
Oakland, California 94610
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $988,000—positioned well below the $1,001,257 Fair Market Value by 1%. With a Condition Rating of 3, the property features extensive modern upgrades, including new electrical and heating systems. Located in a prime 97 Walk Score district near Top-Rated Schools like Crocker Highlands Elementary, this asset offers significant rental demand and Panoramic Views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property.
Property is move-in ready.
While built in 1917, the property has undergone significant recent renovations including a new roof, upgraded wiring, and new heating systems. Kitchens and baths are modernized with granite counters, newer cabinets, and stainless steel appliances, making it well-maintained and move-in ready.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Boasting a 97 Walk Score, the property is ideally situated in the Grand Lake District near Lake Merritt, transit hubs, and vibrant shopping, ensuring high tenant demand.
The property features significant capital improvements including a new roof, updated wiring, new heating, and modern kitchen/bath finishes, minimizing immediate CAPEX for an investor.
The occupied basement unit is non-conforming, which may present legal compliance risks, potential permitting hurdles, or complications during the financing and appraisal process.
The conversion of the garage into a workshop eliminates traditional covered parking, which could be a disadvantage for residents in a high-density neighborhood where parking is at a premium.
Updated Grand Lake District multi unit with a 97 walk score. The property is located in close proximity to Lake Merritt, the Morcom Rose Garden, shops, restaurants, Safeway, Trader Joe's, BART ,the Transbay Bus, the Grand Lake Theatre, a weekly Farmers Market and Highway 580. The street level unit is presently one bedroom one bath but had been converted from a two bedroom ( could be converted back) and the upstairs unit is one bed one bath with a separate entrance. There is also a non conforming unit in the basement that is occupied and pays $675/m. Upgrades include a new roof, down spouts ,front porch , exterior and interior paint and stucco throughout, upgraded wiring ,heating and newer tub surrounds . In addition there are upgraded cabinets, wood flooring, granite counters, a newer stainless steel sink, dishwasher and range , refrigerator, light fixtures, flooring ,updated baths and new front landscaping. The garage has been converted to a workshop. The upstairs unit has panoramic views. Each unit has a living room and a dining area.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,806 | 2,547 |
| Lot Size | 4,150 | 4,475 |
| Price | $988.0K | $860.2K |
| Price per sq ft | $547 | $344 |
| Built year | 1917 | 1920 |
| HOA | $0 | $0 |
| Days on market | 28 | 56 |
Jun 24, 2026
$988,000
Initial Listing
May 27, 2011
$435,000
Public Record
Oct 21, 2005
$650,000
Public Record