875 Wood Street, Oakland, California 94607, Oakland, 94607 - bed, bath
ACTIVE$1,400,000$2,084/sqft
875 Wood Street, Oakland, California 94607
0Bed
0Bath
2,084Sqft
2,700Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Investment & Income Potential: This property is explicitly marketed as a 'Prime Investment Property' offering 'immediate cash flow' and 'diversified income streams' through its duplex configuration, maximizing rental income potential.
Top Cons:
Limited Outdoor Space: With a lot size of only 2700 sqft, the property offers minimal outdoor space, which could be a drawback for tenants or owners desiring a larger yard or garden.
Compared to the nearby listings
Price:$1.40M vs avg $795.0K (+$605,000)89%
Size:2,084 sqft vs avg sqft89%
Price/sqft:$672 vs avg $089%
More Insights
Built in 1890 (136 years old).
Condition: Despite being built in 1890, this property has undergone a full and extensive renovation, bringing it to a virtually new condition. Both kitchens feature new modern shaker cabinets, quartz countertops, mosaic tile backsplashes, and new stainless steel appliances. All bathrooms are completely updated with modern vanities, fixtures, and new tile work, including glass shower enclosures. The entire interior boasts new wood-look flooring, fresh paint, new doors, and modern lighting. The description also notes new dual-pane windows, a new roof, and sewer compliance, indicating comprehensive upgrades that meet current quality standards.
Year Built
1890
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029809
Home ConditionExcellent
Features
View-
About this home
Prime Investment Property: 875 Wood St offers a fully renovated, permitted Victorian duplex in dynamic West Oakland, delivering immediate cash flow or flexible living. Featuring two distinct units (5 bed/4 bath total), each with separate utility meters, private laundry, and new kitchens/baths, this turnkey asset maximizes rental income potential with minimal landlord effort. Capital expenditures are significantly reduced with recent upgrades including new dual-pane windows, modern finishes, a new roof, and sewer compliance. Its strategic location provides excellent access to BART and major freeways, ensuring sustained tenant demand and strong long-term appreciation. A rare opportunity for investors seeking a high-performing, low-maintenance asset with diversified income streams.
M
Mark Caloca
Listing Agent
Nearby schools
4/10
Preparatory Literary Academy Of Cultural Excellence
Public,•K-5•0.2mi
2/10
Martin Luther King, Jr. Elementary School
Public,•PK-3•1.0mi
3/10
West Oakland Middle School
Public,•6-8•1.0mi
3/10
Mcclymonds High School
Public,•9-12•1.4mi
2/10
Oakland International High School
Public,•9-12•2.8mi
2/10
Fremont High
Public,•9-12•5.6mi
Price History
Date
Event
Price
09/20/96
Sold
$55,000
09/29/20
Sold
$603,000
07/01/15
Sold
$467,000
Condition Rating
Excellent
Despite being built in 1890, this property has undergone a full and extensive renovation, bringing it to a virtually new condition. Both kitchens feature new modern shaker cabinets, quartz countertops, mosaic tile backsplashes, and new stainless steel appliances. All bathrooms are completely updated with modern vanities, fixtures, and new tile work, including glass shower enclosures. The entire interior boasts new wood-look flooring, fresh paint, new doors, and modern lighting. The description also notes new dual-pane windows, a new roof, and sewer compliance, indicating comprehensive upgrades that meet current quality standards.
Pros & Cons
Pros
Prime Investment & Income Potential: This property is explicitly marketed as a 'Prime Investment Property' offering 'immediate cash flow' and 'diversified income streams' through its duplex configuration, maximizing rental income potential.
Extensive Renovation & Turnkey Condition: The Victorian duplex is 'fully renovated' with 'new kitchens/baths,' 'new dual-pane windows, modern finishes, a new roof, and sewer compliance,' making it a 'turnkey asset' with 'minimal landlord effort' and 'significantly reduced capital expenditures'.
Duplex with Separate Utilities: Comprising two distinct units with a total of 5 beds/4 baths, each unit benefits from separate utility meters and private laundry, enhancing tenant appeal and ease of management for an investor.
Strategic Location & Accessibility: Its 'strategic location' in West Oakland provides 'excellent access to BART and major freeways,' which is crucial for sustained tenant demand and contributes to strong long-term appreciation.
Historic Charm with Modern Upgrades: The property retains the character of a 'permitted Victorian duplex' while benefiting from comprehensive modern renovations, offering a blend of historic appeal and contemporary living standards.
Cons
Limited Outdoor Space: With a lot size of only 2700 sqft, the property offers minimal outdoor space, which could be a drawback for tenants or owners desiring a larger yard or garden.
Lower-Rated Schools in Vicinity: Several nearby public schools, including elementary, middle, and high schools, have ratings of 2 or 3 out of 5, which may be a concern for families prioritizing top-tier public education.
Age of Property (Potential for Unforeseen Issues): Despite extensive renovations, the property's original build year of 1890 means it is an older structure, which could potentially lead to unforeseen maintenance challenges or higher insurance costs not covered by recent upgrades.