1437 25th Ave, Oakland, California 94601, Oakland, - bed, bath

home-pic
ACTIVE$898,000
1437 25th Ave, Oakland, California 94601
0Bed
0Bath
Sqft
5,495Lot
Year Built
1922
Close
-
List price
$898K
Original List price
$898K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41095959
Home ConditionPoor
Features
View-

About this home

Investors! Nice opportunity for this 4-Plex. Exceptional long term tenants with good history. Majority of the units are 2 bedrooms & 1 bath with living area. Property has been professionally managed for several years. Bonus Studio renting at $809/mo. Complex near shops, restaurants, Public Transportation & BART. Updates have been performed. Property owner pays garbage & water.

Price History

Date
Event
Price
05/02/25
Listing
$898,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (11 Listings)
Beds00
Baths00
Square foot00
Lot Size5,4955,045
58%
Price$898K$644K
92%
Price per square foot$0$0
Built year19229705973
33%
HOA
Days on market186210
42%
Condition Rating
Poor

Built in 1922, this multi-unit property shows significant age. While the description mentions 'updates have been performed,' and one unit features newer laminate flooring, white cabinets, and new black appliances, the overall condition is inconsistent and largely outdated. The bathrooms in particular are very dated with old vanities, basic fixtures, and older tile, suggesting they haven't been renovated in 30-50+ years. Other units show older hardwood floors and worn carpets. The property is functional and appears maintained enough for tenants, but requires substantial cosmetic rehabilitation and likely major system updates to meet modern standards and appeal. It is not unsafe or structurally unsound, but the extensive outdatedness across multiple units, especially in key areas like kitchens and bathrooms, places it in the 'poor' category.
Pros & Cons

Pros

Investment Opportunity: This 4-Plex is explicitly marketed as a 'Nice opportunity for investors,' indicating its primary value as an income-generating asset.
Stable Tenant Base: The presence of 'exceptional long term tenants with good history' suggests a reliable and consistent income stream with reduced vacancy risk.
Professional Management: The property has been 'professionally managed for several years,' which can streamline operations and reduce the immediate workload for a new owner.
Bonus Income Unit: A 'Bonus Studio renting at $809/mo' adds an additional revenue stream, enhancing the property's overall cash flow and investment appeal.
Prime Location & Accessibility: Its proximity to 'shops, restaurants, Public Transportation & BART' makes it highly attractive to tenants, ensuring continued demand and potential for rent stability.

Cons

Age of Property: Built in 1922, the property is over 100 years old, which may imply higher maintenance costs, outdated systems (plumbing, electrical), and potential for lead paint or asbestos issues.
Potential Rent Control Impact: Located in Oakland with long-term tenants, it is highly probable that the property is subject to rent control regulations, which could significantly limit future rent increases and overall investment returns.
Vague Update Information: While 'updates have been performed,' the lack of specific details makes it difficult to assess the extent and quality of these improvements, potentially masking deferred maintenance or significant future capital expenditures.

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