548 37th St, Oakland, California 94609, Oakland, 94609 - bed, bath
ACTIVE$1,550,000
548 37th St, Oakland, California 94609
0Bed
0Bath
Sqft
6,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive Renovation: The property has undergone extensive modernization, including updated electrical, plumbing, gas, water lines, sewer, roof, and exterior elements, significantly reducing future capital expenditures.
Top Cons:
Tenant Occupancy Challenges: One unit is currently tenant-occupied, which may present limitations for immediate owner-occupancy, showing flexibility, or potential rent adjustments due to existing lease agreements and local tenant protections.
Compared to the nearby listings
Price:$1.55M vs avg $975.0K (+$575,000)80%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1911 (114 years old).
Condition: Despite being built in 1911, the property has undergone an extensive and recent renovation, as explicitly stated in the description and visually confirmed by the images. The listing highlights updated electrical, plumbing, gas, water lines, sewer, roof, and exterior elements. The kitchen features modern stainless steel appliances, dark shaker-style cabinetry, marble-look quartz countertops and backsplash, and contemporary wood-look tile flooring. Bathrooms are equally updated with modern vanities, glass-enclosed showers with stylish tiling, and new fixtures. Hardwood floors are in excellent condition throughout the main living areas, and the overall aesthetic is fresh, clean, and contemporary. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1911
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41111243
Home ConditionExcellent
Features
Patio
View-
About this home
Don’t miss out on this amazing opportunity! This classic building underwent an extensive remodel & boasts updated electrical, plumbing, gas and water lines, sewer, roof, porches, stairs, pavers, fencing, landscaping & gardens. Spacious Victorian triplex off of historic Telegraph Ave. boasts updated kitchen/bathrooms, classic architecture, & an 86 walk score. Just seconds to MacArthur BART, this multifamily property sitting on 6,000+/- sqft lot will be your commuting renters’ dream. Mirror top/bottom 1500+/- sqft units with hardwood floors. Top floor was fully remodeled 2/2 with an updated kitchen & added bath. Bottom unit is tenant occupied 2/1. Spacious basement for shared storage. A separate third unit - 2/1 - tucked behind the main building makes a perfect place for an owner or another stream of income. All units come with their own laundry. Enjoy the shared level garden for entertaining, lounging or working outdoors. Extensively remodeled with an eye to detail, come enjoy your new home!
Nearby schools
2/10
Emerson Elementary School
Public,•K-5•0.8mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.0mi
2/10
Westlake Middle School
Public,•6-8•0.9mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
2/10
Oakland International High School
Public,•9-12•0.6mi
7/10
Oakland Technical High School
Public,•9-12•0.8mi
2/10
Fremont High
Public,•9-12•4.7mi
Condition Rating
Excellent
Despite being built in 1911, the property has undergone an extensive and recent renovation, as explicitly stated in the description and visually confirmed by the images. The listing highlights updated electrical, plumbing, gas, water lines, sewer, roof, and exterior elements. The kitchen features modern stainless steel appliances, dark shaker-style cabinetry, marble-look quartz countertops and backsplash, and contemporary wood-look tile flooring. Bathrooms are equally updated with modern vanities, glass-enclosed showers with stylish tiling, and new fixtures. Hardwood floors are in excellent condition throughout the main living areas, and the overall aesthetic is fresh, clean, and contemporary. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Comprehensive Renovation: The property has undergone extensive modernization, including updated electrical, plumbing, gas, water lines, sewer, roof, and exterior elements, significantly reducing future capital expenditures.
Exceptional Location & Transit Access: Boasting an 86 Walk Score and mere seconds from MacArthur BART, the property offers unparalleled convenience for commuters and access to urban amenities.
Income-Generating Triplex with Flexibility: As a triplex with a separate third unit, it provides substantial rental income potential and flexibility for owner-occupancy or additional revenue streams.
Updated Interiors & Architectural Appeal: The blend of updated kitchens and bathrooms with classic Victorian architecture and hardwood floors offers modern comfort while retaining historical charm.
Desirable Unit Amenities & Outdoor Space: Each unit includes its own laundry, and a shared level garden provides valuable outdoor living and entertaining space, enhancing tenant and owner satisfaction.
Cons
Tenant Occupancy Challenges: One unit is currently tenant-occupied, which may present limitations for immediate owner-occupancy, showing flexibility, or potential rent adjustments due to existing lease agreements and local tenant protections.
Age-Related Maintenance Potential: Despite extensive renovations, the 1911 construction year means the underlying structure is over a century old, potentially leading to unforeseen maintenance or repair needs not covered by the recent updates.
Oakland Rent Control & Tenant Laws: As a multi-unit property in Oakland, it is likely subject to the city's rent control and tenant protection ordinances, which can impact rental income growth and landlord-tenant relations.