
Oakland, California 94605
This Multi-family Residential Income property presents a High-Potential Investment Opportunity with a List Price of $989,000—positioned well below the $1,039,263 Fair Market Value by 4%. This valuation gap offers $50,263 in Instant Equity. Featuring a Condition Rating of 2, the home includes a 5-bedroom main residence and a 2-bedroom guest unit with Sweeping Bay Views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, renovated asset with significant rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7523 Outlook Ave Subject | $989,000* List Price | 0 | 0 | 3,376 | $308 | - |
A 2740 2740 73rd Ave Active | $999,000 List Price | 0 | 0 | 3,196 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations (likely <5 years) featuring modern kitchens with stone countertops, stainless steel appliances, updated flooring, and upgraded systems including on-demand water heaters and gas furnaces.
This duplex configuration features a substantial 5-bedroom main residence and a separate 2-bedroom guest unit, providing excellent opportunities for rental income, house-hacking, or multi-generational living.
The property has been thoroughly renovated with stone countertops, stainless steel appliances, and separate utility systems—including on-demand water heaters and individual gas furnaces—reducing immediate maintenance needs.
Built in 1935, this Normandy-style home retains its historic character while offering sweeping views of the Bay and city lights from its elevated position in the Eastmont Hills.
The local public schools assigned to this address carry low ratings (ranging from 1 to 4), which may impact long-term resale value and appeal to families with school-aged children.
The property is situated on a deep, sloped lot in the hills, which often entails higher costs for landscaping, drainage management, and potential foundation monitoring compared to flat-land properties.
Charming Multi-family with Sweeping Bay Views! Perched on a deep 6,992± sq ft lot* in the desirable Eastmont Hills neighborhood, this extensively renovated property offers sweeping distant water views and exceptional versatility across three levels. The main residence showcases hardwood floors throughout, a beautifully remodeled kitchen with stone countertops, quality cabinetry, stainless steel appliances, tile flooring, and a charming breakfast room. Formal living and dining rooms provide elegant spaces for entertaining, while the spacious living room features a classic fireplace and abundant natural light. Five bedrooms and two bathrooms span the upper levels, offering flexibility for large households, multigenerational living, or shared arrangements. The thoughtfully designed lower-level guest unit features slate flooring, an open-concept living area, a stylish modern kitchen, two bedrooms, a full bath, and direct yard access—ideal for extended family, guests, or potential rental income.** Each unit has its own laundry, on-demand water heater, and gas furnace. A rare opportunity for investors or owner-occupants seeking generous space, architectural charm, separate accommodations, and captivating views in a neighborhood celebrated for its storybook Normandy-style homes dating back to the 1930s. *Per public record. **Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short-term, or increase in future long-term rental
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-8 • 0.3 mi
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 | 3,376 | 3,014.5 | 50% |
| Lot Size | 6,992 | 4,500 | 75% |
| Price | $989.0K | $737.5K | 75% |
| Price per sq ft | $293 | $266 | 50% |
| Built year | 1935 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 89 | 25% |
May 23, 2026
$989,000
Initial Listing
Nov 29, 2017
$685,000
Public Record
Sep 8, 2017
$550,000
Public Record
Dec 24, 2002
$253,000
Public Record
Mar 22, 2002
$180,000
Public Record