7412 Weld St, Oakland, California 94621, Oakland, - bed, bath

ACTIVE$392,000
7412 Weld St, Oakland, California 94621
2Beds
1Bath
864Sqft
5,000Lot
Year Built
1915
Close
-
List price
$392K
Original List price
$392K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41116195
Home ConditionPoor
Features
Deck
View-
About this home
Welcome to this hidden gem in the vibrant city of Oakland! This HUD home at 7412 Weld St is brimming with potential and waiting for the right owner to bring it back to life. Ideal for FHA 203k buyers, this property requires some TLC but has the foundation to become a dream home or a profitable rental property. With its convenient location close to local amenities and transportation links, it offers an excellent opportunity for both owner-occupancy and investment. Please note that all specifications are subject to buyer's verification.
Price History
Date
Event
Price
10/30/25
Listing
$392,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (39 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 33% |
| Baths | 1 | 2 | 35% |
| Square foot | 864 | 1,147 | 8% |
| Lot Size | 5,000 | 4,094 | 75% |
| Price | $392K | $505K | 23% |
| Price per square foot | $454 | $433 | 60% |
| Built year | 1915 | 9620962 | 13% |
| HOA | |||
| Days on market | 6 | 178 | 3% |
Condition Rating
Poor
Built in 1915, this property explicitly states it 'requires some TLC' and is a 'HUD home,' indicating significant deferred maintenance. The kitchen features very dated wooden cabinets, old laminate countertops, an older gas range, and missing backsplash, requiring a full renovation. The bathroom is in equally poor condition with an old pedestal sink, stained tub, outdated fixtures, peeling paint, and dirty, old tile flooring. Throughout the house, hardwood floors are heavily worn and scratched, and the overall condition suggests substantial repairs and rehabilitation are needed to make it livable and up to modern standards.
Pros & Cons
Pros
Investment & Owner-Occupancy Opportunity: The property is explicitly marketed as an excellent opportunity for both owner-occupancy and a profitable rental investment, appealing to a broad buyer base.
FHA 203k Loan Eligibility: Ideal for FHA 203k buyers, this feature broadens the potential buyer pool by facilitating renovation financing for necessary upgrades.
Convenient Urban Location: Situated in a vibrant Oakland neighborhood, the property offers convenient access to local amenities and transportation links, enhancing its desirability.
Strong Renovation Foundation: Described as having a solid 'foundation to become a dream home,' indicating good underlying structure for a significant remodel and value addition.
Accessible Price Point for Oakland: Despite needing work, the list price of $392,000 offers a relatively accessible entry into the competitive Oakland single-family home market.
Cons
Significant Renovation Needs: The property 'requires some TLC' and is described as needing to be 'brought back to life,' implying substantial renovation costs and effort for the new owner.
Historic Property Challenges: Built in 1915, the home likely presents challenges associated with older construction, such as outdated systems, potential for hazardous materials, and higher ongoing maintenance.
Above Market Estimation: The current list price is approximately 12% higher than the property's estimated value, which may impact buyer perception and negotiation leverage.

