642 Douglas Avenue, Oakland, California 94603, Oakland, 94603 - 0 bed, 0 bath
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Oakland, California 94603
Analysis of 642 Douglas Avenue, Oakland, California 94603 is currently available with a list price of $595,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1963, the property is described as a turn-key duplex with a freshly renovated bottom unit. The interior features new flooring, fresh paint, and updated kitchens with granite countertops and modern appliances. The 'fresh' nature of the renovation suggests it was completed within the last 5 years, meeting the criteria for excellent condition.
The property features a freshly renovated bottom unit with new flooring and paint, allowing for immediate occupancy and market-rate rental income without the need for initial capital improvements.
Situated with easy access to I-880, Oakland International Airport, and the Coliseum, the property is highly attractive to commuters and local employees, ensuring a steady pool of potential tenants.
The mirror-image duplex configuration is ideal for house-hacking or traditional investing, offering the flexibility to offset a mortgage by living in one unit while renting the other.
The assigned public schools have low ratings, ranging from 1 to 3, which may deter families and impact long-term appreciation compared to areas with higher-rated districts.
While the bottom unit is newly renovated, the top unit is not described as having the same updates, which could lead to lower rent for that unit or upcoming maintenance requirements.
This turn-key Oakland duplex is a premier opportunity for investors or house-hackers looking to generate immediate cash flow. This 4-bedroom, 2-bathroom property is perfectly split into two mirror-image, top-and-bottom 2BR/1BA units. The bottom unit has been freshly renovated to attract top of market rent tenants and will keep overhead low for years to come. The interior shines with a fresh coat of paint and newly updated flooring, providing a modern, low-maintenance aesthetic that is ready for occupancy the day you close. Situated in a central location near Brookfield Village, the property offers easy access to I-880, Oakland International Airport, and the Coliseum, making it a highly desirable spot for commuters and those who are locally employed. With the heavy lifting of renovations already complete, you can skip the "fixer-upper" phase and move straight to maximizing your ROI. Whether you're looking to offset your mortgage by living in one unit or want a hands-off addition to your portfolio, this duplex is a savvy, high-yield asset in a growing market.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-12 • 0.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,514 | 2,547 |
| Lot Size | 5,000 | 4,475 |
| Price | $595.0K | $860.2K |
| Price per sq ft | $393 | $344 |
| Built year | 1963 | 1920 |
| HOA | $0 | $0 |
| Days on market | 12 | 56 |
Jul 10, 2026
$595,000
Initial Listing
Aug 11, 2008
$158,000
Public Record
Feb 28, 2006
$450,000
Public Record
Jan 31, 2000
$139,500
Public Record