1600 E 31st St, Oakland, California 94602, Oakland, - bed, bath
ACTIVE$1,380,000
1600 E 31st St, Oakland, California 94602
0Bed
0Bath
Sqft
5,000Lot
Year Built
1958
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41113329
Home ConditionGood
Features
View-
About this home
This fourplex is unique. Separate PG&E and water meters. You can occupy the vacant unit and have three other units to support expenses. Better than buying a single family home. The vacant unit has two bedrooms one bath, dining area and remodeled kitchen. Private backyard. Easy access to Freeway 580. Close to Highland Hospital. Open house Sunday(11/2) 2 to 4 p.m.
Price History
Date
Event
Price
10/01/25
Listing
$1,380,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,000 | 4,929 | 63% |
| Price | $1.38M | $1.11M | 75% |
| Price per square foot | $0 | $0 | |
| Built year | 1958 | 9625963 | 100% |
| HOA | |||
| Days on market | 35 | 137 | 13% |
Condition Rating
Good
The property, built in 1958, features a significantly remodeled vacant unit as highlighted in the description and images. The kitchen boasts modern dark cabinets, light countertops, a mosaic tile backsplash, and a contemporary sink/faucet, though the white electric range is a slight mismatch. The bathroom is also updated with a modern vanity, sink, faucet, and a glass shower enclosure. The unit includes updated laminate wood flooring and windows, presenting as move-in ready with minimal wear and tear. While the overall building is older, the extensive renovations to this specific unit, likely within the last 5-15 years, align its condition with the 'Good' category.
Pros & Cons
Pros
Income Generation: As a quadruplex with separate PG&E and water meters, the property offers strong potential for rental income, with three units capable of supporting expenses.
Owner-Occupancy Advantage: The availability of a vacant unit provides a unique opportunity for the buyer to live on-site, reducing personal housing costs while managing the investment.
Modernized Vacant Unit: The vacant unit features a remodeled kitchen, enhancing its immediate appeal and readiness for occupancy by an owner or new tenant.
Strategic Location: The property boasts easy access to Freeway 580 and is close to Highland Hospital, offering significant convenience for residents and potential tenants.
Private Outdoor Space: The vacant unit includes a private backyard, a desirable amenity that adds value and appeal for urban living.
Cons
Property Age: Constructed in 1958, the property is over six decades old, potentially indicating a need for updates to major systems and overall infrastructure in the non-remodeled units.
Limited Unit Information: The description provides insufficient details on the condition, occupancy status, or current rental income of the three non-vacant units, posing an information gap for potential investors.
Potential for Deferred Maintenance: Without explicit mention of comprehensive renovations beyond one kitchen, there's a risk of deferred maintenance or outdated features in the other units or common areas.