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2731 E 11th Street, Oakland, California 94601, Oakland, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$769,000
2731 E 11th Street, Oakland, California 94601
4Beds
3Baths
2,500Sqft
5,000Lot
Year Built
1900
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
-
HOA
-
Days on market
78 Days
Sold On
2024-04-16
MLS number
ML81952722
Home ConditionPoor
Features
Patio
View-

About this home

Discover endless possibilities at 2731 E 11th St, Oakland, CA 94601 a captivating mix-use duplex that seamlessly blends commercial and residential charm. Ideal for investors and buyers alike, this property offers a unique multigenerational-style setting. TLC transforms it into a hidden gem. Step into spacious rooms and a well-appointed kitchen, showcasing the potential for comfortable living. The primary bedroom, accompanied by an additional room, exemplifies the generous layout. Large bedrooms throughout provide versatility. A good-sized backyard and expansive space underneath the property offer endless potential. Discover large sheds, storage, and a garage with room for a lift or workshop. Classified as a mix-use duplex, this property opens doors for commercial ventures in a mild industrial area. With four stories, including additional living space downstairs and an attic that could serve as an extra bedroom, the property caters to savvy buyers seeking diverse opportunities. Perfect for generational living, rental income, or commercial endeavors - this property is a rare find. Don't miss out on this unique gem; it's a canvas ready for your vision. Take action and explore the boundless possibilities at 2731 E 11th St where potential meets value, and dreams turn into reality.

Nearby schools

3/10
International Community School
Public,•K-5•0.2mi
5/10
Think College Now School
Public,•K-5•0.2mi
3/10
Garfield Elementary School
Public,•K-5•0.6mi
8/10
Edison Elementary School
Public,•K-5•0.9mi
6/10
Henry Haight Elementary School
Public,•K-5•1.1mi
2/10
Global Family School
Public,•K-5•1.1mi
4/10
Urban Promise Academy
Public,•6-8•0.6mi
4/10
Roosevelt Middle School
Public,•6-8•0.8mi
3/10
United For Success Academy
Public,•6-8•1.0mi
9/10
Lincoln Middle School
Public,•6-8•1.8mi
5/10
Will C. Wood Middle School
Public,•6-8•1.9mi
9/10
Alameda High School
Public,•9-12•1.2mi
2/10
Fremont High
Public,•9-12•1.3mi
4/10
Oakland High School
Public,•9-12•1.9mi
7/10
Encinal Junior/Senior High
Public,•6-12•3.0mi
2/10
Oakland International High School
Public,•9-12•4.1mi

Price History

Date
Event
Price
01/29/24
Listing
$769,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (61 Listings)
Beds43
77%
Baths31
87%
Square foot2,5001,139
95%
Lot Size5,0004,045
79%
Price$769K$567K
84%
Price per square foot$308$483
11%
Built year19009580958
5%
HOA
Days on market646175
98%
Condition Rating
Poor
This property, built in 1900, is in need of substantial repairs and rehabilitation. The kitchen features dated light wood cabinets, older white and black appliances, and a dated ceiling fan, requiring a full renovation to meet modern standards. The bathrooms also exhibit outdated light wood vanities, older countertops, and dated strip lighting. While some areas have hardwood flooring, other areas feature dated large-format tiles and worn carpets. The overall condition, as indicated by the description's 'TLC transforms it into a hidden gem,' suggests significant investment is needed beyond minor cosmetic updates, likely including major system upgrades given the age of the home.
Pros & Cons

Pros

Versatile Mixed-Use Zoning: The property is a captivating mixed-use duplex, allowing for both commercial and residential ventures in a mild industrial area, offering significant flexibility for investors or owner-occupiers.
Significant Space & Expansion Potential: Boasting four stories, including additional living space downstairs and an attic, along with expansive space underneath the property, it offers substantial square footage and potential for further development or customization.
Multigenerational & Income Potential: Designed for a unique multigenerational-style setting, this property is ideal for extended family living, generating rental income, or various commercial endeavors, appealing to a broad range of buyers.
Ample Utility & Storage: The property includes large sheds, dedicated storage areas, and a garage with sufficient space for a lift or workshop, providing excellent utility and storage solutions.
Spacious Interior Layout: It features spacious rooms, a well-appointed kitchen, a primary bedroom with an additional room, and large bedrooms throughout, indicating a generous and comfortable living arrangement.

Cons

Requires Significant Renovation: The description explicitly states 'TLC transforms it into a hidden gem,' indicating that the property requires considerable renovation and investment to reach its full potential.
Age of Property: Built in 1900, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and higher maintenance costs, which are not detailed but implied by the need for 'TLC'.
Mild Industrial Area Location: While beneficial for commercial use, its location in a 'mild industrial area' might be a drawback for residential buyers seeking a traditional, quiet neighborhood environment, potentially affecting residential desirability.

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