662 662 45th St, Oakland, California 94609, Oakland, 94609 - 0 bed, 0 bath
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Oakland, California 94609
$80,000 in Instant Equity- Span tag. Fair Condition Rating- Markdown bold. high-reward acquisition- Markdown bold. Fix-and-Flip Investors` - Span tag.
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*Pattern:*
- Asset/Home Classification: **Income-Generating Triplex**
- List Price: **$1,249,000**
- Fair Market Value: **$1,300,162**
- Equity Amount: `<span class="text-green-600 font-bold underline">$51,162 in Instant Equity</span>`
- Key Features: **front duplex and detached rear home**, **Walk Score of 100**, **Oakland Technical High**
- Condition Rating: **Good Condition Rating**
- Ideal Buyer Profile: `<span class="text-blue-600 font-bold">Buy-and-Hold Investors</span>`, `<span class="text-purple-600 font-bold">Owner-Occupants</span>`
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`ideal for <span class="text-blue-600 font-bold">Fix-and-Flip Investors</span> or <span class="text-purple-600 font-bold
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 662 662 45th St Subject | $1,249,000* List Price | 0 | 0 | 2,920 | $445 | - |
A 3830 Clarke St Sold | $1,100,000 | 0 | 0 | 2,298 | $479 | 0.5 mi |
B 573 59th St Sold | $1,060,000 | 0 | 0 | 0 | 0.8 mi | |
C 719 35th St Sold | $925,000 | 0 | 0 | 0 | 0.7 mi | |
D 528 41st St Active | $999,000 List Price | 0 | 0 | 3,052 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1932, the property is classified as 'Good' due to significant recent capital improvements including new roofs, windows, exterior paint, and plumbing updates. The units are move-in ready with functional systems like new water heaters and toilets, though the 1932 vintage suggests some original character remains rather than a full contemporary 'Excellent' renovation.
Boasting a perfect Walk Score of 100 in the desirable NOBE neighborhood, this property offers unparalleled access to BART, dining, and shopping, ensuring consistently high rental demand.
Significant recent upgrades, including new roofs, windows, paint, and plumbing updates, reduce immediate maintenance requirements and enhance the property's long-term value.
The configuration of a front duplex plus a detached rear home, combined with tenants paying their own utilities, optimizes net operating income and provides flexible rental options.
The property is served by several schools with low performance ratings, which may deter families and limit the potential tenant pool for the larger units.
Originally constructed in 1932, the property may possess inherent challenges related to older infrastructure and insulation that partial upgrades might not fully address.
662 45th Street in Oakland is a 1932-built investment property in the desirable NOBE neighborhood featuring a front duplex and a rear single-family home, totaling about 2,900 sq ft. The units include two 2-bedroom/1-bath units and one 1.5-bedroom/1-bath unit, all with private parking and washer/dryer hookups. Tenants pay their own utilities, reducing operating costs. Recent upgrades include new roofs, windows, paint, plumbing updates, and a new water heater and toilet. The rear single-family home offers a private yard and flexible living space, adding rental income potential. With a Walk Score of 100 and close proximity to BART, restaurants, schools, parks, and shopping, the property offers strong rental demand and long-term investment potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,920 | 2,499 | 73% |
| Lot Size | 5,000 | 4,118 | 80% |
| Price | $1.25M | $750.0K | 87% |
| Price per sq ft | $428 | $286 | 73% |
| Built year | 1932 | 1918 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 169 | 7% |
Mar 1, 2026
$1,249,000
Initial Listing
Nov 21, 2018
$805,000
Public Record