3906 Lusk St, Oakland, California 94608, Oakland, - bed, bath
ACTIVE$895,000
3906 Lusk St, Oakland, California 94608
0Bed
0Bath
Sqft
4,000Lot
Year Built
1910
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41097012
Home ConditionPoor
Features
View-
About this home
Great investment. Convenient location.
Nearby schools
2/10
Hoover Elementary School
Public,•K-5•0.5mi
2/10
Emerson Elementary School
Public,•K-5•0.9mi
1/10
Sankofa Academy
Public,•PK-5•1.3mi
8/10
Peralta Elementary School
Public,•K-5•1.5mi
6/10
Malcolm X Elementary School
Public,•K-5•1.6mi
6/10
Leconte Elementary School
Public,•K-5•2.0mi
6/10
John Muir Elementary School
Public,•K-5•2.4mi
7/10
Emerson Elementary School
Public,•K-5•2.5mi
7/10
Washington Elementary School
Public,•K-5•2.6mi
5/10
Oxford Elementary School
Public,•K-5•4.0mi
7/10
Cragmont Elementary School
Public,•K-5•4.4mi
4/10
Anna Yates Elementary School
Public,•K-8•0.8mi
2/10
Westlake Middle School
Public,•6-8•1.2mi
3/10
West Oakland Middle School
Public,•6-8•1.6mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Willard Middle School
Public,•6-8•2.2mi
5/10
Emery Secondary School
Public,•9-12•0.7mi
2/10
Oakland International High School
Public,•9-12•0.7mi
3/10
Mcclymonds High School
Public,•9-12•0.9mi
7/10
Oakland Technical High School
Public,•9-12•1.0mi
8/10
Berkeley High School
Public,•9-12•2.7mi
2/10
Fremont High
Public,•9-12•5.1mi
Price History
Date
Event
Price
05/10/25
Listing
$895,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $895K | $895K | 50% |
| Price per square foot | $0 | $0 | |
| Built year | 1910 | 1912 | 44% |
| HOA | |||
| Days on market | 178 | 181 | 44% |
Condition Rating
Poor
Built in 1910, this property is over a century old. The listing provides no interior images or details regarding any significant renovations to the kitchen, bathrooms, or major systems (electrical, plumbing, HVAC). The presence of window air conditioning units visible in the exterior photo strongly suggests a lack of central cooling, indicating outdated HVAC. Without any evidence of recent updates, it's highly probable that the interior finishes and essential systems are severely outdated and require substantial repairs and rehabilitation to meet modern standards and ensure comfort and safety. The property's value is likely tied to its income potential as a quadruplex, implying a significant renovation project for a new owner.
Pros & Cons
Pros
Income-Generating Asset: As a quadruplex, this property offers four distinct rental units, providing a robust income stream and strong cash flow potential for investors.
Prime Investment Opportunity: Explicitly marketed as a 'Great investment,' this property is ideally suited for buyers seeking a multi-unit asset with long-term appreciation potential in a competitive market.
Strategic Location: Located in Oakland, CA 94608, a desirable and appreciating Bay Area market, its 'convenient location' enhances tenant appeal and contributes to property value.
Multi-Unit Configuration: The quadruplex setup diversifies income risk across multiple tenants, offering greater stability and resilience compared to single-family or duplex investments.
Adequate Lot Size: A 4000 sq ft lot provides valuable outdoor space, potential for parking, or future development opportunities, which is a significant asset for a multi-unit property in an urban environment.
Cons
Advanced Age of Property: Built in 1910, the property is over a century old, likely indicating a need for significant capital expenditures on deferred maintenance, outdated systems (plumbing, electrical), and potential lead/asbestos remediation.
Sparse Property Description: The listing description is extremely brief ('Great investment. Convenient location.'), lacking crucial details such as unit configurations, current rental income, property condition, or recent upgrades, which are essential for investor evaluation.
Data Inconsistency: The 'on_market_date' (2025-05-10) and 'modified_timestamp' (2025-08-07) are in the future for an 'Active' listing, suggesting potential data entry errors or a pre-listing status that could cause confusion or distrust among potential buyers.