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878 Athens Ave, Oakland, California 94607, Oakland, 94607 - 2 bed, 2 bath

878 Athens Ave, Oakland, California 94607 home-pic-0
ACTIVE$499,000
878 Athens Ave, Oakland, California 94607
2Beds
2Baths
884Sqft
2,668Lot

Price Vs. Estimate

The estimated value ($499,000) is $0 (0%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Modern Renovation: The property has undergone extensive modern renovations including a brand-new kitchen, updated bathrooms, new windows, roof, electrical, plumbing, central heating, and stylish flooring throughout, effectively modernizing the 1905 build.
Top Cons:
Recent Price Reductions: The property has experienced two price reductions from its original list price of $549,000 to $499,000, which may signal initial overpricing or market resistance.

Compared to the nearby listings

Price:$499.0K vs avg $675.0K ($-176,000)17%
Size:884 sqft vs avg 1,494 sqft7%
Price/sqft:$564 vs avg $43583%

More Insights

Built in 1905 (120 years old).
Condition: Despite being built in 1905, this property has undergone a comprehensive and recent renovation. The listing explicitly states 'brand-new kitchen, updated bathrooms, new windows, roof, electrical, plumbing, central heating, and stylish flooring throughout.' The images confirm these updates, showcasing a modern kitchen with new white shaker cabinets, stainless steel appliances, and subway tile backsplash, along with updated bathrooms featuring contemporary fixtures and tiling. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
1905
Close
-
List price
$499K
Original List price
$549K
Price/Sqft
$564
HOA
-
Days on market
-
Sold On
-
MLS number
41113633
Home ConditionExcellent
Features
Deck
View-

About this home

Beautifully remodeled 2-bedroom, 2-bath home in the heart of West Oakland! This modern residence features a brand-new kitchen, updated bathrooms, new windows, roof, electrical, plumbing, central heating, and stylish flooring throughout. The finished basement offers versatile bonus space—perfect for an office, media room, party space, or potential ADU conversion. Enjoy the convenience of an attached garage and a spacious backyard, newly landscaped with fresh plants and flowers, with plenty of room to grow. Ideally located just minutes from Downtown Oakland, Emeryville, San Francisco, BART, and major highways, this home provides quick access to the Bay Bridge and beyond. Surrounded by local favorites like Hyphy Burger and Prescott Market Hall, this is Oakland living at its best. This property is located in a census tract designated as a High Cost Area, so check with lenders about programs designed to help buyers for this home.

Condition Rating
Excellent
Despite being built in 1905, this property has undergone a comprehensive and recent renovation. The listing explicitly states 'brand-new kitchen, updated bathrooms, new windows, roof, electrical, plumbing, central heating, and stylish flooring throughout.' The images confirm these updates, showcasing a modern kitchen with new white shaker cabinets, stainless steel appliances, and subway tile backsplash, along with updated bathrooms featuring contemporary fixtures and tiling. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Comprehensive Modern Renovation: The property has undergone extensive modern renovations including a brand-new kitchen, updated bathrooms, new windows, roof, electrical, plumbing, central heating, and stylish flooring throughout, effectively modernizing the 1905 build.
Versatile Finished Basement: The finished basement offers significant bonus space, ideal for an office, media room, or entertainment area, with strong potential for an Accessory Dwelling Unit (ADU) conversion, enhancing future value and flexibility.
Exceptional Commuter Location: Strategically located just minutes from Downtown Oakland, Emeryville, San Francisco, BART, and major highways, providing quick and convenient access to the entire Bay Area.
Desirable Outdoor Space & Parking: Features a newly landscaped, spacious backyard with room to grow, complemented by the convenience of an attached garage, which is highly valued in urban settings.
Vibrant Neighborhood Amenities: Situated amidst local favorites like Hyphy Burger and Prescott Market Hall, offering a lively and convenient lifestyle with easy access to dining and shopping.

Cons

Recent Price Reductions: The property has experienced two price reductions from its original list price of $549,000 to $499,000, which may signal initial overpricing or market resistance.
Compact Living Space & Lot Size: With 884 sqft of living space and a 2668 sqft lot, the property offers relatively compact dimensions for a single-family home, potentially limiting appeal for buyers seeking larger accommodations.
High Cost Area Designation: Located in a census tract designated as a High Cost Area, implying higher property taxes and overall cost of living, which could be a significant financial consideration for potential buyers.

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