3234 E 27th St, Oakland, California 94601, Oakland, 94601 - bed, bath
ACTIVE$995,000
3234 E 27th St, Oakland, California 94601
0Bed
0Bath
Sqft
5,580Lot
Year Built
1965
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41088104
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $995.0K(82th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
Great opportunity for an investor or owner live in. Building has a coin operated laundry room, separately metered water. Property near local conveniences, schools, 580 and 880 freeways.
Nearby schools
3/10
Manzanita Seed
Public,•K-5•0.4mi
4/10
Fruitvale Elementary School
Public,•K-5•0.5mi
2/10
Allendale Elementary School
Public,•K-5•0.7mi
2/10
Global Family School
Public,•K-5•0.7mi
3/10
International Community School
Public,•K-5•1.0mi
5/10
Think College Now School
Public,•K-5•1.0mi
5/10
Glenview Elementary School
Public,•K-5•1.1mi
2/10
Horace Mann Elementary School
Public,•K-5•1.4mi
8/10
Edison Elementary School
Public,•K-5•1.9mi
3/10
United For Success Academy
Public,•6-8•0.4mi
4/10
Urban Promise Academy
Public,•6-8•0.6mi
2/10
Bret Harte Middle School
Public,•6-9•1.0mi
4/10
Roosevelt Middle School
Public,•6-8•1.1mi
6/10
Edna Brewer Middle School
Public,•6-8•1.2mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.3mi
1/10
Roots International Academy
Public,•6-8•2.3mi
9/10
Lincoln Middle School
Public,•6-8•2.7mi
2/10
Fremont High
Public,•9-12•1.1mi
4/10
Oakland High School
Public,•9-12•1.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•2.3mi
9/10
Alameda High School
Public,•9-12•2.4mi
4/10
Skyline High School
Public,•9-12•3.0mi
2/10
Oakland International High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
03/04/25
Listing
$995,000
Condition Rating
Fair
The property was built in 1965, making it nearly 60 years old. While the exterior appears maintained, there is a noted 'Lack of Renovation Details' in the property analysis, suggesting that major systems and interior finishes, particularly kitchens and bathrooms, are likely outdated and would require significant capital expenditure to modernize. Without interior images, it's assumed these areas reflect the property's age. The description as an 'investor opportunity' further implies that updates are needed to maximize its potential. It is likely functional but shows clear signs of age and would benefit from minor to moderate updates, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Great Schools: Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Income-Generating Quadruplex: The property is a quadruplex, explicitly marketed as a residential income opportunity, making it highly attractive for investors seeking multi-unit revenue.
Separately Metered Utilities: Water is separately metered, which significantly reduces the owner's utility expenses and simplifies tenant billing and management.
On-Site Laundry Facility: The building includes a coin-operated laundry room, providing an additional income stream for the owner and a convenient amenity for tenants.
Strategic Location: Situated near local conveniences, schools, and major freeways (580 and 880), offering excellent accessibility and desirability for potential tenants.
Owner-Occupancy Potential: The property is suitable for an owner to live in one unit while generating rental income from the other three, offering flexibility and financial benefits.
Cons
Property Age: Built in 1965, the property is nearly 60 years old, which may indicate aging infrastructure, systems, and potential for deferred maintenance or required updates.
Mixed School Performance: While some nearby schools have high ratings, several others have low ratings, which could be a concern for families prioritizing top-tier public education.
Lack of Renovation Details: The description does not specify any recent renovations or upgrades, suggesting potential for significant capital expenditure to modernize units and systems to attract premium tenants.