3265 Nichol Avenue, Oakland, California 94602, Oakland, - bed, bath
ACTIVE$598,800
3265 Nichol Avenue, Oakland, California 94602
3Beds
2Baths
1,193Sqft
5,400Lot
Year Built
1931
Close
-
List price
$599K
Original List price
$777K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82000855
Home ConditionGood
Features
ViewNeighborhood
About this home
Welcome to this charming 3-bedroom, 2-bathroom home in the vibrant city of Oakland. Spanning 1,193 sq ft, this residence sits on a 5,400 sq ft lot and offers a cozy and functional layout. The new kitchen was just completed less than two weeks ago providing everything needed for meal preparation. . The home offers a formal dining room for entertaining guests. For added convenience, the property includes a washer and dryer, making laundry days hasl District, this home offers proximity to local schools. Additional amenities include a one-car garage. This Oakland home provides a wonderful opportunity to enjoy comfortable and practical living.
Price History
Date
Event
Price
09/15/25
Price Change
$598,800
04/03/25
Listing
$777,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (113 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,193 | 1,648 | 27% |
| Lot Size | 5,400 | 5,003 | 57% |
| Price | $599K | $1.15M | 6% |
| Price per square foot | $502 | $686 | 15% |
| Built year | 1931 | 9640964 | 54% |
| HOA | |||
| Days on market | 216 | 149 | 89% |
Condition Rating
Good
The property, built in 1931, has undergone significant and very recent renovations. The kitchen was just completed less than two weeks ago, featuring new white shaker cabinets, modern quartz countertops, and recessed lighting. Both bathrooms have also been recently updated with modern vanities, fixtures, and subway tile. The living areas show well-maintained hardwood floors and fresh paint, making the home move-in ready. While the original structure is old and the condition of all major systems (HVAC, electrical, plumbing beyond fixtures) is not explicitly detailed, the extensive and high-quality updates to the most critical areas (kitchen and bathrooms) elevate its condition significantly, aligning with the 'Good' criteria of being extensively renovated within 5-15 years and move-in ready.
Pros & Cons
Pros
Recently Renovated Kitchen: A brand-new kitchen, completed just weeks ago, offers modern appeal and eliminates immediate renovation costs for the buyer, enhancing the home's move-in readiness.
Attractive Price Point & Value: The current list price of $598,800 is significantly below the original list price ($777,000) and also below the estimated property value ($642,178), indicating a strong potential for immediate equity or a good deal for buyers.
Functional Layout & Key Amenities: The home features a practical 3-bedroom, 2-bathroom layout, a formal dining room, in-unit washer/dryer, and a one-car garage, enhancing daily living convenience and appeal.
Desirable Oakland Location: Situated in a vibrant Oakland neighborhood with proximity to local schools, offering a convenient and sought-after urban lifestyle with good access to community amenities.
Generous Lot Size: A 5,400 sq ft lot provides valuable outdoor space for recreation, gardening, or potential future expansion, a significant asset in an urban setting like Oakland.
Cons
Significant Price Reduction History: The substantial price drop from $777,000 to $598,800 may raise buyer concerns about initial overpricing or underlying issues that led to market resistance, potentially requiring further investigation.
Older Home Construction: Built in 1931, the property, while charming, suggests the possibility of outdated systems (e.g., electrical, plumbing, HVAC) or deferred maintenance beyond the recently updated kitchen, which could incur future costs.
Modest Interior Square Footage: At 1,193 sq ft, the interior living space is relatively compact for a 3-bedroom home, which might be a limitation for buyers seeking more expansive rooms or additional living areas.