6908 Macarthur Blvd, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
ACTIVE$399,000
6908 Macarthur Blvd, Oakland, California 94605
3Beds
2Baths
1,020Sqft
5,364Lot
Price Vs. Estimate
The estimated value ($361,898.375) is $37,101.625 (9%) lower than the list price ($399,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Value-Add Potential: Explicitly marketed as a 'blank canvas' for investors and renovators, offering significant opportunity to customize and maximize returns through a full remodel.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be 'in need of a full remodel,' implying significant time, capital, and effort will be required to bring it to modern standards.
Compared to the nearby listings
Price:$399.0K vs avg $730.0K ($-331,000)6%
Size:1,020 sqft vs avg 1,415 sqft16%
Price/sqft:$391 vs avg $51120%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property is explicitly described as 'in need of a full remodel' and a 'true blank canvas.' The images confirm this, showing a severely outdated and worn kitchen with old cabinets, countertops, and appliances, requiring a complete gut renovation. Interior rooms display significant wear, damaged flooring, and visible wall/ceiling issues. The exterior is dated and unkempt. The property requires substantial repairs and rehabilitation, including extensive system replacements, to be habitable and meet modern standards.
Year Built
1920
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$391
HOA
-
Days on market
-
Sold On
-
MLS number
41103560
Home ConditionPoor
Features
View-
About this home
Calling all investors and visionary renovators! This 3 bedroom and 1.5 bathroom is a true blank canvas, offering an unparalleled opportunity to add significant value. In need of a full remodel, this home presents a rare chance to customize every detail and maximize your returns. With solid bones and a desirable lot size, the possibilities are truly endless. Whether you're planning a profitable flip, a lucrative rental, or a strategic long-term hold, this is the property you've been searching for. Plus, it has a versatile basement which adds even more potential for expansion and customization. Don’t miss this exceptional investment opportunity! Bring your contractor and imagination—schedule a viewing today and unlock the potential of this property.
Condition Rating
Poor
Built in 1920, this property is explicitly described as 'in need of a full remodel' and a 'true blank canvas.' The images confirm this, showing a severely outdated and worn kitchen with old cabinets, countertops, and appliances, requiring a complete gut renovation. Interior rooms display significant wear, damaged flooring, and visible wall/ceiling issues. The exterior is dated and unkempt. The property requires substantial repairs and rehabilitation, including extensive system replacements, to be habitable and meet modern standards.
Pros & Cons
Pros
High Value-Add Potential: Explicitly marketed as a 'blank canvas' for investors and renovators, offering significant opportunity to customize and maximize returns through a full remodel.
Desirable Lot Size: A 5,364 sqft lot provides ample space for potential expansion, landscaping, or creating desirable outdoor living areas.
Versatile Basement: The presence of a versatile basement offers additional square footage for expansion, customization, or potential for an ADU, enhancing future value.
Solid Structural Foundation: Described as having 'solid bones,' indicating a good underlying structure that can serve as a strong base for renovation, potentially reducing major structural costs.
Strategic Oakland Location: Situated in Oakland's Millsmont area, offering access to a dynamic real estate market with potential for appreciation and a relatively accessible entry price point for the region.
Cons
Extensive Renovation Required: The property is explicitly stated to be 'in need of a full remodel,' implying significant time, capital, and effort will be required to bring it to modern standards.
Outdated Systems & Finishes: Built in 1920, the home likely has original or very old systems (electrical, plumbing, HVAC) and finishes, necessitating comprehensive updates which can be costly.
Limited Current Bathroom Count: With only 1.5 bathrooms for a 3-bedroom home, this configuration is below modern expectations and will likely be a priority for expansion or upgrade during renovation.