2735 Truman Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
ACTIVE$499,000$1,526/sqft
Est. Value: $438,472
-12%
AboveEstimate
2735 Truman Ave, Oakland, California 94605
3Beds
2Baths
1,526Sqft
4,896Lot
Price Vs. Estimate
The estimated value ($438,472.045) is $60,527.955 (12%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Situated on one of the best-kept streets in East Oakland, offering a quiet neighborhood vibe and a well-loved community block.
Top Cons:
Extensive Renovation Required: The property 'needs repair and updates,' implying significant upfront investment and effort for modernization and habitability.
Compared to the nearby listings
Price:$499.0K vs avg $711.0K ($-212,000)19%
Size:1,526 sqft vs avg 1,344 sqft57%
Price/sqft:$327 vs avg $50115%
More Insights
Built in 1944 (82 years old).
Condition: Built in 1944, this property is explicitly described as needing 'repair and updates' and 'extensive renovation required' according to the listing and AI analysis. The exterior image shows an older home with overgrown landscaping and visible signs of deferred maintenance. Given its age and the stated need for substantial work, it falls into the 'poor' category, requiring significant rehabilitation to bring it to a livable and modern standard. Major systems, kitchen, and bathrooms are highly likely to be original or very outdated and in disrepair.
Year Built
1944
Close
-
List price
$499K
Original List price
$599K
Price/Sqft
$327
HOA
-
Days on market
-
Sold On
-
MLS number
41118167
Home ConditionPoor
Features
View-
About this home
Located on one of the best-kept streets in East Oakland, 2735 Truman Ave offers 3 bedrooms, 1 bathroom, and 1,526 sq ft of potential. The home needs repair and updates, making it an ideal project for investors or buyers looking to create value. Enjoy quiet neighborhood vibes and a strong upside on a well-loved block.
F
Forrest Mc Keiver
Listing Agent
Nearby schools
4/10
Howard Elementary School
Public,•K-5•1.0mi
2/10
Grass Valley Elementary School
Public,•K-5•1.5mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.8mi
2/10
Frick Middle School
Public,•6-8•2.4mi
1/10
Castlemont High
Public,•9-12•1.0mi
2/10
Fremont High
Public,•9-12•3.7mi
2/10
Oakland International High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
09/08/23
Sold
$254,500
Condition Rating
Poor
Built in 1944, this property is explicitly described as needing 'repair and updates' and 'extensive renovation required' according to the listing and AI analysis. The exterior image shows an older home with overgrown landscaping and visible signs of deferred maintenance. Given its age and the stated need for substantial work, it falls into the 'poor' category, requiring significant rehabilitation to bring it to a livable and modern standard. Major systems, kitchen, and bathrooms are highly likely to be original or very outdated and in disrepair.
Pros & Cons
Pros
Desirable Location: Situated on one of the best-kept streets in East Oakland, offering a quiet neighborhood vibe and a well-loved community block.
Significant Value-Add Potential: An ideal project for investors or buyers seeking to create substantial equity through renovation and updates, with a strong upside.
Recent Price Adjustment: A notable price reduction from $599,000 to $499,000 indicates increased value for potential buyers and a motivated seller.
Generous Living Space & Lot: Offers 1,526 sq ft of living space with 3 bedrooms and 2 bathrooms on a sizable 4,896 sq ft lot, providing ample room for expansion or outdoor enjoyment.
Single-Family Home Appeal: A detached single-family residence, a highly sought-after property type, offering privacy and independence.
Cons
Extensive Renovation Required: The property 'needs repair and updates,' implying significant upfront investment and effort for modernization and habitability.
Subpar School Ratings: Proximity to schools with generally low ratings (mostly 1s and 2s) may be a concern for families prioritizing education.
Older Construction: Built in 1944, the home likely features older systems and finishes, which could lead to higher maintenance costs and necessitate comprehensive upgrades.