3029 Chestnut St, Oakland, California 94608, Oakland, 94608 - bed, bath
ACTIVE$995,000/sqft
3029 Chestnut St, Oakland, California 94608
0Bed
0Bath
Sqft
5,280Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Full Vacancy: The property is delivered 100% vacant, offering immediate occupancy for owner-users or flexibility for investors to set market rents and select tenants.
Top Cons:
Front House Condition: The description highlights updates only for the rear house, implying the front house (3029) may require significant renovation or modernization to match the updated unit.
Compared to the nearby listings
Price:$995.0K vs avg $825.0K (+$170,000)77%
Size: sqft vs avg 1,323 sqft4%
Price/sqft:$0 vs avg $5524%
More Insights
Built in 1924 (102 years old).
Condition: This property consists of two units with differing conditions. The rear unit (3031), which is the larger of the two, has been fully updated with new electrical, flooring, kitchen, and bathroom, featuring modern white cabinetry, black appliances, contemporary fixtures, and stylish finishes. This unit is move-in ready and aligns with 'Excellent' or high 'Good' criteria. The front unit (3029), while appearing well-maintained with older hardwood floors, has a dated kitchen with beige tile countertops and older appliances, and an older bathroom. This unit would fall into the 'Fair' category. Given that the larger portion of the property has undergone extensive, recent renovations, the overall condition is elevated to 'Good', as a significant part of the property is move-in ready with no immediate renovation required, despite the front unit needing updates.
Year Built
1924
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41120045
Home ConditionGood
Features
Good View:
Patio
View-
About this home
Pleased to present 3029–3031 Chestnut Street, a two-house residential property delivered 100% vacant, located in West Oakland. Situated on a 5,280 square foot lot, the property consists of two detached single-family homes totaling 2,644 square feet, offering a rare and functional configuration well-suited for owner-users or investors. Constructed in 1924, the property features two independent residences with separate entrances and clear separation. The front house (3029) is a 3-bedroom / 1-bath single-story residence of approximately 1,050 square feet, while the rear house (3031) is a 5-bedroom / 2-bath residence totaling approximately 1,594 square feet. The rear home has been fully updated with new electrical, flooring, kitchen, and bathroom, and includes a private driveway and garage. The combination of full vacancy, detached residences, and efficient site layout makes this a rarely available offering in West Oakland.
T
Timothy Warren
Listing Agent
Nearby schools
2/10
Hoover Elementary School
Public,•K-5•0.3mi
1/10
Lafayette Elementary School
Public,•2-5•1.0mi
2/10
Martin Luther King, Jr. Elementary School
Public,•PK-3•1.2mi
4/10
Preparatory Literary Academy Of Cultural Excellence
Public,•K-5•1.4mi
2/10
Emerson Elementary School
Public,•K-5•1.5mi
3/10
West Oakland Middle School
Public,•6-8•1.0mi
4/10
Anna Yates Elementary School
Public,•K-8•1.0mi
2/10
Westlake Middle School
Public,•6-8•1.3mi
3/10
Mcclymonds High School
Public,•9-12•0.3mi
5/10
Emery Secondary School
Public,•9-12•0.9mi
2/10
Oakland International High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.6mi
2/10
Fremont High
Public,•9-12•5.1mi
Price History
Date
Event
Price
09/29/17
Sold
$795,000
10/21/08
Sold
$231,500
01/17/03
Sold
$267,000
Condition Rating
Good
This property consists of two units with differing conditions. The rear unit (3031), which is the larger of the two, has been fully updated with new electrical, flooring, kitchen, and bathroom, featuring modern white cabinetry, black appliances, contemporary fixtures, and stylish finishes. This unit is move-in ready and aligns with 'Excellent' or high 'Good' criteria. The front unit (3029), while appearing well-maintained with older hardwood floors, has a dated kitchen with beige tile countertops and older appliances, and an older bathroom. This unit would fall into the 'Fair' category. Given that the larger portion of the property has undergone extensive, recent renovations, the overall condition is elevated to 'Good', as a significant part of the property is move-in ready with no immediate renovation required, despite the front unit needing updates.
Pros & Cons
Pros
Full Vacancy: The property is delivered 100% vacant, offering immediate occupancy for owner-users or flexibility for investors to set market rents and select tenants.
Two Detached Residences: Features two independent, detached single-family homes on one lot, providing a rare and versatile configuration ideal for multi-generational living or rental income.
Updated Rear Home: The rear residence (3031) has been fully updated with new electrical, flooring, kitchen, and bathroom, reducing immediate renovation needs for that unit.
Investor/Owner-User Appeal: The unique setup of two vacant homes makes this property highly attractive to both owner-occupants seeking additional income or space, and investors looking for rental opportunities.
Private Parking: The rear home includes a private driveway and garage, adding significant value, convenience, and secure parking in an urban setting.
Cons
Front House Condition: The description highlights updates only for the rear house, implying the front house (3029) may require significant renovation or modernization to match the updated unit.
Property Age: Built in 1924, the property is nearly a century old, which could mean potential for older infrastructure, systems, and deferred maintenance, particularly in the un-updated front unit.
Mixed School Ratings: Several nearby public schools have lower ratings (1-3 out of 10), which may be a consideration for families prioritizing highly-rated educational institutions.