8065 Earl St, Oakland, California 94605, Oakland, 94605 - 5 bed, 3 bath

8065 Earl St, Oakland, California 94605 home-pic-0
ACTIVE$799,000
8065 Earl St, Oakland, California 94605
5Beds
3Baths
1,267Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($721,198.625) is $77,801.375 (9%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The property is situated in a premier and centrally located area of Oakland, offering excellent accessibility with freeway 580 just a minute away, ideal for commuters.
Top Cons:
Age of Property: Built in 1926, the main house may require significant updates to its core systems (e.g., electrical, plumbing, HVAC) and general modernization to meet contemporary standards and preferences.

Compared to the nearby listings

Price:$799.0K vs avg $730.0K (+$69,000)57%
Size:1,267 sqft vs avg 1,415 sqft37%
Price/sqft:$631 vs avg $51283%

More Insights

Built in 1926 (99 years old).
Condition: The property, built in 1926, features a recently updated interior, particularly evident in the main living area and kitchen. The kitchen boasts a modern island with a light-colored countertop, gray shaker-style cabinets, and contemporary hardware. Updated LVP/laminate flooring is visible throughout, along with modern light fixtures and a renovated staircase. The description also mentions an 'in-law set up with a kitchen and a full bathroom' and a 'new huge steel building,' indicating significant recent investments. While the exterior shows the age of the home, it appears maintained. The lack of comprehensive images for all bathrooms and specific details on major systems (HVAC, plumbing, electrical) prevents an 'Excellent' rating, but the visible modern renovations make it move-in ready and well above 'Fair'.
Year Built
1926
Close
-
List price
$799K
Original List price
$960K
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
41101778
Home ConditionGood
Features
View-

About this home

Location, location location! Opportunity knocks to own a nice house located in a premier area of Oakland Centrally Located, just a minute from freeway 580 Offering an in-law set up with a kitchen and a full bathroom! Not forgetting that this property offers plenty of parking and a new huge steel building for your endless possibilities! Come to our open house this Saturday 26th and Sunday 27th from 2:00-5:30pm See you there

Nearby schools

4/10
Howard Elementary School
Public,K-50.5mi
3/10
Burckhalter Elementary School
Public,K-50.8mi
3/10
Parker Elementary School
Public,K-80.6mi
2/10
Frick Middle School
Public,6-81.5mi
1/10
Castlemont High
Public,9-120.8mi
2/10
Fremont High
Public,9-123.0mi
2/10
Oakland International High School
Public,9-127.2mi
Condition Rating
Good

The property, built in 1926, features a recently updated interior, particularly evident in the main living area and kitchen. The kitchen boasts a modern island with a light-colored countertop, gray shaker-style cabinets, and contemporary hardware. Updated LVP/laminate flooring is visible throughout, along with modern light fixtures and a renovated staircase. The description also mentions an 'in-law set up with a kitchen and a full bathroom' and a 'new huge steel building,' indicating significant recent investments. While the exterior shows the age of the home, it appears maintained. The lack of comprehensive images for all bathrooms and specific details on major systems (HVAC, plumbing, electrical) prevents an 'Excellent' rating, but the visible modern renovations make it move-in ready and well above 'Fair'.
Pros & Cons

Pros

Prime Location: The property is situated in a premier and centrally located area of Oakland, offering excellent accessibility with freeway 580 just a minute away, ideal for commuters.
Income/Multi-generational Potential: Features an in-law setup with a kitchen and a full bathroom, providing flexibility for rental income, multi-generational living, or a dedicated home office.
Ample Parking: The property offers plenty of parking, a significant advantage in urban areas where parking can be scarce.
Versatile Outbuilding: Includes a new huge steel building, presenting endless possibilities for use as a workshop, storage, potential ADU conversion (subject to zoning), or business space.
Significant Price Reduction: The list price has been reduced from $960,000 to $799,000, indicating a substantial price adjustment that could attract value-seeking buyers.

Cons

Age of Property: Built in 1926, the main house may require significant updates to its core systems (e.g., electrical, plumbing, HVAC) and general modernization to meet contemporary standards and preferences.
Compact Living Space: With 5 bedrooms and 3 bathrooms within 1267 sqft, the living areas and individual rooms may be quite compact, potentially feeling cramped for larger families or those desiring more spacious accommodations.
Implied Renovation Needs: Phrases like 'Opportunity knocks' and 'endless possibilities' often suggest that the property, particularly the main house, may require additional investment for renovations, repairs, or upgrades to fully realize its potential value and appeal.

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