6054 Outlook Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 1 bath

6054 Outlook Ave, Oakland, California 94605 home-pic-0
ACTIVE$520,000$1,118/sqft
Est. Value: $481,908
-7%
AboveEstimate
6054 Outlook Ave, Oakland, California 94605
3Beds
1Bath
1,118Sqft
6,350Lot

Price Vs. Estimate

The estimated value ($481,908.4) is $38,091.6 (7%) lower than the list price ($520,000). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Value-Add Potential: The property is described as having 'great bones' and offers a 'wonderful opportunity to create something special,' making it ideal for buyers looking to customize and build equity through renovation.
Top Cons:
Extensive Renovation Required: The property 'needs TLC and updating,' indicating that significant investment and effort will be required to modernize and bring the home to current standards.

Compared to the nearby listings

Price:$520.0K vs avg $711.0K ($-191,000)22%
Size:1,118 sqft vs avg 1,338.5 sqft28%
Price/sqft:$465 vs avg $50137%

More Insights

Built in 1925 (101 years old).
Condition: Built in 1925, this property is in a state of significant disrepair, requiring substantial rehabilitation. The kitchen features extremely outdated wood cabinetry, worn laminate countertops, old appliances (including a built-in oven/cooktop from a past era), and damaged linoleum flooring. The bathroom is equally dated with an old vanity, worn patterned flooring, and a very old shower/tub combo with sliding glass doors. Throughout the home, there are old, stained carpets, acoustic tile ceilings, peeling paint/wallpaper, and dated light fixtures. The description 'needs TLC and updating' is an understatement; the property shows extensive deferred maintenance and major components are well beyond their expected lifespan, making it uncomfortable and in need of comprehensive renovation.
Year Built
1925
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
41120386
Home ConditionPoor
Features
Deck
Patio
View-

About this home

Bring your vision to this 3-bedroom home with great bones, situated on an up-slope lot with an extra-large yard and wooden deck. The home features a cozy fireplace, inviting living spaces, and a private patio for outdoor enjoyment. A 2-car tandem garage with storage and work benches adds functionality. While the home needs TLC and updating, it offers a wonderful opportunity to create something special.

N
Nicole Norris
Listing Agent
Condition Rating
Poor

Built in 1925, this property is in a state of significant disrepair, requiring substantial rehabilitation. The kitchen features extremely outdated wood cabinetry, worn laminate countertops, old appliances (including a built-in oven/cooktop from a past era), and damaged linoleum flooring. The bathroom is equally dated with an old vanity, worn patterned flooring, and a very old shower/tub combo with sliding glass doors. Throughout the home, there are old, stained carpets, acoustic tile ceilings, peeling paint/wallpaper, and dated light fixtures. The description 'needs TLC and updating' is an understatement; the property shows extensive deferred maintenance and major components are well beyond their expected lifespan, making it uncomfortable and in need of comprehensive renovation.
Pros & Cons

Pros

Significant Value-Add Potential: The property is described as having 'great bones' and offers a 'wonderful opportunity to create something special,' making it ideal for buyers looking to customize and build equity through renovation.
Expansive Outdoor Living: Features an 'extra-large yard,' a 'wooden deck,' and a 'private patio,' providing ample space for outdoor enjoyment, entertaining, and potential landscaping projects.
Practical Garage & Storage: A '2-car tandem garage with storage and work benches' offers valuable utility, secure parking, and dedicated workspace.
Charming Original Features: The presence of a 'cozy fireplace' and 'inviting living spaces' contributes to the home's character and warmth, appealing to those who appreciate classic design elements.
Generous Lot Size: With a 6350 sqft lot, there's significant potential for expansion of the existing 1118 sqft home or further enhancement of the outdoor areas.

Cons

Extensive Renovation Required: The property 'needs TLC and updating,' indicating that significant investment and effort will be required to modernize and bring the home to current standards.
Up-Slope Lot Configuration: Situated on an 'up-slope lot,' which may present challenges for accessibility, landscaping, or future expansion, and could require specialized construction considerations.
Limited Bathroom Facilities: With only one bathroom for three bedrooms, the property may not meet the functional needs of larger families or those desiring more convenience.
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