3031 Logan St, Oakland, California 94601, Oakland, 94601 - bed, bath
ACTIVE$1,095,000
3031 Logan St, Oakland, California 94601
0Bed
0Bath
Sqft
4,788Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Triplex Investment Opportunity: This property is a fantastic triplex, ideal for investors or owner-occupiers, offering significant income potential in a desirable market.
Top Cons:
Age of Property: Built in 1906, the property, despite remodels, may still present potential for underlying maintenance issues common with older structures (e.g., plumbing, electrical, foundation) that could require future investment.
Compared to the nearby listings
Price:$1.09M vs avg $740.0K (+$355,000)82%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1906 (119 years old).
Condition: Despite being built in 1906, this triplex has undergone a comprehensive and recent renovation, as stated in the description and evidenced by the images. All three units feature modern, updated kitchens with new shaker cabinets, quartz countertops, stainless steel appliances, and contemporary lighting. The bathrooms are also fully renovated with new vanities, fixtures, and subway tile. New wood-look laminate flooring is consistent throughout, and the overall aesthetic is fresh and move-in ready, indicating minimal physical depreciation and meeting current quality standards. This aligns perfectly with the 'extensively renovated within 5 years' criteria for an 'excellent' rating.
Year Built
1906
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41107501
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to 3031 Logan St. This is a fantastic triplex opportunity in the heart of Oakland, CA. Perfect for investors or owner-occupiers seeking great income potential. This beautifully remodeled property features three units, two of which are vacant, ensuring immediate opportunity for current market rental income. Each unit has been thoughtfully updated with modern finishes while maintaining charm and functionality. The property also includes convenient parking for all units and a bonus storage space, ideal for additional rental or personal use. Situated in a prime location, just minutes from BART, with easy access to freeways and public transportation, this triplex offers the ultimate in convenience and accessibility. Whether you’re looking to expand your real estate portfolio or live in one unit while renting out the others, 3031 Logan St is a smart investment in one of Oakland’s most sought-after neighborhoods. Don’t miss this opportunity!
Nearby schools
3/10
Manzanita Seed
Public,•K-5•0.3mi
3/10
International Community School
Public,•K-5•0.7mi
5/10
Think College Now School
Public,•K-5•0.7mi
4/10
Fruitvale Elementary School
Public,•K-5•0.7mi
2/10
Global Family School
Public,•K-5•0.8mi
2/10
Allendale Elementary School
Public,•K-5•0.9mi
5/10
Glenview Elementary School
Public,•K-5•1.2mi
2/10
Horace Mann Elementary School
Public,•K-5•1.5mi
8/10
Edison Elementary School
Public,•K-5•1.7mi
3/10
United For Success Academy
Public,•6-8•0.4mi
4/10
Urban Promise Academy
Public,•6-8•0.4mi
4/10
Roosevelt Middle School
Public,•6-8•0.9mi
6/10
Edna Brewer Middle School
Public,•6-8•1.2mi
2/10
Bret Harte Middle School
Public,•6-9•1.2mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.4mi
1/10
Roots International Academy
Public,•6-8•2.4mi
9/10
Lincoln Middle School
Public,•6-8•2.5mi
2/10
Fremont High
Public,•9-12•1.2mi
4/10
Oakland High School
Public,•9-12•1.4mi
9/10
Alameda High School
Public,•9-12•2.1mi
3/10
Coliseum College Prep Academy
Public,•6-12•2.4mi
4/10
Skyline High School
Public,•9-12•3.3mi
2/10
Oakland International High School
Public,•9-12•3.8mi
Condition Rating
Excellent
Despite being built in 1906, this triplex has undergone a comprehensive and recent renovation, as stated in the description and evidenced by the images. All three units feature modern, updated kitchens with new shaker cabinets, quartz countertops, stainless steel appliances, and contemporary lighting. The bathrooms are also fully renovated with new vanities, fixtures, and subway tile. New wood-look laminate flooring is consistent throughout, and the overall aesthetic is fresh and move-in ready, indicating minimal physical depreciation and meeting current quality standards. This aligns perfectly with the 'extensively renovated within 5 years' criteria for an 'excellent' rating.
Pros & Cons
Pros
Triplex Investment Opportunity: This property is a fantastic triplex, ideal for investors or owner-occupiers, offering significant income potential in a desirable market.
Immediate Market Rental Income: Two of the three units are vacant, providing an immediate opportunity for the new owner to secure current market rental income without existing tenant leases.
Recently Remodeled Units: All three units have been beautifully remodeled with modern finishes, reducing immediate renovation costs for the buyer while maintaining charm and functionality.
Prime Location & Accessibility: Situated in a prime Oakland location, minutes from BART, freeways, and public transportation, ensuring high tenant demand and convenience.
Convenient Parking & Bonus Storage: The property includes convenient parking for all units and a bonus storage space, adding value and appeal for both tenants and owners.
Cons
Age of Property: Built in 1906, the property, despite remodels, may still present potential for underlying maintenance issues common with older structures (e.g., plumbing, electrical, foundation) that could require future investment.
Immediate Lease-Up Responsibility: With two vacant units, the new owner will immediately face the task and associated costs (marketing, screening, potential income void) of finding and securing new tenants.
Lack of Detailed Unit Specifications: The description does not provide specific details on the number of bedrooms, bathrooms, or square footage for each individual unit, which can make a precise rental income projection challenging without further investigation.