551 53rd Street, Oakland, California 94609, Oakland, 94609 - bed, bath
ACTIVE$995,000
551 53rd Street, Oakland, California 94609
0Bed
0Bath
2,031Sqft
4,160Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Remodel & Turnkey Condition: The duplex has undergone a comprehensive remodel, featuring new windows, flooring, paint, fixtures, updated kitchens with quartz countertops and stainless steel appliances, and refreshed bathrooms. All work is permitted, offering a truly turnkey opportunity.
Top Cons:
Age of Original Structure: Despite extensive remodels, the property's original construction date of 1912 means some foundational or structural elements are over a century old, which could imply potential for unforeseen issues not covered by the recent upgrades.
Compared to the nearby listings
Price:$995.0K vs avg $975.0K (+$20,000)53%
Size:2,031 sqft vs avg sqft87%
Price/sqft:$490 vs avg $093%
More Insights
Built in 1912 (113 years old).
Condition: This property has undergone an extensive and recent renovation, as evidenced by the description and images. Key features like new windows, flooring, paint, and fixtures throughout, along with updated kitchens featuring quartz countertops, soft-close cabinetry, and stainless steel appliances, and refreshed bathrooms with modern vanities and tile flooring, all point to a virtually new condition. The new roof, redwood porch/decking, and completed sewer lateral and sidewalk certifications further confirm a comprehensive upgrade. Despite the 1912 build year, the property meets the 'extensively renovated within 5 years' criteria, presenting as a turnkey opportunity with no deferred maintenance.
Year Built
1912
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021376
Home ConditionExcellent
Features
View-
About this home
Remodeled duplex offering two spacious units featuring new windows, flooring, paint, and fixtures throughout. Updated kitchens include quartz countertops, soft-close cabinetry, and stainless steel appliances. Bathrooms are refreshed with tile flooring, modern vanities, a tub/shower combo in one unit and a stall shower in the other. Live in one unit and rent the other, use as an in-law suite, or build an ADU in the large backyard for added income potential. Exterior upgrades include low-maintenance landscaping, new redwood front porch and decking, new roof and large cement backyard that can be used for off-street parking. All remodel work permitted and both sewer lateral and sidewalk certifications are complete. Ideally located just steps from Temescal Alley's shops, dining and activities, in the highly rated Temescal School District. Easy access to UCSF Childrens Hospital, Telegraph Ave, Frogs Park, and Ashby/Rockridge BART stations. A flexible, turnkey opportunity with a motivated seller. WELCOME HOME!
Condition Rating
Excellent
This property has undergone an extensive and recent renovation, as evidenced by the description and images. Key features like new windows, flooring, paint, and fixtures throughout, along with updated kitchens featuring quartz countertops, soft-close cabinetry, and stainless steel appliances, and refreshed bathrooms with modern vanities and tile flooring, all point to a virtually new condition. The new roof, redwood porch/decking, and completed sewer lateral and sidewalk certifications further confirm a comprehensive upgrade. Despite the 1912 build year, the property meets the 'extensively renovated within 5 years' criteria, presenting as a turnkey opportunity with no deferred maintenance.
Pros & Cons
Pros
Extensive Remodel & Turnkey Condition: The duplex has undergone a comprehensive remodel, featuring new windows, flooring, paint, fixtures, updated kitchens with quartz countertops and stainless steel appliances, and refreshed bathrooms. All work is permitted, offering a truly turnkey opportunity.
Strong Income Generating Potential: As a duplex, it offers flexible living options (live in one, rent the other, or in-law suite) and significant income potential, further enhanced by the large backyard's suitability for an Accessory Dwelling Unit (ADU).
Prime Urban Location & Accessibility: Ideally situated steps from Temescal Alley's vibrant shops and dining, within the highly-rated Temescal School District, and with easy access to UCSF Children's Hospital, Telegraph Ave, Frogs Park, and BART stations.
Key System Upgrades & Certifications: Recent exterior upgrades include a new roof, redwood front porch/decking, and crucial sewer lateral and sidewalk certifications, providing peace of mind and reducing immediate capital expenditures for a buyer.
Valuable Off-Street Parking: The large cement backyard offers practical off-street parking, a significant advantage and highly sought-after amenity in an urban setting like Oakland.
Cons
Age of Original Structure: Despite extensive remodels, the property's original construction date of 1912 means some foundational or structural elements are over a century old, which could imply potential for unforeseen issues not covered by the recent upgrades.
Lack of Explicit HVAC/Cooling System: The detailed description of renovations does not mention the installation of a central heating, ventilation, and air conditioning (HVAC) system or cooling, which could be a comfort concern for occupants during extreme weather.
Limited Green Space in Backyard: While practical for off-street parking, the 'large cement backyard' suggests a lack of traditional green space or garden area, which may not appeal to buyers seeking outdoor recreational or gardening opportunities.