521 Merritt Ave, Oakland, California 94610, Oakland, 94610 - bed, bath
ACTIVE$1,295,000
521 Merritt Ave, Oakland, California 94610
0Bed
0Bath
Sqft
4,725Lot
Year Built
1941
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41117666
Home ConditionPoor
Features
Good View:
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About this home
We found 3 Cons,5 Pros. Rank: price - $1.29M(56th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
Offers due by 12/10 at noon.
Price History
Date
Event
Price
11/17/25
Listing
$1,295,000
Condition Rating
Poor
Built in 1941, this property shows significant signs of age and deferred maintenance. The exterior has peeling paint and general disrepair. The kitchens are extremely outdated with old tile countertops, worn cabinets (some missing doors/drawers), and no visible modern appliances, requiring a full renovation. Carpets throughout are heavily worn, dirty, and matted, needing immediate replacement. While some hardwood floors are present, they require refinishing. Light fixtures are outdated. The overall condition indicates that the property requires substantial repairs and rehabilitation to be comfortably livable, aligning with the 'poor' category.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Lake Merritt subdivision in Oakland, offering excellent access to urban amenities, recreation, and transportation.
Income-Generating Asset: As a Duplex (Residential Income property), it provides immediate rental income potential or flexibility for owner-occupancy with supplemental income.
Architectural Character: Built in 1941, the property likely possesses period-specific architectural details and solid construction, appealing to buyers seeking charm and history.
Investment Opportunity: A duplex in a sought-after Oakland neighborhood represents a robust investment opportunity with potential for appreciation and consistent rental demand.
Generous Lot Size: The 4725 sq ft lot offers ample outdoor space, potential for landscaping, or future expansion possibilities (subject to local zoning regulations).
Cons
Age-Related Maintenance: Built in 1941, the property is likely to require ongoing maintenance and potential updates to major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and tenant expectations.
High Entry Price: The list price of $1,295,000 is substantial, which, combined with potential renovation costs for an older duplex, could limit the buyer pool and impact immediate cash flow for investors.
Limited Listing Details: The provided description is extremely brief, lacking crucial information regarding the current condition of units, recent upgrades, or specific features, which creates uncertainty for potential buyers and necessitates thorough due diligence.