
Oakland, California 94601
This fully remodeled duplex represents a Strong Value Opportunity, listed at $624,888—positioned well below the $691,725 Fair Market Value by 9%. This valuation gap offers $66,837 in Instant Equity. Featuring a Mint Condition Rating with modern kitchens and separate electrical panels, this turnkey asset is delivered vacant. It provides immediate flexibility for Buy-and-Hold Investors seeking strong cash flow or Owner-Occupants looking to offset mortgage costs through rental income in a convenient, transit-accessible location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3516 E 15th St Subject | $624,888* List Price | 0 | 0 | 1,400 | $494 | - |
A 2745 E 10th Street Sold | $595,000 | 0 | 0 | 1,248 | $477 | 0.7 mi |
B 3338 San Leandro St Active | $649,000 List Price | 0 | 0 | 1,890 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1928 duplex has undergone a comprehensive, full remodel, placing it in mint condition. It features new stylish kitchens, new flooring, and updated systems including new water heaters, separate electrical panels, and modern mini-split HVAC units, meeting the criteria for a recent high-quality renovation.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property has been fully remodeled with new kitchens, flooring, updated electrical panels, and water heaters, providing a move-in-ready asset that minimizes immediate capital expenditure for the buyer.
Delivered completely vacant, this duplex offers rare flexibility in the Oakland market, allowing an owner-occupant to move in immediately or an investor to select their own tenants and set market-rate rents from day one.
The 1,125-square-foot lot is quite small for a multi-unit property, which significantly limits outdoor living space, private yard areas, or the potential for future expansion.
The majority of the immediate neighborhood schools carry low ratings (2/10), which may impact the property's appeal to long-term family tenants and affect future appreciation potential.
Exceptional opportunity to own a fully remodeled duplex that will be delivered vacant, offering incredible flexibility for both investors and owner-occupants! Live in one unit while generating rental income from the other, or lease both units to maximize your investment potential. Both residences have been thoughtfully renovated with stylish new kitchens, new flooring, updated interior doors, contemporary light fixtures, new water heaters, and separate electrical panels, creating a truly turnkey property ready for immediate occupancy. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 2 bedrooms and 1.5 bathrooms. Each unit is approximately 730 square feet (buyer to verify) and features comfortable, functional floor plans designed for today's lifestyle. Projected market rents of approximately $2,500 - $2700 per month per unit provide outstanding income potential, making this an attractive opportunity for investors seeking strong cash flow. With both units delivered vacant, buyers have the rare freedom to select their own tenants, establish market rents from day one, or occupy one unit while significantly offsetting their monthly mortgage payment. Projected gross rental income of approximately $60,000 annually (buyer to verify)." Conveniently located near schools, shopping, restaurants, public transportation, BART, and major commuter routes, this move-in ready duplex combines modern updates, investment flexibility, and exceptional value. Opportunities like this don't come along often!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,400 | 2,547 |
| Lot Size | 1,125 | 4,475 |
| Price | $624.9K | $860.2K |
| Price per sq ft | $446 | $344 |
| Built year | 1928 | 1920 |
| HOA | $0 | $0 |
| Days on market | 5 | 56 |
Jul 17, 2026
$624,888
Initial Listing
Feb 18, 2022
$340,000
Public Record