672 33rd St, Oakland, California 94609, Oakland, 94609 - 0 bed, 0 bath
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Oakland, California 94609
This 1904 Residential Income Duplex serves as a High-Potential Investment Opportunity for those seeking a comprehensive value-add project in Oakland. Currently listed at $630,000, the property sits above its $414,814 Fair Market Value, yet offers significant upside through forced appreciation and development. With a Condition Rating of 5, the structure requires extensive modernization but features vintage architectural charm, peek-a-boo SF views, and a 3,200 sq ft lot with ADU potential. Located near BART, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 672 33rd St Subject | $630,000* List Price | 0 | 0 | 1,640 | $253 | - |
A 699 33rd St Sold | $580,000 | 0 | 0 | 1,951 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1904 duplex is in largely original or severely outdated condition, having been held by the same family since 1969 with no recent renovations. The kitchens and bathrooms are functionally obsolete, featuring mid-century cabinetry and aged appliances that require full replacement. The interior shows significant wear, including dated carpets and wall-heater units, while the 'as-is' trust sale status and marketing toward contractors suggest substantial deferred maintenance and the need for major system overhauls (electrical, plumbing, and potentially foundation) to meet modern standards.
As a classic duplex in a central Oakland location, this property offers excellent flexibility for owner-occupiers seeking rental income or investors looking for a value-add project.
The 3,200 sq ft lot provides significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU), allowing for increased density and property value.
Ideally situated in the Hoover-Foster neighborhood with rapid access to BART, major highways, and key Bay Area commute routes, ensuring high tenant demand.
The property is a trust sale being sold in as-is condition, requiring a buyer with the capital and expertise to handle extensive modernization and repairs.
The layout includes a tandem bathroom in the lower unit and a tandem 2-car garage, which may be viewed as less convenient or desirable by modern residents.
Built in 1904 and held by the same family since 1969, the home likely requires significant updates to major systems such as plumbing, electrical, and foundation to meet current standards.
Nestled on a tree-lined street in Oakland’s desirable Hoover-Foster neighborhood, this rare vacant duplex presents an exceptional opportunity for investors, contractors, developers, or owner-occupants seeking income potential and future appreciation. Owned by the same family for more than 50 years, the property offers a lower 2-bedroom, 1-bath unit and an upper 1-bedroom, 1-bath unit, providing flexibility for multi-generational living, rental income, or a live-in-one, rent-the-other scenario. Rich with vintage character and awaiting its next chapter, the property features original architectural details, a tandem two-car garage, basement storage area, laundry hookups, and a spacious lot with potential for further improvements. The vacant status allows buyers to renovate and establish their own rents without tenant restrictions. Ideally located near the vibrant restaurants, cafés, breweries, and shops of North Oakland, with convenient access to MacArthur BART, downtown Oakland, Emeryville, Berkeley, major freeways, and public transportation. Whether you’re looking to restore, reposition, or reimagine, this property offers a unique opportunity to create value in one of Oakland’s most dynamic and connected neighborhoods. Bring your vision and unlock the potential of this North Oakland gem.
No exterior & parking available.
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 | 1,640 | 2,461 | 5% |
| Lot Size | 3,200 | 4,129.5 | 15% |
| Price | $630.0K | $930.0K | 15% |
| Price per sq ft | $384 | $340 | 55% |
| Built year | 1904 | 1917 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 234 | 128 | 80% |
Feb 11, 2026
$630,000
$675,000
-7% Price Drop
Initial Listing
Dec 12, 2025
$675,000
$725,000
-7% Price Drop
Initial Listing
Oct 15, 2025
$725,000
Initial Listing