1925, this triplex is described as 'well-maintained' and in 'Reported Good Condition,' suggesting regular upkeep. However, its significant age implies that major systems (plumbing, electrical, HVAC) and interior finishes, including kitchens and bathrooms, are likely outdated, even if functional. The exterior image supports this, showing an older architectural style and materials that appear maintained but not recently updated. While not requiring substantial repairs, it would likely need minor to moderate updates to meet current aesthetic and efficiency standards.
Pros & Cons

Pros

Strong Investment Potential: Positioned as a 'Great Investment Opportunity with Strong Rent Upside' and classified as a 'Residential Income' triplex, offering multiple income streams for a new owner.
Enhanced Tenant Privacy & Appeal: All units feature separate entrances, fostering privacy and making the property highly attractive to prospective tenants.
Desirable Neighborhood Setting: Located on a quiet cul-de-sac, predominantly surrounded by single-family residences, contributing to a stable and appealing living environment.
Valuable Off-Street Parking: A significant amenity in urban settings, each unit is allocated its own off-street parking space, adding convenience and value for tenants.
Reported Good Condition: The property is described as a 'well-maintained triplex,' suggesting it has been cared for, potentially reducing immediate capital expenditures for a new owner.

Cons

Property Age & Potential for Updates: Built in 1925, the property's age may imply a need for ongoing maintenance, system updates (e.g., plumbing, electrical), or energy efficiency improvements in the future.
Sub-Optimal School Ratings: Several nearby public schools, including high schools, exhibit low ratings (1-2 out of 10), which could be a consideration for families and potentially impact long-term property value appreciation or tenant demographics.
Modest Lot Size: With a lot size of 4375 sq ft, the property offers limited outdoor communal space beyond the private yard for Unit C, which might restrict future expansion or amenity development.
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