8707 A Street, Oakland, California 94621, Oakland, 94621 - bed, bath
ACTIVE$649,750
8707 A Street, Oakland, California 94621
0Bed
0Bath
2,050Sqft
2,875Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, explicitly categorized as 'Residential Income,' offering potential for rental income from two units or multi-generational living.
Top Cons:
Age of Property: Built in 1935, the property is older, which may suggest potential for deferred maintenance, outdated systems, or the need for significant renovations to meet modern standards.
Compared to the nearby listings
Price:$649.8K vs avg $647.4K (+$2,375)50%
Size:2,050 sqft vs avg sqft75%
Price/sqft:$317 vs avg $088%
More Insights
Built in 1935 (90 years old).
Condition: Built in 1935, this property shows recent cosmetic updates like new laminate flooring and fresh paint in some rooms, making them move-in ready. However, the exterior appears dated, and there are no images or details provided for the kitchen and bathrooms, which are critical areas. Given the age of the property, it's highly probable that major systems (HVAC, electrical, plumbing) are functional but outdated, and the kitchen and bathrooms likely require minor to moderate updates to meet current standards and styles. It's an aged home with some upkeep, but not a comprehensive recent renovation.
Year Built
1935
Close
-
List price
$650K
Original List price
$745K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022839
Home ConditionFair
Features
View-
About this home
Price Improvement! 8707 A St, a duplex located in the Highland neighborhood of Oakland. Total square footage of 2050, with 4 bedrooms, 2.5 baths. Central location within close proximity to all amenities and public transportation. Within minutes to major freeways. The property is situated on a gated lot, providing enhanced security and privacy. This is part of a portfolio sale which includes the following, investors may select individually or in bulk: 933 N Madison, Stockton (8 units); 545 N California, Stockton (20 units); 421 E Rose, Stockton (2 units); 1916 Vicki, Stockton (3 units); 722 N San Joaquin, Stockton (4 units); 144 N Grant, Stockton (4 units); 111 W Poplar, Stockton (4 units); 1302 Holt, Stockton (3 units); 1617 17th, San Pablo (2 units); 1017 W 14th, Antioch (SFR).
Nearby schools
1/10
New Highland Academy
Public,•K-5•0.1mi
2/10
Rise Community School
Public,•K-5•0.1mi
5/10
Acorn Woodland Elementary School
Public,•K-5•0.5mi
1/10
Encompass Academy Elementary
Public,•K-5•0.5mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.7mi
1/10
Roots International Academy
Public,•6-8•1.1mi
1/10
Castlemont High
Public,•9-12•1.0mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.1mi
2/10
Fremont High
Public,•9-12•2.4mi
2/10
Oakland International High School
Public,•9-12•7.3mi
Condition Rating
Fair
Built in 1935, this property shows recent cosmetic updates like new laminate flooring and fresh paint in some rooms, making them move-in ready. However, the exterior appears dated, and there are no images or details provided for the kitchen and bathrooms, which are critical areas. Given the age of the property, it's highly probable that major systems (HVAC, electrical, plumbing) are functional but outdated, and the kitchen and bathrooms likely require minor to moderate updates to meet current standards and styles. It's an aged home with some upkeep, but not a comprehensive recent renovation.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, explicitly categorized as 'Residential Income,' offering potential for rental income from two units or multi-generational living.
Strategic Central Location: Located in the Highland neighborhood of Oakland, it boasts a central location with close proximity to amenities, public transportation, and major freeways, enhancing convenience and tenant appeal.
Enhanced Security and Privacy: The property is situated on a gated lot, providing an added layer of security and privacy, a desirable feature for residents.
Significant Price Reduction: Multiple price improvements from the original list price ($745,000 to $649,750) indicate a motivated seller and present a compelling value opportunity for buyers.
Investment Portfolio Flexibility: Being part of a larger portfolio sale offers investors the flexibility to acquire this property individually or in bulk, catering to diverse investment strategies.
Cons
Age of Property: Built in 1935, the property is older, which may suggest potential for deferred maintenance, outdated systems, or the need for significant renovations to meet modern standards.
Mixed School Ratings: While some elementary schools are nearby, the overall school ratings in the immediate vicinity are mixed, with several lower-rated options, which could deter families prioritizing top-tier education.
Limited Lot Size: With a lot size of 2875 sqft, the property offers relatively limited outdoor space, which may restrict recreational areas or future expansion possibilities for a duplex.