1045 72nd Avenue, Oakland, California 94621, Oakland, - bed, bath
ACTIVE$440,000
1045 72nd Avenue, Oakland, California 94621
2Beds
1Bath
1,378Sqft
4,965Lot
Year Built
1922
Close
-
List price
$440K
Original List price
$499K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41103237
Home ConditionPoor
Features
View-
About this home
Welcome to 1045 72nd Avenue – a 2-bedroom, 1-bath single-family home located in Oakland’s Havenscourt neighborhood. This home features a functional layout with spacious bedrooms, a light-filled living area, and a full bath with classic details. The large backyard offers excellent potential for an ADU, outdoor living space, or garden. A long driveway provides ample off-street parking. Conveniently located near BART, I-880, schools, parks, and shopping. Great opportunity for first-time buyers or investors looking for value-add potential.
Price History
Date
Event
Price
09/26/25
Price Change
$440,000-8.3%
09/16/25
Price Change
$480,000
06/30/25
Listing
$499,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (39 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 33% |
| Baths | 1 | 2 | 35% |
| Square foot | 1,378 | 1,160 | 75% |
| Lot Size | 4,965 | 4,094 | 75% |
| Price | $440K | $505K | 35% |
| Price per square foot | $319 | $428 | 15% |
| Built year | 1922 | 9620962 | 33% |
| HOA | |||
| Days on market | 128 | 178 | 30% |
Condition Rating
Poor
Built in 1922, this property features a highly dated kitchen with original-style metal cabinets and an old light fixture, alongside a bathroom with very dated pink/peach wall tiles and an old shower door, both requiring substantial renovation. The living areas also show dated parquet flooring and popcorn ceilings with exposed beams. While functional, the property needs significant rehabilitation to modernize its key spaces and overall aesthetic, aligning with 'value-add potential' rather than move-in ready condition.
Pros & Cons
Pros
Investment & Value-Add Potential: Explicitly positioned as a great opportunity for first-time buyers or investors, with significant value-add potential, supported by a listing price 13% below estimated market value.
Strategic Location & Accessibility: Conveniently located near major transportation hubs (BART, I-880), schools, parks, and shopping, offering excellent connectivity and daily convenience.
ADU & Outdoor Living Potential: The large backyard provides excellent potential for developing an Accessory Dwelling Unit (ADU), creating extensive outdoor living space, or cultivating a garden.
Ample Off-Street Parking: A long driveway ensures substantial off-street parking, a highly desirable feature in urban settings, adding convenience and security.
Competitive Pricing & Market Value: The property has undergone significant price reductions and is currently listed 13% below its estimated market value, presenting a compelling purchase opportunity.
Cons
Age of Property & Potential for Updates: Built in 1922, the home likely requires significant updates to systems (electrical, plumbing, HVAC) and aesthetics to meet modern standards, implying potential renovation costs.
Limited Bathroom Count: With only one bathroom for a two-bedroom home, it may not accommodate the needs of all potential buyers, particularly families, and could be a functional limitation.
Renovation Required for Modernization: While offering 'value-add potential,' this implies the property is not move-in ready for those seeking contemporary finishes and amenities, necessitating further investment and effort from the buyer.