
Oakland, California 94602
This duplex represents a Prime Investment Opportunity, listed at a List Price of $599,000—positioned well below the $620,767 Fair Market Value by 3%. This valuation gap offers $21,767 in Instant Equity. Featuring a Condition Rating of 3, the property includes a newer roof and updated kitchen, though it requires cosmetic interior updates. With its 2-bedroom, 1-bathroom layout and ample 4-car parking, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3019 Florida St Subject 0 bd · 0 ba · 2,544 sqft · $260 | $599,000* List Price | 0 | 0 | 2,544 | $260 | - |
A 2550 Pleasant St Active Under Contract 0 bd · 0 ba · 2,551 sqft · $294 · 0.8 mi | $749,000 List Price | 0 | 0 | 2,551 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1946, the property features a recently renovated kitchen (likely <5 years) with modern cabinetry, stone countertops, and updated appliances. The interior shows refinished hardwood floors and fresh paint, making it move-in ready. A newer roof provides structural confidence, though the presence of older wall heaters and a dated exterior prevents an 'Excellent' rating.
The duplex configuration with two identical 2-bedroom units offers excellent flexibility for owner-occupants to house-hack or for investors to maximize rental yield in a high-demand area.
Featuring a long driveway and two 2-car garages, the property provides rare and ample parking for multiple vehicles, a significant competitive advantage in the Oakland rental market.
Ideally situated between the Diamond and Laurel districts, the property boasts high walkability to gourmet dining and shops, plus easy access to major commuter routes like I-580 and SR 13.
The interior requires cosmetic updates, necessitating immediate additional capital investment from the buyer to bring the units up to modern market standards and maximize rental rates.
Built in 1946, the property may have aging systems beyond the newer roof that require inspection and potential upgrades to meet current building codes and tenant expectations.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,544 | 2,403.227 |
| Lot Size | 4,000 | 4,461.364 |
| Price | $599.0K | $900.8K |
| Price per sq ft | $235 | $343 |
| Built year | 1946 | 1919 |
| HOA | $0 | $0 |
| Days on market | 43 | 67 |
Sep 11, 2026
$599,000
Initial Listing
Apr 14, 2023
$775,000
Public Record