4500 San Carlos Ave, Oakland, California 94601, Oakland, 94601 - 0 bed, 0 bath
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Oakland, California 94601
This 1925 duplex presents a Strong Value Opportunity with a List Price of $399,000—positioned well below the $369,552 Fair Market Value by -7%. While the property requires modernization given its Fair Condition Rating, the existing rental income from the lower unit provides immediate cash flow. The detached garage and flexible layout offer significant potential for sweat equity. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house hack in a commuter-friendly location near the Laurel District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4500 San Carlos Ave Subject | $399,000* List Price | 0 | 0 | 1,324 | $279 | - |
A 2123 High Sold | $450,000 | 4 | 2 | 1,822 | $247 | 0.1 mi |
B 2123 High St Pending | $499,999 List Price | 0 | 0 | 1,822 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this duplex is functional and currently occupied but shows significant dating. While it has updated laminate flooring, the kitchens and bathrooms feature older cabinetry and fixtures likely exceeding 20 years in age. The use of wall heaters and the listing's emphasis on 'sweat equity' indicate that while habitable, the property requires cosmetic updates and system modernizations.
The property features a lower 1BD/1BA unit already generating approximately $1,800/month, offering an excellent opportunity for house hacking or immediate cash flow for investors.
This classic 1925 duplex includes a detached garage and room for 'sweat equity,' allowing owners to increase the property's market value through strategic renovations and upgrades.
Conveniently located near the Laurel District with quick access to Highways 580 and 880 and BART, making it highly attractive for tenants and commuters working across the East Bay.
The local public schools assigned to this address have low ratings (mostly 2/10), which may impact long-term appreciation and appeal to families with school-aged children.
Built in 1925, the property may require significant ongoing maintenance or costly updates to modernize systems and address the typical wear of a hundred-year-old building.
Great opportunity to own a versatile duplex with built-in rental income! The upper 2BD/1BA unit features laminate flooring and comfortable living space. The lower 1BD/1BA unit is currently rented for approximately $1,800/month, helping offset your mortgage or providing immediate income. Ideal for owner-occupants looking to house hack or investors seeking a cash-flow opportunity. Detached garage offers additional storage, workshop space, or future possibilities. Classic 1925 property with room to add value and build sweat equity over time. Conveniently located near Oakland's popular Laurel District with easy access to neighborhood restaurants, cafés, shopping, and some of the East Bay's favorite taquerias. Commuter-friendly location with quick access to Highways 580 & 880 and nearby BART. Live in one unit and rent the other, or lease both for income potential, this flexible property is full of possibilities!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,324 | 2,547 |
| Lot Size | 3,530 | 4,475 |
| Price | $399.0K | $860.2K |
| Price per sq ft | $301 | $344 |
| Built year | 1925 | 1920 |
| HOA | $0 | $0 |
| Days on market | 12 | 56 |
Jul 10, 2026
$399,000
Initial Listing