662 662 45th St, Oakland, California 94609, Oakland, 94609 - bed, bath
662 662 45th St
Oakland, California 94609
Property Price
SUMMARY
Analysis of 662 662 45th St, Oakland, California 94609 is currently available with a list price of $1,249,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Walkability
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.
- Recent Capital Improvements
Significant recent upgrades, including new roofs, windows, paint, and plumbing updates, reduce immediate maintenance requirements and enhance the property's long-term value.
- Favorable Investment Structure
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.
CONSRISKS & DEFICIENCIES
- Low School Ratings
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.
- Vintage Building Risks
Originally constructed in 1932, the property may possess inherent challenges related to older infrastructure and insulation that partial upgrades might not fully address.
About 662 662 45th St
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1932
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Emerson Elementary School
Grades K-5 • 0.6 mi
Sankofa Academy
Grades PK-5 • 0.9 mi
Claremont Middle School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,920 | - | 87% |
| Lot Size | 5,000 | 4,662 | 73% |
| Price | $1.25M | $750.0K | 80% |
| Price per sq ft | $428 | $0 | 80% |
| Built year | 1932 | 1918 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 149 | 7% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,249,000
Initial Listing
Sold
Nov 21, 2018
$805,000
Public Record