2928 68th Ave, Oakland, California 94605, Oakland, 94605 - bed, bath

2928 68th Ave, Oakland, California 94605 home-pic-0
ACTIVE$400,000
2928 68th Ave, Oakland, California 94605
0Bed
0Bath
Sqft
4,758Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate rental income potential or an attractive owner-occupant strategy, ideal for investors or those seeking to offset mortgage costs.
Top Cons:
As-Is Sale Condition: The property is offered 'as-is,' implying potential for immediate or future investments in repairs, upgrades, or modernization.

Compared to the nearby listings

Price:$400.0K vs avg $720.0K ($-320,000)7%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1920 (105 years old).
Condition: Built in 1920, this property shows significant signs of age and deferred maintenance. The 'as-is' sale and the suggestion for buyers to 'personalize or upgrade over time' strongly indicate substantial work is needed. The exterior image reveals worn stairs, unkempt grounds, and a large green tarp/fabric near the roofline, which is a major red flag for potential roof or structural issues. Heating is provided by older wall furnaces, and shared utility meters point to outdated infrastructure. While interior photos are not available, the overall condition suggests the kitchen and bathrooms are likely very dated and require full renovation, aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation.
Year Built
1920
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41103410
Home ConditionPoor
Features
Patio
View-

About this home

Charming Duplex in Oakland – Ideal Investment or Owner-Occupant Opportunity Don't miss this well-maintained duplex in the heart of Oakland! Each unit features 1 bedroom and 1 bathroom, offering functional layouts and comfortable living spaces. Both units come with their own detached 1-car garage, providing rare and convenient off-street parking. The property is on shared utility meters and is equipped with wall furnaces for heating. Over the years, the owner—who has held the property for over two decades—has made various improvements while maintaining the character of the home. The sale is offered as-is, presenting a great opportunity for investors or buyers looking to personalize or upgrade over time. Located with easy access to freeways and local shops, this duplex offers both excellent commuter convenience and proximity to daily amenities. Whether you're expanding your portfolio or looking to live in one unit and rent the other, this property has solid potential.

Condition Rating
Poor

Built in 1920, this property shows significant signs of age and deferred maintenance. The 'as-is' sale and the suggestion for buyers to 'personalize or upgrade over time' strongly indicate substantial work is needed. The exterior image reveals worn stairs, unkempt grounds, and a large green tarp/fabric near the roofline, which is a major red flag for potential roof or structural issues. Heating is provided by older wall furnaces, and shared utility meters point to outdated infrastructure. While interior photos are not available, the overall condition suggests the kitchen and bathrooms are likely very dated and require full renovation, aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex, offering immediate rental income potential or an attractive owner-occupant strategy, ideal for investors or those seeking to offset mortgage costs.
Dedicated Garages: Each unit benefits from its own detached 1-car garage, providing rare and convenient off-street parking which is a significant amenity in urban areas.
Strategic Location: Located with easy access to freeways and local shops, offering excellent commuter convenience and proximity to daily amenities.
Well-Maintained & Long-Term Ownership: Described as well-maintained with an owner of over two decades, suggesting a history of care and stability, with various improvements made over time.
Value-Add Opportunity: The 'as-is' sale condition and opportunity to 'personalize or upgrade over time' presents a clear path for buyers to increase equity and potential rental income.

Cons

As-Is Sale Condition: The property is offered 'as-is,' implying potential for immediate or future investments in repairs, upgrades, or modernization.
Shared Utility Meters: The property operates on shared utility meters, which can lead to complications in billing and potential disputes between tenants or with the landlord.
Older Infrastructure: Built in 1920, the property likely has older infrastructure (e.g., plumbing, electrical, insulation) and heating systems (wall furnaces) that may require future capital expenditures or lead to higher operating costs.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state