556 558 Alcatraz Ave, Oakland, California 94609, Oakland, 94609 - bed, bath
556 558 Alcatraz Ave
Oakland, California 94609
Property Price
SUMMARY
Analysis of 556 558 Alcatraz Ave, Oakland, California 94609 is currently available with a list price of $499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1900 and offered for the first time in decades, this duplex exhibits significant deferred maintenance and outdated systems. The kitchens and bathrooms feature mid-century or older fixtures, worn cabinetry, and aging appliances that require complete replacement. Visible peeling exterior paint, dated wall heaters, and heavily worn flooring throughout indicate the property needs substantial rehabilitation and modernization of all major components to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Transit-Oriented Location
Ideally situated between Rockridge and Ashby BART stations and near the Berkeley border, this property offers exceptional commuter access and proximity to high-end amenities like Whole Foods and local cafes.
- Immediate Occupancy Flexibility
Both units are delivered vacant, providing a rare opportunity for an owner-occupant to move in immediately or for an investor to secure market-rate tenants without the complications of existing lease agreements.
- Significant Value-Add Potential
With nearly 2,500 square feet of living space and offered for the first time in decades, there is substantial room to increase equity and rental income through modern renovations and strategic upgrades.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1900, the property likely requires extensive modernization of major systems and structural components to meet current building codes and buyer expectations.
- Limited Outdoor Space
The 3,240 square foot lot is relatively small for a duplex of this size, which restricts private outdoor living areas and may limit off-street parking availability.
About 556 558 Alcatraz Ave
Opportunity awaits in one of Oakland’s most desirable neighborhoods, prized for its close proximity to Berkeley. Offered for the first time in decades, this 2,499 sq ft duplex presents a rare blend of location, flexibility, and value add potential. Featuring one 2bd/1ba unit and one 1bd/1ba unit, both delivered vacant, the property offers immediate possibilities for rental income or owner occupancy. Ideal for investors or buyers looking to live in one unit while renting the other, this duplex provides versatility in a high demand rental market. Conveniently situated between Rockridge and Ashby BART stations, and just moments from Whole Foods, neighborhood shops, cafes, and multiple transit options, the location supports both everyday convenience and long term investment potential! *Some listing photo are digitally modified.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1900
- Lot Size
- 3,240 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Peralta Elementary School
Grades K-5 • 0.2 mi
Sankofa Academy
Grades PK-5 • 0.2 mi
Leconte Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,499 | - | 80% |
| Lot Size | 3,240 | 4,368 | 13% |
| Price | $499.0K | $750.0K | 13% |
| Price per sq ft | $200 | $0 | 67% |
| Built year | 1900 | 1918 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 149 | 7% |
Pricing History
Listed for Sale
Feb 26, 2026
$499,000
Initial Listing