1317 83rd Ave, Oakland, California 94621, Oakland, - bed, bath
ACTIVE$1,145,000
1317 83rd Ave, Oakland, California 94621
0Bed
0Bath
Sqft
8,378Lot
Year Built
1925
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41101077
Home ConditionExcellent
Features
View-
About this home
INCREDIBLE INVESTMENT OPORTUNITY. more than $150,000.00 in renovations. well maintained and remodeled units. updated kitchens with modern cabinetry, bathrooms, durable laminated flooring and fresh paint inside and out. dual pane windows, parking and play areas for kids is plentiful. separately metered for tenant's convenience, write your offers subject to interior inspection.
Price History
Date
Event
Price
09/27/25
Price Change
$1,145,000-4.2%
06/11/25
Listing
$1,195,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 8,378 | 5,150 | 88% |
| Price | $1.15M | $665K | 88% |
| Price per square foot | $0 | $0 | |
| Built year | 1925 | 9700978 | 25% |
| HOA | |||
| Days on market | 147 | 159 | 38% |
Condition Rating
Excellent
Despite being built in 1925, the property has undergone extensive recent renovations, with over $150,000 invested. The images confirm updated kitchens with modern cabinetry, stainless steel appliances (refrigerator), and durable laminated flooring. Bathrooms also feature modern vanities and fixtures. The description mentions fresh paint, dual-pane windows, and remodeled units, indicating a comprehensive overhaul that brings the property to a virtually new condition, meeting current quality standards.
Pros & Cons
Pros
Extensive Recent Renovations: The property boasts over $150,000 in recent renovations, including updated kitchens with modern cabinetry, remodeled bathrooms, durable laminated flooring, fresh paint, and dual-pane windows, significantly enhancing its appeal and reducing immediate capital expenditure for an investor.
Income-Generating Quadruplex: As a quadruplex, this property is explicitly positioned as an 'INCREDIBLE INVESTMENT OPORTUNITY,' offering multiple income streams and strong potential for rental revenue.
Tenant-Friendly Features: Units are separately metered for tenant convenience, simplifying utility management. Additionally, plentiful parking and dedicated play areas for kids add significant value and attractiveness to potential renters.
Energy Efficiency Upgrades: The installation of dual-pane windows improves energy efficiency, contributing to lower utility costs for tenants and enhanced comfort, which is a desirable feature in rental properties.
Recent Price Reduction: The property has seen a recent price reduction from $1,195,000 to $1,145,000, indicating increased motivation from the seller and potentially offering a more attractive entry point for buyers.
Cons
Subject to Interior Inspection Clause: The requirement to 'write your offers subject to interior inspection' suggests limited initial access, which can create uncertainty for buyers and potentially delay the due diligence process as offers are made without full internal knowledge.
Age of Original Structure: Built in 1925, the underlying structure is nearly a century old. Despite extensive renovations, potential buyers should consider the long-term maintenance implications for original systems or structural components not explicitly covered by the recent updates.
Unspecified Renovation Scope: While $150,000 in renovations is significant, the description does not detail if major systems like full electrical, plumbing, or roofing (beyond dual-pane windows) were comprehensively updated, which could be a concern for long-term investors regarding future capital expenditures.