1840 90th Ave, Oakland, California 94603, Oakland, - bed, bath

home-pic
ACTIVE$949,888
1840 90th Ave, Oakland, California 94603
0Bed
0Bath
Sqft
8,621Lot
Year Built
1910
Close
-
List price
$950K
Original List price
$1,000K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41085212
Home ConditionFair
Features
View-

About this home

Good rental income Triplex is located near Bancroft Ave and freeway 580/238. Schools, shops, public transportation. Tenants occupied please do not disturb.

Price History

Date
Event
Price
09/15/25
Price Change
$949,888
02/08/25
Listing
$999,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot00
Lot Size8,6215,476
86%
Price$950K$670K
86%
Price per square foot$0$0
Built year19101944
14%
HOA
Days on market270218
71%
Condition Rating
Fair

The property was built in 1910, making it over 100 years old. While the exterior retains its historic charm, the interior images reveal functional updates, such as a renovated bathroom with modern fixtures, vanity, and a contemporary light bar, as well as updated windows and laminate flooring in one room. These updates suggest renovations likely occurred within the last 15-30 years, making the property habitable and suitable for rental income as described. However, without images of the kitchen or further details on major systems (HVAC, electrical, plumbing), and considering the overall age of the structure, it falls into the 'Fair' category, indicating it's aged but maintained with occasional updates, and may require further minor updates or repairs to meet modern standards.
Pros & Cons

Pros

Income-Generating Asset: As a triplex with 'Good rental income', the property offers immediate cash flow and strong investment potential for a buyer.
Established Occupancy: The property is 'Tenants occupied', ensuring immediate rental income and minimizing vacancy risk for the new owner.
Strategic Location: Its proximity to Bancroft Ave, freeways 580/238, schools, shops, and public transportation enhances tenant appeal and accessibility.
Recent Price Adjustment: A recent price reduction from $999,888 to $949,888 makes the property more competitive and attractive to potential buyers.
Generous Lot Size: The 8,621 sq ft lot provides potential for future expansion, landscaping, or additional development, adding long-term value.

Cons

Advanced Age of Property: Built in 1910, the property is over a century old, likely requiring significant capital expenditures for maintenance, repairs, and system upgrades.
Occupancy Restrictions: The 'Tenants occupied, please do not disturb' clause limits showing flexibility and could complicate due diligence or possession for an owner-occupant.
Limited Property Condition Details: The description lacks information regarding the current condition, recent renovations, or unit specifics, suggesting potential for unforeseen repair costs or deferred maintenance.

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