820 52nd St, Oakland, California 94608, Oakland, 94608 - 0 bed, 0 bath
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Oakland, California 94608
This Triplex Residential Income Asset is a High-Potential Investment Opportunity listed at $1,099,000—positioned well below the $1,230,154 Fair Market Value by 10%. This valuation gap offers $131,154 in Instant Equity for buyers. With a Condition Rating of 4, this 1920s value-add property features a 4-bedroom owner's unit near BART and top-rated Peralta Elementary. The significant square footage and prime North Oakland location ensure high rental demand and forced appreciation potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 52nd St Subject | $999,000* List Price | 0 | 0 | 3,849 | $259 | - |
A 1068 Aileen St Sold | $725,000 | 0 | 0 | 2,803 | $259 | 0.6 mi |
B 876 880 52nd St Active | $950,000 List Price | 0 | 0 | 0 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1920s triplex is functional but shows significant signs of age and deferred maintenance. The kitchens and bathrooms feature dated styles, including oak cabinetry and vinyl flooring likely installed over 20 years ago. The interior shows worn carpeting and older gas wall heaters, while the exterior has peeling paint and dated architectural details. While currently habitable, the property is accurately described as a 'value-add' opportunity requiring substantial cosmetic updates and likely modernization of major systems to meet current market standards.
This triplex features a substantial 4-bedroom owner's unit alongside two 2-bedroom units, providing an excellent opportunity for house-hacking or a high-yield multi-family investment.
Ideally situated near the Temescal district, Children’s Hospital, and BART, the property offers exceptional walkability to popular dining and retail, ensuring high tenant demand.
At 3,849 square feet, the building offers generous living spaces across all units, a competitive advantage for attracting long-term tenants in a dense urban market.
Built in 1920 and marketed as a 'value-add' opportunity, the property likely requires significant capital expenditure for modernization and structural updates.
While some nearby schools are highly rated, several immediate local public schools have low ratings, which may limit the property's appeal to families with school-aged children.
Conveniently located triplex near Children’s Hospital and BART, with two 2-bed/1.25-bath units and one 4-bed/1.25-bath owner's unit. Enjoy proximity to the vibrant Temescal district along Telegraph Avenue, known for its popular dining, cafes, and local shops. A great opportunity for investors or owner-users to add value. Don’t miss neighborhood favorites like Emeryville's Bay Street and The Kingfish Pub on game days!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades PK-5 • 0.8 mi
Grades K-5 • 1.0 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 | 3,849 | 2,354 | 92% |
| Lot Size | 5,400 | 3,900 | 92% |
| Price | $999.0K | $867.5K | 67% |
| Price per sq ft | $260 | $323 | 42% |
| Built year | 1920 | 1912 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 126 | 8% |
Apr 18, 2026
$999,000
$1,099,000
-9% Price Drop
Initial Listing
Apr 1, 2026
$1,099,000
Initial Listing
Apr 11, 2007
$137,500
Public Record