3120 School St, Oakland, California 94602, Oakland, 94602 - bed, bath
ACTIVE$799,000
3120 School St, Oakland, California 94602
0Bed
0Bath
Sqft
4,400Lot
Year Built
1965
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41116889
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $799.0K(50th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
START INVESTING NOW! Easy to own TRIPLEX, all units are 2 bedrooms and 1 bath, each with its own GARAGE PARKING. UPDATED ELECTRICAL PANELS, Newer gate, some newer appliances, easy to maintain wood laminate flooring, POSSIBLE LAUNDRY ROOM to collect extra income! Each Garage also has its own DRIVEWAY PARKING. Close to shopping, easy access to public transportation and major freeways, walking distance to schools!
Nearby schools
4/10
Fruitvale Elementary School
Public,•K-5•0.2mi
5/10
Sequoia Elementary School
Public,•K-5•0.6mi
5/10
Glenview Elementary School
Public,•K-5•0.9mi
2/10
Bret Harte Middle School
Public,•6-9•0.5mi
6/10
Edna Brewer Middle School
Public,•6-8•1.2mi
2/10
Fremont High
Public,•9-12•1.4mi
4/10
Oakland High School
Public,•9-12•1.6mi
4/10
Skyline High School
Public,•9-12•2.6mi
2/10
Oakland International High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
11/06/25
Listing
$799,000
11/26/03
Sold
$510,000
Condition Rating
Fair
Built in 1965, this triplex shows its age with very dated kitchens and bathrooms featuring older cabinets, laminate countertops, and basic, older appliances (though some newer ones are mentioned). Light fixtures are also outdated. While the property benefits from updated electrical panels and some newer flooring (wood laminate in living areas), the critical areas like kitchens and bathrooms require significant aesthetic updates and modernization to meet current standards. The property is functional and maintained, but clearly shows signs of being outdated.
Pros & Cons
Pros
Income-Generating Triplex: This property is a triplex, offering three distinct 2-bedroom, 1-bath units, making it an excellent residential income investment opportunity.
Individual Parking: Each unit benefits from its own dedicated garage parking space, plus an additional driveway parking spot, a significant advantage for tenants in an urban setting.
Recent Infrastructure Updates: Key updates include newer electrical panels, a newer gate, and some newer appliances, reducing immediate capital expenditure for the new owner.
Value-Add Opportunity: The potential for adding a laundry room presents a clear opportunity to generate additional income and enhance tenant amenities.
Prime Location & Accessibility: The property boasts a highly convenient location, close to shopping, public transportation, major freeways, and within walking distance to schools, enhancing tenant appeal.
Cons
Property Age: Built in 1965, the property's age suggests that while some updates have been made, other major systems (e.g., plumbing, roof) may be original or nearing the end of their useful life, potentially requiring future investment.
No Mention of Cooling System: The description does not specify the presence of a cooling system (e.g., air conditioning), which could be a drawback for tenants during warmer months in California.
Mixed School Ratings: While some highly-rated schools are nearby, the presence of several schools with lower ratings (e.g., rating 2) in the immediate vicinity might be a consideration for families prioritizing top-tier public education.