863 40th St., Oakland, California 94608, Oakland, 94608 - bed, bath
ACTIVE$875,000
863 40th St., Oakland, California 94608
0Bed
0Bath
Sqft
3,800Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Situated in Oakland's desirable NOBE neighborhood, offering excellent access to BART, Temescal, and Emeryville, ensuring strong rental demand and potential appreciation.
Top Cons:
Age of Property: Built in 1925, the property may have underlying older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or significant capital expenditures not immediately apparent.
Compared to the nearby listings
Price:$875.0K vs avg $875.0K (+$0)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1925 (100 years old).
Condition: Despite being built in 1925, this duplex has undergone extensive and recent renovations, particularly evident in the kitchens and bathrooms. The kitchens feature modern white shaker-style cabinets, quartz countertops, new stainless steel appliances (dishwasher, gas range, microwave), and recessed lighting. The bathrooms are equally updated with modern vanities, fixtures, and stylish large-format tile surrounds. New light wood-look laminate flooring is present in main living areas, complemented by fresh paint and modern light fixtures throughout. The property is move-in ready with virtually new components in key areas, meeting current quality standards, aligning with the 'Excellent' condition criteria for an extensively renovated property.
Year Built
1925
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41108219
Home ConditionExcellent
Features
Patio
View-
About this home
Stylish Duplex in Prime NOBE. Don’t miss this rare duplex in Oakland’s NOBE neighborhood. Each bright 2BD/1BA unit features modern kitchens and is separately metered for gas, electric, and water, offering flexibility for owner-occupants or investors. The upper unit adds a bonus room that is ideal for a home office. With garages, off-street parking, and a low-maintenance backyard, it’s perfect for investors or owner-occupants. Minutes to BART, Temescal, and Emeryville, this property offers strong rental potential in a prime location.
Nearby schools
2/10
Hoover Elementary School
Public,•K-5•0.5mi
2/10
Emerson Elementary School
Public,•K-5•0.9mi
1/10
Sankofa Academy
Public,•PK-5•1.3mi
8/10
Peralta Elementary School
Public,•K-5•1.5mi
6/10
Malcolm X Elementary School
Public,•K-5•1.5mi
6/10
Leconte Elementary School
Public,•K-5•2.0mi
6/10
John Muir Elementary School
Public,•K-5•2.4mi
7/10
Emerson Elementary School
Public,•K-5•2.5mi
7/10
Washington Elementary School
Public,•K-5•2.5mi
5/10
Oxford Elementary School
Public,•K-5•4.0mi
7/10
Cragmont Elementary School
Public,•K-5•4.3mi
4/10
Anna Yates Elementary School
Public,•K-8•0.7mi
2/10
Westlake Middle School
Public,•6-8•1.3mi
3/10
West Oakland Middle School
Public,•6-8•1.6mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Willard Middle School
Public,•6-8•2.2mi
5/10
Emery Secondary School
Public,•9-12•0.6mi
2/10
Oakland International High School
Public,•9-12•0.7mi
3/10
Mcclymonds High School
Public,•9-12•0.9mi
7/10
Oakland Technical High School
Public,•9-12•1.0mi
8/10
Berkeley High School
Public,•9-12•2.7mi
2/10
Fremont High
Public,•9-12•5.2mi
Condition Rating
Excellent
Despite being built in 1925, this duplex has undergone extensive and recent renovations, particularly evident in the kitchens and bathrooms. The kitchens feature modern white shaker-style cabinets, quartz countertops, new stainless steel appliances (dishwasher, gas range, microwave), and recessed lighting. The bathrooms are equally updated with modern vanities, fixtures, and stylish large-format tile surrounds. New light wood-look laminate flooring is present in main living areas, complemented by fresh paint and modern light fixtures throughout. The property is move-in ready with virtually new components in key areas, meeting current quality standards, aligning with the 'Excellent' condition criteria for an extensively renovated property.
Pros & Cons
Pros
Prime Location: Situated in Oakland's desirable NOBE neighborhood, offering excellent access to BART, Temescal, and Emeryville, ensuring strong rental demand and potential appreciation.
Income-Generating Duplex: As a duplex, the property provides flexibility for owner-occupancy with rental income or as a pure investment, capitalizing on Oakland's strong rental market.
Separately Metered Units: Each unit is separately metered for gas, electric, and water, simplifying utility management for landlords and promoting tenant responsibility.
Modernized Interiors: Both 2BD/1BA units feature modern kitchens, enhancing tenant appeal and reducing immediate renovation costs for a new owner.
Valuable Amenities: Includes garages, off-street parking, and a bonus room in the upper unit ideal for a home office, adding significant value and appeal in an urban setting.
Cons
Age of Property: Built in 1925, the property may have underlying older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or significant capital expenditures not immediately apparent.
Lack of Central Cooling: The description does not mention central air conditioning, which is common in older homes and could be a drawback for tenants during warmer months in California.
Shared Living Considerations: As a duplex, occupants may experience shared wall noise or reduced privacy compared to a detached single-family home, which could be a consideration for some tenants.