2946 E 29th Street, Oakland, California 94601, Oakland, 94601 - 9 bed, 5 bath
2946 E 29th Street
Oakland, California 94601
Property Price
SUMMARY
Analysis of 2946 E 29th Street, Oakland, California 94601 is currently available with a list price of $1,199,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1960, this triplex has undergone significant and recent renovations, making it move-in ready. The kitchens feature modern white shaker cabinets, stainless steel appliances, and clean countertops. Bathrooms are updated with modern vanities, fixtures, and clean tiling. Flooring throughout is a mix of well-maintained dark patterned tile and wood-look laminate. Light fixtures are modern flush mounts. While the property's original build year is older, the extensive updates to key areas like kitchens and bathrooms, along with fresh paint and flooring, indicate a renovation likely within the last 5-15 years, aligning with a 'Good' condition score. There are no immediate repairs or updates required, and the property shows minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Triplex Configuration
The property is explicitly described as a 'stunning Triplex,' offering excellent potential for multi-generational living or a robust investment portfolio through rental income.
- Modern Kitchens
Each residence within the triplex features a modern kitchen, a highly desirable amenity that enhances tenant appeal and owner satisfaction.
- Spacious Interiors & Thoughtful Design
The meticulously designed floor plans offer spacious interiors and thoughtfully crafted details, ensuring comfort and style for occupants.
CONSRISKS & DEFICIENCIES
- Property Type Discrepancy
The listing identifies the property as a 'Single Family Residence' (sub_type) while the description clearly states it's a 'Triplex,' which is a significant inconsistency that requires immediate clarification for legal and financing purposes.
- Age of Building & Potential System Updates
Built in 1960, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates beyond the mentioned modern kitchens, potentially incurring future capital expenditures.
- Limited Renovation Details
While modern kitchens are highlighted, the description lacks specific details on the condition or recent renovations of other key areas such as bathrooms, flooring, windows, or overall structural updates, implying potential for additional renovation costs.
About 2946 E 29th Street
Introducing an exceptional opportunity to own a stunning Triplex located at 2944 E 29th - 2946 E 29th Street. This remarkable home provides an enticing blend of luxurious living and timeless charm, coupled with an array of desirable amenities. The meticulously designed floor plans of each residence offer spacious interiors and thoughtfully crafted details, guaranteeing comfort and style. Whether you envision a multi-generational living arrangement or seek to create an enviable investment portfolio, this property caters to your every need. Each home features a modern kitchen and ample living spaces. Step outside and discover the expansive private yard, ideal for outdoor gatherings and relaxation. Conveniently located within close proximity to sought-after amenities such as shopping centers, parks, and dining options, these properties ensure a coveted lifestyle in the heart of Oakland.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 4,800 Sq. Ft.
Interior
- Total Bedrooms
- 9
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Manzanita Seed
Grades K-5 • 0.3 mi
Fruitvale Elementary School
Grades K-5 • 0.4 mi
Allendale Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 3,157 | 1,224.5 | 98% |
| Lot Size | 4,800 | 4,184 | 68% |
| Price | $1.20M | $572.5K | 98% |
| Price per sq ft | $380 | $438 | 38% |
| Built year | 1960 | 1920 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 1024 | 170 | 0% |
Pricing History
Listed for Sale
May 18, 2023
$1,199,999
Initial Listing