553 34th, Oakland, California 94609, Oakland, 94609 - 7 bed, 5 bath
ACTIVE UNDER CONTRACT$725,000
553 34th, Oakland, California 94609
7Beds
5Baths
3,644Sqft
4,646Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Quadruplex: The property is a quadruplex, offering significant potential for rental income and a strong investment opportunity in the residential income market.
Top Cons:
Historic Property with Potential for Deferred Maintenance: Built in 1912, the property's age suggests a high likelihood of requiring substantial investment for system updates, repairs, and modernization to meet current standards.
Compared to the nearby listings
Price:$725.0K vs avg $925.0K ($-200,000)33%
Size:3,644 sqft vs avg sqft87%
Price/sqft:$199 vs avg $093%
More Insights
Built in 1912 (113 years old).
Condition: Built in 1912, this property is over a century old with no indication of major recent renovations. The MLS listing explicitly notes a 'potential for deferred maintenance' and suggests 'substantial investment for system updates, repairs, and modernization.' Without interior images, it's highly probable that the kitchen and bathrooms are severely outdated, requiring full renovation, and major systems (electrical, plumbing, HVAC) are likely beyond their expected lifespan. The exterior image supports this, showing faded paint, worn stairs, and neglected landscaping, indicating a lack of recent upkeep. The property requires substantial repairs and rehabilitation to meet modern living standards.
Year Built
1912
Close
-
List price
$725K
Original List price
$750K
Price/Sqft
$199
HOA
-
Days on market
-
Sold On
-
MLS number
PW25234832
Home ConditionPoor
Features
View
About this home
553 34th St is a multi-family home built in 1912, offering 3,644 sq ft of living space with 4.5 bathrooms, on a 4,646 sq ft lot. It’s located in the Oakland Unified School District, near Hoover Elementary, Westlake Middle, and Oakland Technical High. The property is conveniently located near I-580, I-980, SR-24, and I-880, providing easy access throughout the East Bay and beyond. Close to major shopping destinations like Bay Street Emeryville, Oakland City Center, Rockridge Market Hall, and local retail corridors along Telegraph Ave and Grand Lake.
Nearby schools
2/10
Hoover Elementary School
Public,•K-5•0.4mi
2/10
Emerson Elementary School
Public,•K-5•1.0mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.1mi
1/10
Lafayette Elementary School
Public,•2-5•1.3mi
8/10
Lincoln Elementary School
Public,•K-5•1.6mi
2/10
Westlake Middle School
Public,•6-8•0.7mi
3/10
Mcclymonds High School
Public,•9-12•0.7mi
2/10
Oakland International High School
Public,•9-12•0.9mi
7/10
Oakland Technical High School
Public,•9-12•1.0mi
2/10
Fremont High
Public,•9-12•4.6mi
Condition Rating
Poor
Built in 1912, this property is over a century old with no indication of major recent renovations. The MLS listing explicitly notes a 'potential for deferred maintenance' and suggests 'substantial investment for system updates, repairs, and modernization.' Without interior images, it's highly probable that the kitchen and bathrooms are severely outdated, requiring full renovation, and major systems (electrical, plumbing, HVAC) are likely beyond their expected lifespan. The exterior image supports this, showing faded paint, worn stairs, and neglected landscaping, indicating a lack of recent upkeep. The property requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Income-Generating Quadruplex: The property is a quadruplex, offering significant potential for rental income and a strong investment opportunity in the residential income market.
Strategic Location & Accessibility: Conveniently located with excellent access to major freeways (I-580, I-980, SR-24, I-880), ensuring easy commutes and connectivity throughout the East Bay.
Proximity to Urban Amenities: Situated near prominent shopping destinations like Bay Street Emeryville, Oakland City Center, Rockridge Market Hall, and various local retail corridors.
Substantial Living Space: Boasting 3,644 sq ft of living space with 7 bedrooms and 5 bathrooms, providing ample room for multiple units or spacious living arrangements.
Access to Highly-Rated High School: Located near Oakland Technical High School, which holds a strong rating of 7, a significant draw for families with high school-aged children.
Cons
Historic Property with Potential for Deferred Maintenance: Built in 1912, the property's age suggests a high likelihood of requiring substantial investment for system updates, repairs, and modernization to meet current standards.
Recent Price Reductions: Multiple price drops from the initial listing indicate potential market resistance or that the property may still be perceived as overpriced by prospective buyers.
Mixed School Performance: While one high school is well-rated, several nearby elementary and middle schools have low ratings (2), which could deter families with younger children.