1423 73rd Ave, Oakland, California 94621, Oakland, - bed, bath

home-pic
ACTIVE$500,000
1423 73rd Ave, Oakland, California 94621
0Bed
0Bath
Sqft
6,000Lot
Year Built
1925
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41100668
Home ConditionPoor
Features
View-

About this home

Investor special with upside potential! 1423 73rd Ave is a duplex offering two 1-bedroom, 1-bath units, both in need of full renovation. Situated on an ample lot, this property also presents the opportunity to add an Accessory Dwelling Unit (ADU) for additional rental income (check with City of Oakland for feasibility). Near I-880, Coliseum BART, and Oakland Airport. Whether you’re looking to rehab and rent, flip, or create a multi-unit income stream, this property is a prime canvas for your vision. Bring your tools and imagination!

Nearby schools

2/10
Futures Elementary School
Public,K-50.3mi
2/10
Community United Elementary School
Public,K-50.3mi
2/10
Markham Elementary School
Public,K-50.6mi
1/10
Roots International Academy
Public,6-80.4mi
2/10
Frick Middle School
Public,6-80.8mi
3/10
Coliseum College Prep Academy
Public,6-120.4mi
1/10
Castlemont High
Public,9-121.3mi
2/10
Fremont High
Public,9-121.6mi
2/10
Oakland International High School
Public,9-126.5mi

Price History

Date
Event
Price
06/08/25
Listing
$500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot00
Lot Size6,0005,150
75%
Price$500K$648K
13%
Price per square foot$0$0
Built year19259700978
25%
HOA
Days on market150159
38%
Condition Rating
Poor

Built in 1925, this property is explicitly described as 'in need of full renovation' for both units. The exterior image shows significant deferred maintenance with faded and peeling paint, and older windows. Without interior images, the description strongly indicates that kitchens, bathrooms, and all major systems are severely outdated, likely non-functional, and require substantial repairs and rehabilitation to meet modern standards and habitability. This aligns with the 'poor' condition criteria, requiring extensive work beyond minor updates.
Pros & Cons

Pros

Multi-Unit Income Property: The property is a duplex, offering two distinct 1-bedroom, 1-bath units, providing immediate potential for dual rental income streams.
ADU Development Potential: Situated on an ample 6000 sqft lot, there's a clear opportunity to add an Accessory Dwelling Unit (ADU), significantly increasing rental income and property value (subject to city approval).
Strategic Location for Commuters: Its proximity to I-880, Coliseum BART, and Oakland Airport offers excellent accessibility, making it attractive to renters and commuters.
Significant Value-Add Opportunity: Explicitly marketed as an 'investor special' and a 'prime canvas,' it appeals to buyers seeking to capitalize on renovation and repositioning for higher returns.
Ample Lot Size: The generous 6000 sqft lot provides flexibility for expansion, landscaping, and supports the ADU potential, enhancing its long-term value.

Cons

Extensive Renovation Required: Both units are in 'full need of renovation,' indicating substantial capital expenditure, time, and project management will be required from the buyer.
Older Property with Potential System Issues: Built in 1925, the property is likely to have outdated infrastructure (plumbing, electrical, HVAC) and structural elements that will necessitate significant upgrades during the renovation process.
Low-Rated Local Schools: The presence of multiple nearby schools with low ratings (1-3) may deter family-oriented buyers, potentially limiting the market appeal beyond pure investors.

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