9028 A St, Oakland, California 94603, Oakland, 94603 - bed, bath
ACTIVE$689,000
9028 A St, Oakland, California 94603
0Bed
0Bath
Sqft
6,435Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: The property features three units, offering an excellent opportunity for investors or owner-occupants to generate rental income and potentially offset mortgage costs.
Top Cons:
Age of Property: Built in 1948, the property's age may imply potential for older infrastructure or systems that could require significant maintenance or capital expenditures in the future.
Compared to the nearby listings
Price:$689.0K vs avg $689.0K (+$0)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1948 (77 years old).
Condition: The property, built in 1948, has undergone extensive and tasteful recent updates across its multiple units, as evidenced by the modern kitchens and bathrooms. All kitchens feature contemporary gray shaker-style cabinets, white quartz countertops, mosaic tile backsplashes, and stainless steel appliances (where visible). Bathrooms are similarly updated with modern vanities, fixtures, and subway tile surrounds. Throughout the units, there is new light-colored laminate flooring, fresh paint, and recessed lighting, giving the interiors a move-in ready and refreshed feel. While the cosmetic renovations are significant and appear very recent, the property's age and the lack of specific details regarding major system updates (HVAC, plumbing, electrical, roof) prevent it from reaching an 'Excellent' score. However, it clearly meets the criteria for 'Good' as it is move-in ready with no immediate renovation required, and the extensive updates suggest a renovation within the last 5-15 years.
Year Built
1948
Close
-
List price
$689K
Original List price
$699K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41117262
Home ConditionGood
Features
Patio
View-
About this home
Excellent multi-unit opportunity in Oakland! This versatile property features three units—perfect for investors or owner-occupants looking to live in one and rent the others. The main home at 9028 A Street offers a spacious 2 bed, 1 bath layout with tasteful recent updates and move-in-ready condition. The additional units at 9030 A and 9030 B are each 1 bed, 1 bath; 9030 A has been beautifully refreshed and is ready for immediate occupancy, while 9030 B is tenant-occupied, providing instant rental income. Updated interiors, low-maintenance finishes, and flexible living arrangements make this an ideal choice for investors or those seeking mortgage assistance through rental income. Conveniently located near transit, parks, and local amenities, this property offers both comfort and strong income potential. Don’t miss this turnkey investment or live-and-earn opportunity in the heart of Oakland!
Condition Rating
Good
The property, built in 1948, has undergone extensive and tasteful recent updates across its multiple units, as evidenced by the modern kitchens and bathrooms. All kitchens feature contemporary gray shaker-style cabinets, white quartz countertops, mosaic tile backsplashes, and stainless steel appliances (where visible). Bathrooms are similarly updated with modern vanities, fixtures, and subway tile surrounds. Throughout the units, there is new light-colored laminate flooring, fresh paint, and recessed lighting, giving the interiors a move-in ready and refreshed feel. While the cosmetic renovations are significant and appear very recent, the property's age and the lack of specific details regarding major system updates (HVAC, plumbing, electrical, roof) prevent it from reaching an 'Excellent' score. However, it clearly meets the criteria for 'Good' as it is move-in ready with no immediate renovation required, and the extensive updates suggest a renovation within the last 5-15 years.
Pros & Cons
Pros
Multi-Unit Income Potential: The property features three units, offering an excellent opportunity for investors or owner-occupants to generate rental income and potentially offset mortgage costs.
Move-in Ready Condition: Multiple units boast tasteful recent updates and refreshed interiors, with the main unit and 9030 A described as move-in ready or ready for immediate occupancy.
Instant Rental Income: One unit (9030 B) is currently tenant-occupied, providing immediate and consistent rental income from day one for the new owner.
Convenient Location: Strategically located near public transit, parks, and various local amenities, enhancing its attractiveness to potential renters and residents.
Recent Price Reduction: The listing price has recently been reduced from $699,000 to $689,000, potentially offering a more competitive entry point for buyers.
Cons
Age of Property: Built in 1948, the property's age may imply potential for older infrastructure or systems that could require significant maintenance or capital expenditures in the future.
Lack of Detailed Major System Updates: While interior updates are mentioned, the description lacks specific details regarding recent upgrades to critical systems such as plumbing, electrical, roofing, or HVAC, which can be a concern for a property of this vintage.
Tenant Management Responsibilities: Owning a multi-unit property with existing tenants entails ongoing landlord responsibilities, including lease management, tenant relations, and adherence to local rental regulations, which may require time and effort.