8806 Dowling St, Oakland, California 94605, Oakland, 94605 - bed, bath
ACTIVE$579,000
8806 Dowling St, Oakland, California 94605
0Bed
0Bath
Sqft
4,800Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: This duplex offers excellent income potential with one unit currently vacant, allowing for immediate owner-occupancy or rental income. Separate gas, electric, and water meters for each unit simplify tenant billing and management.
Top Cons:
Property Age & Potential Updates: Built in 1942, the property is older, which may imply original systems (e.g., electrical, plumbing, HVAC) that could require significant updates or maintenance in the near future, not explicitly mentioned as completed.
Compared to the nearby listings
Price:$579.0K vs avg $720.0K ($-141,000)20%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1942 (83 years old).
Condition: Built in 1942, the property shows signs of age with functional but outdated features. The kitchen has very dated tiled countertops, older white appliances, and basic cabinets. The bathroom also appears dated with older tiling and fixtures. While the laminate flooring in other areas and the sewer lateral update in 2014 indicate some maintenance and minor updates, the core areas like the kitchen and bathrooms require significant cosmetic updates to meet current standards. The property is livable and maintained, but not recently renovated.
Year Built
1942
Close
-
List price
$579K
Original List price
$559K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41110682
Home ConditionFair
Features
View-
About this home
Great income investment property live in one unit and rent the other! One vacant unit. Sewer lateral completed in Nov., 2014. Easy access to BART, schools, hospitals, Oakland Airport, Zoo, Hwy 580, public transportartion & shopping. Each Unit Consists Of 2 Bed 1 Bath With A Spacious Living Area Of Approx, 800 SF. Low-Maintenance Yard Space. Fully Detached 2 car Garage With A Long Driveway for off street additional paarking. 2 Meters For: Gas, Electric&Water. FHA & VA Offers Are Welcome!!
Nearby schools
3/10
East Oakland Pride Elementary School
Public,•K-5•0.6mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.6mi
3/10
Parker Elementary School
Public,•K-8•0.7mi
2/10
Frick Middle School
Public,•6-8•1.5mi
1/10
Castlemont High
Public,•9-12•0.3mi
2/10
Fremont High
Public,•9-12•2.8mi
2/10
Oakland International High School
Public,•9-12•7.5mi
Condition Rating
Fair
Built in 1942, the property shows signs of age with functional but outdated features. The kitchen has very dated tiled countertops, older white appliances, and basic cabinets. The bathroom also appears dated with older tiling and fixtures. While the laminate flooring in other areas and the sewer lateral update in 2014 indicate some maintenance and minor updates, the core areas like the kitchen and bathrooms require significant cosmetic updates to meet current standards. The property is livable and maintained, but not recently renovated.
Pros & Cons
Pros
Strong Income Potential: This duplex offers excellent income potential with one unit currently vacant, allowing for immediate owner-occupancy or rental income. Separate gas, electric, and water meters for each unit simplify tenant billing and management.
Exceptional Accessibility: The property boasts easy access to key transportation hubs including BART, Hwy 580, public transportation, and Oakland Airport, as well as essential amenities like schools, hospitals, and shopping.
Ample Parking Solutions: Features a fully detached 2-car garage and a long driveway, providing significant off-street parking capacity for residents and guests, a valuable asset in urban areas.
Major Maintenance Addressed: A significant and often costly maintenance item, the sewer lateral, was completed in November 2014, reducing potential future expenses for the new owner.
Broad Financing Options: The property welcomes FHA & VA offers, which broadens the potential buyer pool and indicates it meets certain lending standards, making it accessible to a wider range of purchasers.
Cons
Property Age & Potential Updates: Built in 1942, the property is older, which may imply original systems (e.g., electrical, plumbing, HVAC) that could require significant updates or maintenance in the near future, not explicitly mentioned as completed.
Compact Unit Size: Each 2-bedroom, 1-bath unit is approximately 800 square feet, which might be considered on the smaller side for some prospective tenants or owner-occupants, potentially limiting its appeal to those seeking more spacious living areas.
Recent Price Adjustment: The list price recently increased from $559,000 to $579,000, which could suggest a testing of the market or a previous lack of interest at the lower price point, potentially raising questions for buyers regarding its true market value.