2731 E 11th Street, Oakland, California 94601, Oakland, 94601 - 4 bed, 3 bath
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Oakland, California 94601
This Mixed-Use Value-Add Asset is listed at $769,000, currently positioned above the $687,738 Fair Market Value due to its rare commercial-residential versatility. The property carries a Condition Rating of 5, requiring a full-scale renovation to modernize its 1900s systems and finishes. Spanning four stories in a Mild Industrial Area, the layout includes a Patio, a garage with workshop space, and Zoning Flexibility for diverse ventures. Located near Top-Rated Schools like Lincoln Middle and Alameda High, this is a strategic project for Fix-and-Flip Investors or Contractors looking to maximize a high-utility footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2731 E 11th Street Subject | $769,000* List Price | 4 | 3 | 2,500 | $275 | - |
A 2819 E 23rd Street Sold | $565,000 | 3 | 2 | 1,781 | $317 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This property, built in 1900, is in need of substantial repairs and rehabilitation. The kitchen features dated light wood cabinets, older white and black appliances, and a dated ceiling fan, requiring a full renovation to meet modern standards. The bathrooms also exhibit outdated light wood vanities, older countertops, and dated strip lighting. While some areas have hardwood flooring, other areas feature dated large-format tiles and worn carpets. The overall condition, as indicated by the description's 'TLC transforms it into a hidden gem,' suggests significant investment is needed beyond minor cosmetic updates, likely including major system upgrades given the age of the home.
The property is a captivating mixed-use duplex, allowing for both commercial and residential ventures in a mild industrial area, offering significant flexibility for investors or owner-occupiers.
Boasting four stories, including additional living space downstairs and an attic, along with expansive space underneath the property, it offers substantial square footage and potential for further development or customization.
Designed for a unique multigenerational-style setting, this property is ideal for extended family living, generating rental income, or various commercial endeavors, appealing to a broad range of buyers.
The description explicitly states 'TLC transforms it into a hidden gem,' indicating that the property requires considerable renovation and investment to reach its full potential.
Built in 1900, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and higher maintenance costs, which are not detailed but implied by the need for 'TLC'.
While beneficial for commercial use, its location in a 'mild industrial area' might be a drawback for residential buyers seeking a traditional, quiet neighborhood environment, potentially affecting residential desirability.
Discover endless possibilities at 2731 E 11th St, Oakland, CA 94601 a captivating mix-use duplex that seamlessly blends commercial and residential charm. Ideal for investors and buyers alike, this property offers a unique multigenerational-style setting. TLC transforms it into a hidden gem. Step into spacious rooms and a well-appointed kitchen, showcasing the potential for comfortable living. The primary bedroom, accompanied by an additional room, exemplifies the generous layout. Large bedrooms throughout provide versatility. A good-sized backyard and expansive space underneath the property offer endless potential. Discover large sheds, storage, and a garage with room for a lift or workshop. Classified as a mix-use duplex, this property opens doors for commercial ventures in a mild industrial area. With four stories, including additional living space downstairs and an attic that could serve as an extra bedroom, the property caters to savvy buyers seeking diverse opportunities. Perfect for generational living, rental income, or commercial endeavors - this property is a rare find. Don't miss out on this unique gem; it's a canvas ready for your vision. Take action and explore the boundless possibilities at 2731 E 11th St where potential meets value, and dreams turn into reality.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,500 | 1,336 | 96% |
| Lot Size | 5,000 | 4,375 | 74% |
| Price | $769.0K | $570.0K | 87% |
| Price per sq ft | $308 | $407 | 15% |
| Built year | 1900 | 1921 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 814 | 188 | 0% |
Jan 29, 2024
$769,000
Initial Listing