3019 Florida St, Oakland, California 94602, Oakland, 94602 - bed, bath
ACTIVE$649,000
3019 Florida St, Oakland, California 94602
0Bed
0Bath
Sqft
4,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential & Flexibility: The duplex configuration offers excellent flexibility, allowing for owner-occupancy with rental income or full rental investment, maximizing its financial appeal.
Top Cons:
Cosmetic Updates Required: While the exterior is well-maintained, the interior units require cosmetic updates, indicating additional investment will be needed post-purchase to modernize and enhance appeal.
Compared to the nearby listings
Price:$649.0K vs avg $879.2K ($-230,250)25%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1946 (79 years old).
Condition: Built in 1946, this duplex shows signs of age despite some recent updates. The kitchen appears to have been recently renovated with modern white shaker cabinets, new countertops, a hexagonal tile backsplash, and newer appliances, which is a significant positive. The laundry area also looks clean with newer appliances and water heater. However, the living areas, while freshly painted and featuring well-maintained hardwood floors, still have older light fixtures. The description explicitly states the property 'needs some cosmetic updates' and lists 'Age of Property' as a weakness, suggesting potential outdated systems (beyond the newer roof) that are not immediately visible. Without photos of the bathrooms, and considering the overall age and the need for further cosmetic updates, the property falls into the 'Fair' category, indicating it's aged but maintained with occasional updates, and requires minor additional work to fully modernize.
Year Built
1946
Close
-
List price
$649K
Original List price
$799K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41112066
Home ConditionFair
Features
Good View: City Lights, Canyon
ViewCity Lights,Canyon
About this home
Great opportunity for this excellent duplex situated between the dynamic Diamond and Laurel districts. Bright and spacious, each unit features a 2-bedroom, 1-bathroom layout, with the same design for both front and back units. Live in one and rent out the other, or rent out both. It has a well-maintained exterior but needs some cosmetic updates. It features a newer roof, a long driveway with two 2-car garages at the back, and is walking distance to schools and shops, including gourmet restaurants, charming coffee shops, and vibrant shopping areas. Hiking, biking trails, and local regional parks are around. Minutes away from I-580, SR 13.
Condition Rating
Fair
Built in 1946, this duplex shows signs of age despite some recent updates. The kitchen appears to have been recently renovated with modern white shaker cabinets, new countertops, a hexagonal tile backsplash, and newer appliances, which is a significant positive. The laundry area also looks clean with newer appliances and water heater. However, the living areas, while freshly painted and featuring well-maintained hardwood floors, still have older light fixtures. The description explicitly states the property 'needs some cosmetic updates' and lists 'Age of Property' as a weakness, suggesting potential outdated systems (beyond the newer roof) that are not immediately visible. Without photos of the bathrooms, and considering the overall age and the need for further cosmetic updates, the property falls into the 'Fair' category, indicating it's aged but maintained with occasional updates, and requires minor additional work to fully modernize.
Pros & Cons
Pros
Income Potential & Flexibility: The duplex configuration offers excellent flexibility, allowing for owner-occupancy with rental income or full rental investment, maximizing its financial appeal.
Prime Location & Walkability: Strategically located between the dynamic Diamond and Laurel districts, the property boasts high walkability to schools, gourmet restaurants, coffee shops, and vibrant shopping areas.
Excellent Accessibility & Recreation: Enjoy convenient access to major freeways (I-580, SR 13) and proximity to hiking, biking trails, and local regional parks, enhancing lifestyle and commute.
Updated Key Infrastructure: The property features a newer roof, reducing immediate maintenance concerns and providing peace of mind for the buyer.
Ample Parking & Storage: A long driveway coupled with two 2-car garages at the back provides significant off-street parking and valuable storage space, a premium in urban settings.
Cons
Cosmetic Updates Required: While the exterior is well-maintained, the interior units require cosmetic updates, indicating additional investment will be needed post-purchase to modernize and enhance appeal.
Age of Property: Built in 1946, the property may have outdated systems (e.g., plumbing, electrical, HVAC) and potentially lower energy efficiency compared to newer constructions, despite its well-maintained exterior.
Significant Price Reductions: The property has undergone multiple and substantial price reductions from its original listing, which could suggest initial overpricing, market resistance, or unaddressed issues impacting buyer interest.