9423 C St., Oakland, California 94603, Oakland, 94603 - 3 bed, 1 bath
ACTIVE$350,000
9423 C St., Oakland, California 94603
3Beds
1Bath
890Sqft
10,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Potential: Explicitly marketed as an 'excellent opportunity to start or add to your real estate investment portfolio,' especially with the adjacent unit also available for purchase.
Top Cons:
Advanced Age of Property: Built in 1905, the property is over a century old, suggesting potential for outdated infrastructure, systems (plumbing, electrical), and higher ongoing maintenance requirements beyond the new roof.
Compared to the nearby listings
Price:$350.0K vs avg $470.0K ($-120,000)25%
Size:890 sqft vs avg 1,375.5 sqft25%
Price/sqft:$393 vs avg $36575%
More Insights
Built in 1905 (120 years old).
Condition: Built in 1905, this property is over a century old. While a new roof is a positive update, the lack of any other mentioned renovations, especially for critical interior systems like plumbing, electrical, kitchen, and bathroom, suggests these components are severely outdated and likely require substantial rehabilitation. The property analysis explicitly notes the 'Advanced Age of Property' and 'potential for outdated infrastructure, systems (plumbing, electrical)' as weaknesses. The exterior images also show a neglected yard and debris, indicating a lack of general upkeep. Without interior photos, it's reasonable to infer that the kitchen and bathroom are in very poor, original or very old condition, necessitating extensive repairs and modernization.
Year Built
1905
Close
-
List price
$350K
Original List price
$395K
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
41086137
Home ConditionPoor
Features
View-
About this home
unit next door # 9425 is also available, both units will be delivered vacant at COE. new roof. This is an excellent opportunity to start or add to your real estate investment portfolio!
Condition Rating
Poor
Built in 1905, this property is over a century old. While a new roof is a positive update, the lack of any other mentioned renovations, especially for critical interior systems like plumbing, electrical, kitchen, and bathroom, suggests these components are severely outdated and likely require substantial rehabilitation. The property analysis explicitly notes the 'Advanced Age of Property' and 'potential for outdated infrastructure, systems (plumbing, electrical)' as weaknesses. The exterior images also show a neglected yard and debris, indicating a lack of general upkeep. Without interior photos, it's reasonable to infer that the kitchen and bathroom are in very poor, original or very old condition, necessitating extensive repairs and modernization.
Pros & Cons
Pros
Investment Potential: Explicitly marketed as an 'excellent opportunity to start or add to your real estate investment portfolio,' especially with the adjacent unit also available for purchase.
Significant Price Reduction: The list price has seen multiple reductions from $395,000 to $350,000, indicating a motivated seller and potentially a more attractive entry point for buyers.
New Roof: A major capital expense has already been addressed with a new roof, reducing immediate maintenance concerns and costs for the new owner.
Vacant Delivery: The unit will be delivered vacant at the close of escrow, offering flexibility for immediate owner occupancy or tenant placement without the hassle of existing leases.
Oakland Market Location: Situated in Oakland, a dynamic Bay Area city, offering potential for strong rental demand and long-term property appreciation.
Cons
Advanced Age of Property: Built in 1905, the property is over a century old, suggesting potential for outdated infrastructure, systems (plumbing, electrical), and higher ongoing maintenance requirements beyond the new roof.
Compact Living Space: With 890 sqft for 3 bedrooms, the unit is quite small, which may lead to cramped living conditions and limit its appeal to families or those desiring more spacious accommodations.
Limited Bathroom Count: A single bathroom for a 3-bedroom unit can be a significant inconvenience for multiple occupants, potentially affecting its marketability and rental income potential.