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 |
B 723 Apgar St Sold | $691,000 | 0 | 0 | 0 | 0.4 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This 1904 duplex is in largely original or severely outdated condition, having been held by the same family since 1969 with no recent renovations.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.
Don’t let days on market fool you—this is an opportunity. Nestled on a Magnolia-lined street in Oakland’s Hoover-Foster neighborhood, this fully vacant duplex has been lovingly held by the same family for over 50 years and is ready for its next chapter. Both units offer spacious, light-filled layouts with classic character. The main (lower) unit features a large living room with fireplace insert, formal dining area with built-in china cabinet, and two bedrooms with walk-in closets. Upstairs includes a bright living room with built-ins, fireplace insert, peek-a-boo SF/Downtown Oakland views, eat-in kitchen, and spacious bedroom. Underground tandem 2-car garage with basement area, situated on a 3,200 sq ft lot with potential for expansion or ADU (buyer to verify). Great opportunity for new or seasoned investors to add to a portfolio and place new tenants at market rents. Also ideal for owner-occupants seeking income potential. Conveniently located with easy access to major highways, making commuting throughout the Bay Area a breeze, with restaurants and neighborhood eateries nearby. Ask your Realtor to show you this one—easy to show. Come see it in person and imagine the possibilities!
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 | 2,423 | 7% |
| Lot Size | 3,200 | 4,099 | 13% |
| Price | $630.0K | $750.0K | 27% |
| Price per sq ft | $384 | $286 | 67% |
| Built year | 1904 | 1918 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 189 | 169 | 67% |
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