847 E 18th, Oakland, California 94606, Oakland, 94606 - bed, bath
ACTIVE$1,100,000
847 E 18th, Oakland, California 94606
0Bed
0Bath
Sqft
4,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Top Cons:
Advanced Age of Construction: Built in 1916, the property is over a century old, likely requiring significant capital expenditure for system upgrades (plumbing, electrical, HVAC) and general modernization.
Compared to the nearby listings
Price:$1.10M vs avg $905.0K (+$195,000)76%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1916 (109 years old).
Condition: Built in 1916, this property is over a century old. The images reveal extremely dated interiors, particularly in the kitchen and bathroom. The kitchen features an old white gas range, pink tiled countertops and backsplash, and basic, likely original, cabinetry and lighting. The bathroom has a very old wall-mounted sink, basic toilet, and vintage white and pink/red tiling. While the hardwood floors appear to be in decent condition, the visible wall heater suggests a lack of modern central HVAC. The boarded-up garage doors also indicate potential issues or deferred maintenance. The property requires substantial repairs and rehabilitation, including major system upgrades (plumbing, electrical, HVAC) and a complete renovation of the kitchen and bathrooms to meet contemporary standards.
Year Built
1916
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41084113
Home ConditionPoor
Features
Excellent View:
Patio
View-
About this home
All Large 1 Bed 1 bath units in building, corner property, basement with storage, 4 Garages in rear with 4 parking spaces in front of each garage, totaling 8 off street garages.
Nearby schools
3/10
Franklin Elementary School
Public,•K-5•0.1mi
7/10
Cleveland Elementary School
Public,•K-5•0.6mi
4/10
Bella Vista Elementary School
Public,•K-5•0.6mi
3/10
Garfield Elementary School
Public,•K-5•0.9mi
8/10
Lincoln Elementary School
Public,•K-5•1.1mi
3/10
Manzanita Seed
Public,•K-5•1.3mi
3/10
International Community School
Public,•K-5•1.4mi
5/10
Think College Now School
Public,•K-5•1.4mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.5mi
5/10
Glenview Elementary School
Public,•K-5•1.7mi
6/10
Henry Haight Elementary School
Public,•K-5•1.8mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.3mi
3/10
La Escuelita Elementary School
Public,•K-8•0.6mi
4/10
Roosevelt Middle School
Public,•6-8•0.6mi
6/10
Edna Brewer Middle School
Public,•6-8•1.1mi
2/10
Westlake Middle School
Public,•6-8•1.5mi
4/10
Urban Promise Academy
Public,•6-8•1.5mi
3/10
United For Success Academy
Public,•6-8•1.8mi
2/10
Bret Harte Middle School
Public,•6-9•2.2mi
5/10
Will C. Wood Middle School
Public,•6-8•2.4mi
4/10
Oakland High School
Public,•9-12•0.9mi
2/10
Fremont High
Public,•9-12•2.5mi
7/10
Oakland Technical High School
Public,•9-12•2.5mi
2/10
Oakland International High School
Public,•9-12•2.7mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.8mi
4/10
Skyline High School
Public,•9-12•4.6mi
Condition Rating
Poor
Built in 1916, this property is over a century old. The images reveal extremely dated interiors, particularly in the kitchen and bathroom. The kitchen features an old white gas range, pink tiled countertops and backsplash, and basic, likely original, cabinetry and lighting. The bathroom has a very old wall-mounted sink, basic toilet, and vintage white and pink/red tiling. While the hardwood floors appear to be in decent condition, the visible wall heater suggests a lack of modern central HVAC. The boarded-up garage doors also indicate potential issues or deferred maintenance. The property requires substantial repairs and rehabilitation, including major system upgrades (plumbing, electrical, HVAC) and a complete renovation of the kitchen and bathrooms to meet contemporary standards.
Pros & Cons
Pros
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Strong Income Potential: As a quadruplex with 'All Large 1 Bed 1 bath units,' this property is well-positioned for significant rental income, appealing to investors seeking multi-unit opportunities.
Exceptional Parking Availability: The provision of 4 garages and 4 additional off-street parking spaces (totaling 8) is a highly valuable and rare asset in an urban setting like Oakland, enhancing tenant appeal.
Desirable Unit Configuration: All units being 'Large 1 Bed 1 bath' caters to a broad tenant base seeking comfortable, well-sized individual living spaces, which can command competitive rents.
Valuable On-Site Storage: The inclusion of a basement with storage offers practical utility for tenants or potential for additional income generation, adding to the property's overall value.
Strategic Corner Property Location: Being a corner property often provides more natural light, increased privacy, and potentially better curb appeal, contributing to its market desirability.
Cons
Advanced Age of Construction: Built in 1916, the property is over a century old, likely requiring significant capital expenditure for system upgrades (plumbing, electrical, HVAC) and general modernization.
Potential for Outdated Interiors: The description lacks mention of recent renovations, suggesting that the units may have dated finishes and fixtures, necessitating investment to meet contemporary rental market expectations.
Variable Local School Performance: While some nearby schools are well-rated, the presence of several schools with lower ratings (2-4) could be a drawback for prospective tenants or buyers prioritizing strong educational options.