78567858 Garfield Avenue, Oakland, California 94605, Oakland, 94605 - bed, bath
ACTIVE$500,000
78567858 Garfield Avenue, Oakland, California 94605
0Bed
0Bath
1,492Sqft
3,400Lot
Year Built
1954
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027165
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $500.0K(13th), sqft - 1492(93th), beds - undefined(50th), baths - undefined(50th).
7856 - 7858 Garfield Ave, Oakland Duplex with two 2BR/1BA units and one garage space per unit. One unit vacant; one M2M tenant. Property needs TLC, strong value-add potential for investors or owner-occupants. Great location near services and commute routes.
Price History
Date
Event
Price
11/10/25
Listing
$500,000
Condition Rating
Poor
Built in 1954, this property is explicitly described as needing 'TLC' and having 'strong value-add potential,' indicating significant deferred maintenance and the need for substantial repairs. The exterior image confirms this, showing faded and peeling paint, old and worn garage doors, weathered trim, and an overall neglected appearance. The property analysis also highlights 'older building systems' and the need for 'significant renovation.' While no interior images are provided, it's highly probable that the kitchen and bathrooms are original or very outdated, requiring complete overhauls. The property requires substantial rehabilitation to meet modern living standards.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two 2BR/1BA units, offering immediate income potential for investors or a house-hacking opportunity for owner-occupants.
Strong Value-Add Potential: Explicitly noted for 'strong value-add potential,' indicating significant upside for appreciation through renovation and strategic improvements.
Vacant Unit for Flexibility: One unit is currently vacant, providing immediate occupancy for an owner-occupant or allowing for renovation and re-tenanting without tenant disruption.
Convenient Location: Described as a 'Great location near services and commute routes,' enhancing tenant appeal and overall accessibility within Oakland.
Dedicated Garage Parking: Each unit includes one garage space, a valuable amenity that adds convenience and appeal for tenants in an urban environment.
Cons
Needs Significant Renovation (TLC): The property 'needs TLC,' implying deferred maintenance and potential for substantial renovation costs to bring it to modern standards or maximize rental income.
Older Building Systems: Built in 1954, the property likely features older building systems (e.g., plumbing, electrical, roofing) that may require significant updates or replacement in the near future.
Month-to-Month Tenancy: One unit is occupied by a month-to-month tenant, which, while flexible, may require careful management if the new owner plans to occupy or extensively renovate that specific unit.