2137 94th Ave, Oakland, California 94603, Oakland, - bed, bath

home-pic
ACTIVE$1,100,000
2137 94th Ave, Oakland, California 94603
0Bed
0Bath
Sqft
5,500Lot
Year Built
2007
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41108724
Home ConditionGood
Features
Deck
View-

About this home

This is a 3-unit CONDOMINIUM COMPLEX built in 2007 and exempt from rent control! While the condos can be sold separately by a future owner, at this time the entire three-condo complex is being sold all together as a package deal. The front condo (2141) is a 3-bed, 2.5-bath, 1380sqft; the upstairs condo (2139) is a 3-bed, 2-bath, 982sqft; and the rear condo (2137) is a 3-bed, 2.5-bath, 1537sqft; for a grand total of 9 bedrooms, 6 full baths, 2 half baths, 3899sqft. All three condos feature stone counters, hardwood floors, and balconies. Each condo has separate laundry, central heating, water heaters, gas & electric meters, and attached garages sized to accommodate today’s modern vehicles. Each condo has its own APN and there’s a common area parcel (4 APNs total) that can be used to create an HOA. An HOA has not been created thus far because all parcels have been under one owner since inception. Since the complex is now being sold as a complete package, there’s an opportunity here for the next owner to buy the whole complex, establish an HOA, and then sell the units off individually. Don’t miss this rare opportunity to own a complete set of recently built individually transferable condos exempt from rent control. Perfect for the savvy investor owner seeking flexibility and upside!

Price History

Date
Event
Price
08/19/25
Listing
$1,100,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot00
Lot Size5,5005,476
57%
Price$1.1M$670K
86%
Price per square foot$0$0
Built year20071948
86%
HOA
Days on market77215
29%
Condition Rating
Good

Built in 2007, this 17-year-old property falls within the 'Good' condition criteria. The description highlights modern features such as stone counters, hardwood floors, central heating, and separate utilities for each unit. Images show clean, well-maintained interiors with hardwood flooring throughout living areas and bedrooms. The bathrooms, while featuring a slightly dated tiled countertop, are clean, functional, and in good repair. All major systems appear to be functional and within their expected lifespan, making the property move-in ready with no immediate renovations required.
Pros & Cons

Pros

Investment Flexibility & Upside: The property offers a unique opportunity to purchase a 3-unit complex as a package, establish an HOA, and then sell the condos individually, providing significant potential for profit and investment flexibility.
Rent Control Exemption: As a condominium complex built in 2007, it is exempt from rent control, a major advantage in the Oakland market for maximizing rental income and property value.
Modern Construction & Features: Built in 2007, the condos are relatively new and feature desirable modern amenities such as stone counters, hardwood floors, balconies, central heating, and attached garages.
Individual Unit Autonomy: Each condo boasts separate laundry, central heating, water heaters, gas & electric meters, and its own APN, simplifying management and facilitating potential individual sales.
Diversified Income Stream: Owning a 3-unit complex provides multiple rental income streams, reducing vacancy risk and offering a stable return for investors.

Cons

HOA Establishment Required: The new owner will need to undertake the potentially complex and time-consuming process of establishing an HOA if they intend to sell the units individually.
High Initial Capital Outlay: The property is sold as a complete package, requiring a substantial initial investment which may limit the pool of potential buyers.
Lack of Existing HOA Structure: Without an established HOA, the owner will be responsible for managing common area maintenance and shared responsibilities until an HOA is formed, adding administrative burden.

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