3537 Kempton, Oakland, California 94611, Oakland, 94611 - 0 bed, 0 bath
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Oakland, California 94611
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $765,000, which aligns with its $765,000 Fair Market Value. While the property maintains a Condition Rating of 5, it offers significant value-add potential through the modernization of its 1902 systems. Featuring Oakland Hills views, an attached basement, and a WalkScore of 81, the asset provides strong rental appeal near Piedmont High School (10/10). This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while performing long-term capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3537 Kempton Subject | $765,000* List Price | 0 | 0 | 2,992 | $256 | - |
A 4035 Howe St Active | $799,000 List Price | 0 | 0 | 2,970 | $269 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1902, this property is over 120 years old. While the listing mentions 'Old World charm' and hardwood floors, there are no interior images or descriptions of modern updates to key areas like kitchens and bathrooms. The property analysis explicitly notes 'Age-Related Maintenance & Systems (e.g., plumbing, electrical)' and a 'Lack of Explicit Modern Updates,' indicating that substantial repairs and rehabilitation would be required to bring the property up to contemporary living standards and address the lifespan of its major systems.
Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
As a residential income property (duplex), it offers significant potential for rental income or owner-occupancy with supplementary income, enhancing its financial appeal.
Boasts a high WalkScore of 81, situated on a quiet street with immediate access to Piedmont Avenue's vibrant selection of cafes, restaurants, shops, Kaiser, and public transportation.
Constructed in 1902, the property likely requires ongoing maintenance and potential updates to its older systems (e.g., plumbing, electrical), which could incur significant costs for a new owner.
The notable price drop from $895,000 to $795,000 suggests the property may have been initially overpriced or has faced challenges in attracting offers, potentially signaling market resistance.
While possessing charm, the description doesn't detail modern upgrades or amenities, implying that significant renovations might be needed to meet contemporary buyer expectations for kitchens, bathrooms, or energy efficiency.
The upstairs unit has Old World charm, hardwood floors throughout, and views of the Oakland Hills. The downstairs unit has hardwood floors, a large mantle fireplace, an attached basement, and a garage. Located on a quiet street close to transportation and Piedmont Avenue, with a WalkScore of 81 based on its proximity to a large selection of cafes, restaurants, shops, Kaiser, and other businesses.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,992 | 2,547 |
| Lot Size | 3,800 | 4,475 |
| Price | $765.0K | $860.2K |
| Price per sq ft | $256 | $344 |
| Built year | 1902 | 1920 |
| HOA | $0 | $0 |
| Days on market | 510 | 56 |
Apr 29, 2026
$765,000
$795,000
-4% Price Drop
Initial Listing
Sep 16, 2025
$795,000
Initial Listing
Feb 27, 2025
$895,000
Initial Listing
Oct 31, 1994
$500,000
Public Record