1993 38th Ave, Oakland, California 94601, Oakland, - bed, bath
ACTIVE$605,000
1993 38th Ave, Oakland, California 94601
0Bed
0Bath
Sqft
6,560Lot
Year Built
1923
Close
-
List price
$605K
Original List price
$615K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41072047
Home ConditionPoor
Features
Patio
View-
About this home
HUGE POTENTIAL!! Great Duplex, centrally located with easy freeway access, close to Fruitvale BART station. The front unit of the home is a 3-bedroom 1-bath, and the back unit is a 1-bedroom and 1-bath, Garage conversion to bonus Studio unit Unknown permits. The sewer lateral is in compliance with building codes. This large space in rear that may be opportunity to add more units. Cozy community space directly behind unit 2 and a long driveway for access or parking. convenient freeway access and close proximity to multiple markets, shops, and banks.
Nearby schools
2/10
Global Family School
Public,•K-5•0.1mi
2/10
Allendale Elementary School
Public,•K-5•0.8mi
3/10
International Community School
Public,•K-5•0.8mi
5/10
Think College Now School
Public,•K-5•0.8mi
2/10
Horace Mann Elementary School
Public,•K-5•0.9mi
3/10
Manzanita Seed
Public,•K-5•0.9mi
4/10
Fruitvale Elementary School
Public,•K-5•1.1mi
8/10
Edison Elementary School
Public,•K-5•1.5mi
5/10
Glenview Elementary School
Public,•K-5•1.7mi
3/10
United For Success Academy
Public,•6-8•0.3mi
4/10
Urban Promise Academy
Public,•6-8•0.5mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.0mi
4/10
Roosevelt Middle School
Public,•6-8•1.4mi
2/10
Bret Harte Middle School
Public,•6-9•1.5mi
1/10
Roots International Academy
Public,•6-8•1.8mi
6/10
Edna Brewer Middle School
Public,•6-8•1.8mi
9/10
Lincoln Middle School
Public,•6-8•2.2mi
2/10
Fremont High
Public,•9-12•0.5mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.8mi
4/10
Oakland High School
Public,•9-12•2.1mi
9/10
Alameda High School
Public,•9-12•2.1mi
4/10
Skyline High School
Public,•9-12•3.1mi
2/10
Oakland International High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
09/15/25
Price Change
$605,000
09/05/24
Listing
$615,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 6,560 | 5,045 | 92% |
| Price | $605K | $622K | 50% |
| Price per square foot | $0 | $0 | |
| Built year | 1923 | 9705973 | 33% |
| HOA | |||
| Days on market | 427 | 238 | 92% |
Condition Rating
Poor
Built in 1923, this property shows significant signs of age and lack of modern updates. The bathroom, as seen in the images, is extremely outdated with worn fixtures and wall surrounds that appear to be original or very old laminate, indicating a need for a full renovation. While no kitchen images are provided, the overall condition and age suggest a similar state. The description 'HUGE POTENTIAL' further implies substantial repairs and rehabilitation are required, likely including major system updates (plumbing, electrical, HVAC) due to the property's age. The 'Unknown permits' for the studio conversion also point to potential issues.
Pros & Cons
Pros
Strong Income-Generating Asset: The property is a duplex with a 3-bedroom/1-bath front unit and a 1-bedroom/1-bath back unit, offering immediate rental income potential for investors or owner-occupiers.
Significant Development Potential: Described as having 'HUGE POTENTIAL!!' and a 'large space in rear that may be opportunity to add more units,' indicating future expansion or additional dwelling unit (ADU) possibilities.
Excellent Transit-Oriented Location: Centrally located with easy freeway access and close proximity to the Fruitvale BART station, enhancing tenant appeal and property value due to convenient commuting.
Essential Infrastructure Compliance: The sewer lateral is confirmed to be in compliance with building codes, mitigating a common and potentially costly repair for older properties in Oakland.
Ample Parking & Accessibility: A long driveway provides valuable off-street parking and easy access, which is a significant advantage in urban environments.
Cons
Unpermitted Garage Conversion: The garage conversion to a bonus studio unit has 'Unknown permits,' posing a significant legal and financial risk for the buyer, potentially requiring costly legalization or demolition.
Age of Property & Potential Deferred Maintenance: Built in 1923, the property is over a century old, likely requiring substantial updates to major systems (electrical, plumbing, HVAC) and general maintenance, which could be a significant investment.
Implied Need for Substantial Investment: The description's emphasis on 'HUGE POTENTIAL!!' suggests the property requires considerable capital and effort for renovations, upgrades, or development to realize its full value, deterring turn-key buyers.