1035 76th Ave, Oakland, California 94621, Oakland, - bed, bath

home-pic
ACTIVE$799,950
1035 76th Ave, Oakland, California 94621
0Bed
0Bath
Sqft
5,000Lot
Year Built
1966
Close
-
List price
$800K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41103939
Home ConditionGood
Features
View-

About this home

Exceptional Investment Opportunity. Priced to Sell Quickly! This spacious 4-unit property is an ideal opportunity for both seasoned and first-time investors. The building consists of one 3-bedroom unit and three 2-bedroom units, with three of the four units featuring updated kitchens, bathrooms, and flooring. One unit is a unique two-story, townhome-style residence with direct backyard access, perfect for families or long-term tenants. All units include covered parking, adding to tenant convenience. With nearly 25% upside in rents, this property has strong potential for significantly increased cash flow. Strategically located near major transportation corridors including I-880 and I-580, and just minutes from the Coliseum BART station, tenants enjoy seamless access to the Bay Area. Nearby amenities like Eastmont Town Center further enhance the location’s desirability. Don’t miss this rare chance to secure a high-potential, income-generating property at a compelling price.

Nearby schools

5/10
Acorn Woodland Elementary School
Public,K-50.3mi
1/10
Encompass Academy Elementary
Public,K-50.3mi
2/10
Futures Elementary School
Public,K-50.5mi
2/10
Community United Elementary School
Public,K-50.5mi
1/10
New Highland Academy
Public,K-50.7mi
2/10
Rise Community School
Public,K-50.7mi
1/10
Roots International Academy
Public,6-80.5mi
3/10
Coliseum College Prep Academy
Public,6-120.5mi
1/10
Castlemont High
Public,9-121.5mi
2/10
Fremont High
Public,9-121.7mi
2/10
Oakland International High School
Public,9-126.6mi

Price History

Date
Event
Price
10/03/25
Price Change
$799,950+1.3%
10/01/25
Price Change
$789,950+5.3%
09/16/25
Price Change
$749,950
07/08/25
Listing
$698,950
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot00
Lot Size5,0005,000
50%
Price$800K$665K
75%
Price per square foot$0$0
Built year19669775983
100%
HOA
Days on market121160
38%
Condition Rating
Good

Built in 1966, the property benefits from recent updates in three of its four units, including modern kitchens with white shaker cabinets and stainless steel appliances, updated bathrooms with new vanities and contemporary finishes, and new flooring. These renovations, likely within the last 5-15 years, make the majority of the living spaces move-in ready with minimal wear and tear. While one unit remains un-updated and the exterior shows its age, the significant interior improvements in most units elevate the overall condition to 'Good' rather than 'Fair'.
Pros & Cons

Pros

Strong Investment Potential: The property is highlighted as an 'Exceptional Investment Opportunity' with 'nearly 25% upside in rents' and 'strong potential for significantly increased cash flow', making it attractive for investors.
Diverse Unit Mix & Appeal: Comprises one 3-bedroom and three 2-bedroom units, including a unique two-story, townhome-style unit with direct backyard access, catering to a broad range of tenants.
Recent Unit Updates: Three of the four units feature updated kitchens, bathrooms, and flooring, reducing immediate capital expenditure for a significant portion of the property.
Excellent Transportation Access: Strategically located near major transportation corridors (I-880, I-580) and minutes from the Coliseum BART station, ensuring convenient access across the Bay Area.
Tenant-Friendly Amenities: All units include covered parking, and the property is near Eastmont Town Center, enhancing tenant convenience and the location's desirability.

Cons

Inconsistent Unit Condition: While three units are updated, one unit is not explicitly mentioned as having updates, suggesting it may require renovation to maximize rental income and match the quality of the other units.
Aggressive Price Increases: The listing price has seen multiple increases from $698,950 to $799,950, which could indicate an aggressive pricing strategy or a challenging market perception, potentially affecting buyer confidence.
Low-Rated Local Schools: Several nearby elementary and high schools have low ratings (1s and 2s), which might be a deterrent for family-oriented tenants or impact long-term property value appreciation in the immediate area.

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