2607 23rd Ave, Oakland, California 94606, Oakland, - bed, bath
ACTIVE$849,000
2607 23rd Ave, Oakland, California 94606
6Beds
3Baths
1,986Sqft
6,715Lot
Year Built
1948
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41116316
Home ConditionFair
Features
View-
About this home
What a fantastic opportunity to own a tri-plex in the heart of Oakland. Located in the Highland Terrace, this property is an excellent investment! It features a duet (Unit #2607 and #2611) with 2 beds / 1 bath each. #2607 is tenant occupied, #2611 is owner occupied with laundry. One detached unit #2621 has also 2 beds /1 bath with its own backyard. Each unit comes with 1 parking space. All units are well maintained. Separate PGE and water meters.
Nearby schools
3/10
Manzanita Seed
Public,•K-5•0.2mi
3/10
Garfield Elementary School
Public,•K-5•0.6mi
4/10
Bella Vista Elementary School
Public,•K-5•0.7mi
3/10
International Community School
Public,•K-5•0.9mi
5/10
Think College Now School
Public,•K-5•0.9mi
5/10
Glenview Elementary School
Public,•K-5•1.0mi
3/10
Franklin Elementary School
Public,•K-5•1.1mi
7/10
Cleveland Elementary School
Public,•K-5•1.2mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.3mi
6/10
Henry Haight Elementary School
Public,•K-5•2.1mi
8/10
Lincoln Elementary School
Public,•K-5•2.2mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.8mi
4/10
Roosevelt Middle School
Public,•6-8•0.6mi
4/10
Urban Promise Academy
Public,•6-8•0.7mi
6/10
Edna Brewer Middle School
Public,•6-8•0.8mi
3/10
United For Success Academy
Public,•6-8•0.8mi
2/10
Bret Harte Middle School
Public,•6-9•1.3mi
3/10
La Escuelita Elementary School
Public,•K-8•1.6mi
2/10
Westlake Middle School
Public,•6-8•2.3mi
5/10
Will C. Wood Middle School
Public,•6-8•2.8mi
4/10
Oakland High School
Public,•9-12•1.0mi
2/10
Fremont High
Public,•9-12•1.6mi
7/10
Oakland Technical High School
Public,•9-12•3.1mi
2/10
Oakland International High School
Public,•9-12•3.3mi
4/10
Skyline High School
Public,•9-12•3.5mi
7/10
Encinal Junior/Senior High
Public,•6-12•3.6mi
Price History
Date
Event
Price
10/30/25
Listing
$849,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (26 Listings) | |
|---|---|---|---|
| Beds | 6 | 3 | 89% |
| Baths | 3 | 2 | 70% |
| Square foot | 1,986 | 1,531 | 74% |
| Lot Size | 6,715 | 4,500 | 89% |
| Price | $849K | $715K | 63% |
| Price per square foot | $427 | $479 | 30% |
| Built year | 1948 | 1920 | 89% |
| HOA | |||
| Days on market | 6 | 202 | 4% |
Condition Rating
Fair
Built in 1948, this tri-plex shows its age with a mix of dated and moderately updated elements across its units. Units 2607 and 2611 feature kitchens and bathrooms with older cabinets, appliances (white in 2607, stainless in 2611 but still older style), and basic fixtures, suggesting renovations 20-30+ years ago or minimal updates. Flooring varies from decent hardwood to older tile and dated carpets. Unit 2621 is the most updated, with white shaker cabinets, stainless steel appliances, and subway tile in the kitchen and bathroom, likely renovated within the last 10-15 years, though the black marble-look floor tile and textured walls are specific and dated style choices. Heating is via wall units. While the property is described as 'well maintained' and appears functional, it requires significant cosmetic updates in at least two of the units to meet current quality and style standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
High Income Potential: The property is a tri-plex, explicitly marketed as an excellent investment opportunity with multiple rental units, offering significant income potential.
Independent Utility Management: Features separate PGE and water meters for each unit, simplifying tenant billing and reducing landlord overhead.
Well-Maintained Condition: All units are described as 'well maintained,' suggesting a lower immediate capital expenditure for a new owner.
Dedicated Parking: Each unit benefits from its own parking space, a significant advantage in an urban environment like Oakland.
Flexible Occupancy & Unit Features: Includes an owner-occupied unit with laundry and a detached unit with a private backyard, offering versatility for owner-occupancy or diverse rental appeal.
Cons
Property Age: Built in 1948, which may imply potential for older systems, infrastructure, and higher long-term maintenance costs compared to newer constructions.
Existing Tenant Lease: One unit is currently tenant-occupied, which could limit immediate owner-occupancy options for that specific unit and requires adherence to existing lease terms.
Conflicting Property Classification: Described as a 'tri-plex' but listed with a 'Single Family Residence' sub-type, which may lead to complexities in financing, zoning, or legal classification.