824 Peralta St 5 & 6, Oakland, California 94607, Oakland, 94607 - 3 bed, 2 bath
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824 Peralta St 5 & 6
Oakland, California 94607
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,482Sq Ft
4,021Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$603,856
SUMMARY
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $599,000—positioned well below the $603,857 Fair Market Value by 0.8%. This valuation gap offers $4,857 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern kitchen updates and dual-pane windows. Its proximity to the West Oakland BART station provides high rental demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies to offset mortgage costs.
Estimated Market Value
$603,856
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 824 Peralta St 5 & 6 Subject 3 bd · 2 ba · 1,482 sqft · $407 | $599,000* List Price | 3 | 2 | 1,482 | $407 | - |
A 1255 Pine St Pending 2 bd · 2 ba · 1,346 sqft · $390 · 0.4 mi | $525,000 List Price | 2 | 2 | 1,346 | $390 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and features recent renovations including contemporary kitchens with stainless steel appliances, updated bathrooms, new flooring, and fresh paint. It is move-in ready and functional, meeting the criteria for a well-maintained property in the 10-20 year age range.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two separate units (a 2-bedroom and a 1-bedroom), providing an ideal setup for house-hacking or generating immediate rental income to offset mortgage payments.
- Turnkey Modern Renovations
Both units boast contemporary updates including stainless steel appliances, updated bathrooms, dual-pane windows, and new flooring, offering a move-in-ready experience for owners or tenants.
- Prime Commuter Location
Situated in vibrant West Oakland just moments from the BART station, the property offers exceptional accessibility to San Francisco and the greater Bay Area, making it highly desirable for urban professionals.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $700 monthly HOA fee is a significant recurring expense that impacts monthly cash flow and may reduce the overall borrowing power of potential buyers.
- Low School Ratings
The local public schools carry low ratings (ranging from 2 to 4), which may deter families and could potentially limit long-term capital appreciation compared to areas with higher-rated districts.
About 824 Peralta St 5 & 6
Discover an incredible investment opportunity in vibrant West Oakland, just moments from the West Oakland BART station. This unique property features two units: a beautifully renovated two-bedroom unit ready for immediate occupancy, and a separate one-bedroom unit currently tenants occupied. Both units boast modern updates, including contemporary kitchens with stainless steel appliances, updated bathrooms, dual-pane windows, fresh paint, and new flooring. With HOA dues covering both units and reliable rental income to help offset your mortgage, this is a rare and exceptional opportunity in a prime location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 4,021 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $700.0 / Month
Neighborhood Insights
Oakland Unified Schools
Preparatory Literary Academy Of Cultural Excellence
Grades K-5 • 0.1 mi
4/10
Martin Luther King, Jr. Elementary School
Grades PK-3 • 0.8 mi
2/10
West Oakland Middle School
Grades 6-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.6 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,482 | 969.659 |
| Lot Size | 4,021 | 16,354.274 |
| Price | $599.0K | $478.1K |
| Price per sq ft | $404 | $492 |
| Built year | 2004 | 1987 |
| HOA | $700.0 | $698 |
| Days on market | 3 | 60 |
Pricing History
Listed for Sale
Oct 21, 2026
$599,000
Initial Listing
Sold
Sep 18, 2018
$625,000
Public Record