875 Wood Street, Oakland, California 94607, Oakland, 94607 - bed, bath
875 Wood Street
Oakland, California 94607
Property Price
SUMMARY
Analysis of 875 Wood Street, Oakland, California 94607 is currently available with a list price of $1,260,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully renovated Victorian duplex, explicitly stated to have 'new kitchens/baths,' 'new dual-pane windows,' 'modern finishes,' and a 'new roof.' The images confirm these upgrades, showcasing modern kitchens with new stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms feature new vanities, modern tiling, and updated fixtures. New wood-look flooring, recessed lighting, and fresh paint are visible throughout, indicating a comprehensive and recent renovation that brings the property to current quality standards despite its 1890 build year.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Renovation
The property boasts a fully renovated, permitted Victorian duplex with new kitchens, baths, dual-pane windows, a new roof, and sewer compliance, significantly reducing immediate capital expenditures for a new owner.
- Strong Investment Potential
Marketed as a 'Prime Investment Property,' it offers immediate cash flow and diversified income streams through two distinct units, each with separate utility meters and private laundry.
- Turnkey & Low Maintenance
Recent comprehensive upgrades position this as a 'turnkey asset' requiring minimal landlord effort, appealing to investors seeking a high-performing, low-maintenance property.
CONSRISKS & DEFICIENCIES
- Historic Building Age
Despite extensive renovations, the property's original construction in 1890 may still present long-term maintenance considerations or perceived structural risks associated with very old buildings.
- Small Lot Size
The 2700 sqft lot is relatively compact, which could limit outdoor living space, gardening opportunities, or future expansion potential for some buyers.
- Recent Price Reduction
The property has undergone a price reduction from $1.4M to $1.26M, which might suggest it was initially overpriced or has been on the market longer than desired, potentially impacting buyer perception.
About 875 Wood Street
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1890
- Lot Size
- 2,700 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Preparatory Literary Academy Of Cultural Excellence
Grades K-5 • 0.2 mi
Martin Luther King, Jr. Elementary School
Grades PK-3 • 1.0 mi
West Oakland Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,084 | - | 88% |
| Lot Size | 2,700 | 3,275 | 38% |
| Price | $1.26M | $765.0K | 88% |
| Price per sq ft | $605 | $0 | 88% |
| Built year | 1890 | 1905 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 199 | 13% |
Pricing History
Listed for Sale
Jan 24, 2026
$1,260,000
$1,400,000
-10% Price Drop
Initial Listing
Price Change
Dec 22, 2025
$1,400,000
Initial Listing
Sold
Sep 29, 2020
$603,000
Public Record
Sold
Jul 1, 2015
$467,000
Public Record
Sold
Sep 20, 1996
$55,000
Public Record