462 Cavour St, Oakland, California 94618, Oakland, 94618 - bed, bath
ACTIVE$1,299,000
462 Cavour St, Oakland, California 94618
0Bed
0Bath
Sqft
5,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Situated in Rockridge, one of Oakland's most desirable neighborhoods, on a quiet, tree-lined street with excellent proximity to vibrant College, Claremont, and 51st Avenues, offering superb walkability and access to amenities.
Top Cons:
Significant Price Reductions: The property has undergone substantial price reductions from an original list price of $1.795M to the current $1.299M, which may suggest initial overpricing or challenges in market absorption at previous price points.
Compared to the nearby listings
Price:$1.30M vs avg $1.86M ($-561,000)20%
Size: sqft vs avg 2,114 sqft3%
Price/sqft:$0 vs avg $9093%
More Insights
Built in 1925 (100 years old).
Condition: Built in 1925, this Craftsman property retains its architectural charm but shows significant signs of age and outdated features, particularly in the kitchen. The kitchen features older light green cabinets, laminate countertops, and dated flooring, suggesting a renovation that occurred 15-30 years ago or even earlier. While the living areas have some character with wood beam ceilings and hardwood floors in one bedroom, other areas have older carpeting. No bathrooms were pictured, but it's reasonable to assume they are in a similar, outdated condition. The property is functional and appears maintained, but it requires substantial cosmetic updates and likely significant investment in updating older systems (plumbing, electrical, HVAC) to meet current quality standards and buyer expectations, aligning with the 'fair' condition criteria.
Year Built
1925
Close
-
List price
$1.3M
Original List price
$1.79M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41110691
Home ConditionFair
Features
Patio
View-
About this home
Located in one of Oakland’s most desirable neighborhoods, this exceptional Craftsman compound offers two fully detached homes on one beautifully landscaped corner lot. Nestled on a quiet, tree-lined street just moments from College, Claremont, and 51st Avenues, this is a rare opportunity to own a multi-home property in the heart of vibrant Rockridge. Whether you’re seeking multi-generational living, a live-in-one, rent-the-other setup, or a unique investment property, 462, 466 & 466B Cavour Street delivers timeless charm and future flexibility.
Condition Rating
Fair
Built in 1925, this Craftsman property retains its architectural charm but shows significant signs of age and outdated features, particularly in the kitchen. The kitchen features older light green cabinets, laminate countertops, and dated flooring, suggesting a renovation that occurred 15-30 years ago or even earlier. While the living areas have some character with wood beam ceilings and hardwood floors in one bedroom, other areas have older carpeting. No bathrooms were pictured, but it's reasonable to assume they are in a similar, outdated condition. The property is functional and appears maintained, but it requires substantial cosmetic updates and likely significant investment in updating older systems (plumbing, electrical, HVAC) to meet current quality standards and buyer expectations, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime Location: Situated in Rockridge, one of Oakland's most desirable neighborhoods, on a quiet, tree-lined street with excellent proximity to vibrant College, Claremont, and 51st Avenues, offering superb walkability and access to amenities.
Multi-Unit Income Potential: Features two fully detached homes on one lot, providing exceptional flexibility for multi-generational living, a live-in-one/rent-the-other setup, or a unique investment property with potential for dual rental income.
Architectural Charm: An exceptional Craftsman compound built in 1925, it delivers timeless charm and character, appealing to buyers seeking historic aesthetics and unique architectural details.
Corner Lot & Landscaping: Positioned on a beautifully landscaped corner lot, which typically offers increased natural light, enhanced privacy, and superior curb appeal compared to interior lots.
Versatile Use & Flexibility: The property's configuration as a multi-home compound offers significant flexibility for various living arrangements and investment strategies, catering to a broad range of buyer needs.
Cons
Significant Price Reductions: The property has undergone substantial price reductions from an original list price of $1.795M to the current $1.299M, which may suggest initial overpricing or challenges in market absorption at previous price points.
Age-Related Maintenance & Upgrades: Built in 1925, the property, while charming, may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) and general maintenance typical of a nearly century-old home, which are not detailed as completed.
Zoning/Legal Classification Ambiguity: Despite being described as 'two fully detached homes,' the property's sub-type is listed as 'Single Family Residence,' which could lead to potential zoning or legal complexities for officially renting out the second unit or impact financing options for buyers expecting a legally recognized multi-family dwelling.