740 Tyler St, Oakland, California 94603, Oakland, 94603 - bed, bath
ACTIVE$425,000/sqft
740 Tyler St, Oakland, California 94603
0Bed
0Bath
Sqft
5,625Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex with two units, each offering 2 bedrooms and 1 bathroom, providing immediate potential for rental income and a strong return on investment.
Top Cons:
Extensive Renovation Required: The property explicitly 'requires renovation,' indicating a substantial investment of time, capital, and effort will be necessary to bring it to modern standards.
Compared to the nearby listings
Price:$425.0K vs avg $611.8K ($-186,750)38%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1921 (105 years old).
Condition: Built in 1921, this property explicitly states it 'requires renovation' and is an 'extensive renovation required' project. The lack of interior images, especially of the kitchen and bathrooms, strongly suggests these areas are in very poor, unpresentable, and likely non-functional condition, requiring complete overhaul. The exterior shows significant age and wear, indicating major systems and finishes throughout the duplex are outdated and in need of substantial repairs and rehabilitation to meet modern safety and living standards.
Year Built
1921
Close
-
List price
$425K
Original List price
$479K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41119477
Home ConditionPoor
Features
View-
About this home
This investor opportunity is situated on a corner lot and features a duplex with 2 bedrooms and 1 bathroom in each unit. The property requires renovation, offering a value-add project for investors or contractors. Highlights include a detached garage and off-street parking. A commuter’s delight, the property provides convenient access to BART, AC Transit bus routes, I-880 and I-580 freeways, and Oakland International Airport. It is located near neighborhood schools, parks, a recreation center, East Oakland Sports Center, library, senior center, Oakland Municipal Golf Course, and the communities of San Leandro and Alameda. The property is also near the projected future site of the Coliseum redevelopment, offering potential for long-term value appreciation.
S
Stephanie Davis
Listing Agent
Nearby schools
3/10
Brookfield Elementary School
Public,•K-5•0.4mi
3/10
Madison Park Academy 6-12
Public,•6-12•0.8mi
1/10
Castlemont High
Public,•9-12•1.8mi
2/10
Fremont High
Public,•9-12•2.9mi
2/10
Oakland International High School
Public,•9-12•7.8mi
Condition Rating
Poor
Built in 1921, this property explicitly states it 'requires renovation' and is an 'extensive renovation required' project. The lack of interior images, especially of the kitchen and bathrooms, strongly suggests these areas are in very poor, unpresentable, and likely non-functional condition, requiring complete overhaul. The exterior shows significant age and wear, indicating major systems and finishes throughout the duplex are outdated and in need of substantial repairs and rehabilitation to meet modern safety and living standards.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two units, each offering 2 bedrooms and 1 bathroom, providing immediate potential for rental income and a strong return on investment.
Significant Value-Add Opportunity: Explicitly marketed as an 'investor opportunity' and 'value-add project,' this property offers substantial potential for equity growth through renovation and modernization.
Prime Commuter Location: A 'commuter’s delight' with excellent access to public transportation (BART, AC Transit) and major freeways (I-880, I-580), plus proximity to Oakland International Airport.
Future Appreciation Potential: Located near the projected future site of the Coliseum redevelopment, positioning the property for strong long-term value appreciation.
Practical Features & Corner Lot: Benefits from a desirable corner lot, a detached garage, and off-street parking, enhancing tenant appeal and overall property functionality.
Cons
Extensive Renovation Required: The property explicitly 'requires renovation,' indicating a substantial investment of time, capital, and effort will be necessary to bring it to modern standards.
Advanced Age of Structure: Built in 1921, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and higher ongoing maintenance costs.
Impact of Local School Ratings: While an investor opportunity, the presence of nearby schools with lower ratings (e.g., Castlemont High rating 1) could potentially limit the pool of family-oriented tenants or future owner-occupants.