5663 Florence Ter, Oakland, California 94611, Oakland, - bed, bath

home-pic
PENDING$998,000
5663 Florence Ter, Oakland, California 94611
3Beds
4Baths
3,044Sqft
7,398Lot
Year Built
1924
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41115578
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Unique Dual-Home Opportunity! Seize the chance to own two distinct homes on one lot in Montclair! The 1924 cottage, renovated and expanded in the 1980s at 5663 Florence Ter, offers classic charm with modern living across two levels. The other home, 345 Capricorn Ave, built in 1993, features striking architecture with three living levels, a two-car garage, and expansive decks for outdoor enjoyment. Beautiful, uplifting tree-top views are seen from all rooms and decks at both homes. The privacy and lush greenery between the homes are complemented by a prime location just minutes from Montclair Village's boutique shops, eateries, and amenities. Ideal for both shared living and investment, this property promises flexibility and potential in a sought-after neighborhood.

Nearby schools

8/10
Thornhill Elementary School
Public,K-50.3mi
4/10
Montera Middle School
Public,6-81.5mi
2/10
Oakland International High School
Public,9-122.4mi
4/10
Skyline High School
Public,9-124.0mi
2/10
Fremont High
Public,9-124.4mi

Price History

Date
Event
Price
10/23/25
Listing
$998,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (177 Listings)
Beds33
50%
Baths43
79%
Square foot3,0442,341
79%
Lot Size7,3987,910
44%
Price$998K$1.37M
19%
Price per square foot$328$630.5
3%
Built year19249775978
20%
HOA
Days on market14159
1%
Condition Rating
Fair

This property consists of two homes: a 1924 cottage renovated in the 1980s and a home built in 1993. While well-maintained, the kitchens and bathrooms in the images display dated styles, such as 1990s tile countertops and older appliances (e.g., white wall oven, black cooktop). The bathroom vanity also appears to be from the 1980s or 90s. The flooring, primarily hardwood and some tile, appears to be in good condition. The property is functional and livable, but the aesthetic of key areas like kitchens and bathrooms is outdated and would likely require minor to substantial updates to meet current buyer preferences.
Pros & Cons

Pros

Dual-Home Opportunity: This unique property offers two distinct homes on one lot, providing exceptional flexibility for multi-generational living, rental income, or a live-work setup.
Prime Montclair Location: Situated in a sought-after Montclair neighborhood, the property boasts convenient access to Montclair Village's boutique shops, eateries, and amenities.
Scenic Views & Outdoor Spaces: Both homes feature beautiful, uplifting tree-top views from all rooms and expansive decks, enhancing outdoor enjoyment and overall living experience.
Architectural Diversity & Updates: The property combines the classic charm of a renovated 1924 cottage with the striking architecture of a newer 1993-built home, offering varied aesthetic appeal.
Strong Investment Potential: Explicitly highlighted as ideal for both shared living and investment, the dual-home setup offers significant potential for value appreciation and income generation.

Cons

Age of Original Structure: The 1924 cottage, despite renovations, may present potential challenges or require ongoing maintenance associated with older infrastructure and historic properties.
Potential for Complex Management: Managing and maintaining two distinct homes with different construction years and styles on a single lot could lead to increased complexity in upkeep and repairs.
Ambiguous Legal Classification: While marketed as a 'Dual-Home Opportunity,' the property is listed as 'Single Family Residence,' which may raise questions regarding legal separate occupancy, rental permits, or specific financing options.

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