7856 Ney Ave, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Move-In Ready Duplex is a Prime Investment Opportunity, listed at $825,000—positioned well below the $853,434 Fair Market Value by 3%. This valuation gap offers $28,434 in Instant Equity. Featuring an Excellent Condition Rating, the property includes fully updated kitchens, Bay views, and a 5,000 SF backyard. With a lower unit generating steady rental income, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7856 Ney Ave Subject | $825,000* List Price | 0 | 0 | 2,770 | $308 | - |
A 2218 82nd Ave Pending | $949,000 List Price | 0 | 0 | 2,858 | $332 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was renovated within the last few years, featuring fully updated kitchens with shaker cabinets and stainless steel appliances, modern bathrooms with contemporary tiling, and updated flooring throughout. As a move-in ready duplex with a renovation age under 5 years, it meets the criteria for excellent condition.
This move-in ready duplex features a lower unit already generating $1,500/month in rental income with separate electric metering, making it an ideal opportunity for house-hacking or multi-generational living.
The property boasts fully renovated kitchens and bathrooms, hardwood floors, and an upper unit that offers beautiful Bay views, providing a high-end feel and immediate move-in readiness.
A rare 5,000 SF backyard with new fencing, planter boxes, and a mature Redwood tree offers significant space for gardening, entertaining, and potential future expansion.
The assigned public schools have low performance ratings, with the local high school and middle school scoring a 1 and 2 respectively, which may impact appeal for families.
While the interior is renovated, the 1947 construction may still present maintenance challenges common to older homes regarding plumbing, electrical, or foundation elements not explicitly updated.
Upgraded, move-in ready duplex! Renovated a few years ago, this property features fully updated kitchens and bathrooms, with an upper and lower unit that lives more like a single-family and in-law unit. The spacious upper unit offers beautiful Bay views, a primary suite, hardwood floors, and an open family room with a modern wet bar and brick fireplace. The lower 1 bed/1 bath unit has no steps to entry and is rented at $1500/mo, with separate electric metering and laundry hook-ups. Come see the expansive 5,000 SF backyard with new fencing, planter boxes, and a mature Redwood, perfect for gardening, hosting, and outdoor living. With an ideal location near I-580, this property is an excellent opportunity for house-hacking or multi-generational living. Don’t miss your chance to tour!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-8 • 0.1 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 | 2,770 | 2,711.5 | 50% |
| Lot Size | 6,668 | 4,500 | 75% |
| Price | $825.0K | $737.5K | 50% |
| Price per sq ft | $298 | $268 | 50% |
| Built year | 1947 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 91 | 25% |
May 9, 2026
$825,000
Initial Listing
Jul 26, 2006
$234,000
Public Record
Oct 3, 2000
$280,000
Public Record