ACTIVE$748,888

821 Park Way, Oakland, California 94606

0Bed

0Bath

Sqft

1,800Lot

Year Built

1914

List price

$749K

Original List price

$749K

Price/Sqft

HOA

Days on market

Sold On

MLS number

41091874

Home ConditionFair

Features

View-

About this home

We found 3 Cons,5 Pros. Rank: price - $748.9K(43th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).

This well-maintained triplex features three spacious units, each with its own character and charm. Whether you're looking for rental income or a live-in investment opportunity, this property provides versatile options. Each unit is designed to maximize space and functionality, offering comfortable living with a mix of traditional Oakland architecture and modern upgrades. Unit 1: A bright, airy 3-bedroom, 1-bath unit with updated flooring, spacious living areas, washer/Dryer in unit and large windows that let in plenty of natural light and ample storage space. Unit 2: A spacious 2-bedroom, 1-bath unit with an open kitchen, and a comfortable living space. Unit 3: Cozy studio unit in the back of the property with generous front porch area. Prime Location: Walking distance to Laney College, local shops, restaurants, and public transportation. Perfect for investors, with three separate units that offer the chance for steady rental income. The property includes off-street parking for residents. Please do not disturb occupants. Buyers/agents to verify square footage.

Nearby schools

3/10

Franklin Elementary School

Public,•K-5•0.4mi

8/10

Lincoln Elementary School

Public,•K-5•0.9mi

7/10

Cleveland Elementary School

Public,•K-5•1.1mi

3/10

Garfield Elementary School

Public,•K-5•1.1mi

4/10

Bella Vista Elementary School

Public,•K-5•1.2mi

6/10

Henry Haight Elementary School

Public,•K-5•1.6mi

3/10

International Community School

Public,•K-5•1.6mi

5/10

Think College Now School

Public,•K-5•1.6mi

3/10

Manzanita Seed

Public,•K-5•1.7mi

9/10

Crocker Highlands Elementary School

Public,•K-5•2.0mi

5/10

Glenview Elementary School

Public,•K-5•2.2mi

2/10

Piedmont Avenue Elementary School

Public,•K-5•2.6mi

3/10

La Escuelita Elementary School

Public,•K-8•0.3mi

4/10

Roosevelt Middle School

Public,•6-8•1.0mi

2/10

Westlake Middle School

Public,•6-8•1.6mi

6/10

Edna Brewer Middle School

Public,•6-8•1.6mi

4/10

Urban Promise Academy

Public,•6-8•1.8mi

5/10

Will C. Wood Middle School

Public,•6-8•2.0mi

3/10

United For Success Academy

Public,•6-8•2.2mi

2/10

Bret Harte Middle School

Public,•6-9•2.7mi

4/10

Oakland High School

Public,•9-12•1.4mi

7/10

Encinal Junior/Senior High

Public,•6-12•2.3mi

2/10

Fremont High

Public,•9-12•2.8mi

7/10

Oakland Technical High School

Public,•9-12•2.8mi

2/10

Oakland International High School

Public,•9-12•2.9mi

4/10

Skyline High School

Public,•9-12•5.0mi

Price History

Date

Event

Price

04/04/25

Listing

$748,888

Condition Rating

Fair

The property was built in 1914, making it over 100 years old. While the listing describes it as 'well-maintained' with 'modern upgrades' and 'updated flooring' in Unit 1, and an 'open kitchen' in Unit 2, there are no interior images to verify the condition, style, and recency of these renovations, especially for the kitchens and bathrooms. The exterior appears to be in good condition with fresh paint and newer-looking windows, suggesting regular upkeep. However, without visual confirmation of significant, recent renovations (within the last 5-15 years) to major systems and interior spaces, particularly kitchens and bathrooms, it's more appropriate to classify it as 'Fair.' This score acknowledges the maintenance and some updates while accounting for the property's significant age and the likelihood that some major components, even if functional, may show signs of being outdated or were renovated 15-30 years ago rather than more recently.

Pros & Cons

Pros

Income-Generating Triplex: This property is a well-maintained triplex, explicitly designed for investors, offering three separate units that provide a strong opportunity for steady rental income.

Prime Location: Situated in a highly desirable area, the property boasts a prime location within walking distance to Laney College, local shops, restaurants, and public transportation, enhancing its rental appeal and long-term value.

Versatile Investment Opportunity: The triplex offers flexible options for buyers, suitable for either a pure rental income investment or a live-in owner seeking to offset mortgage costs with rental income from the other units.

Well-Maintained with Modern Upgrades: Described as 'well-maintained' with 'modern upgrades' in units (e.g., updated flooring, open kitchen, in-unit washer/dryer), suggesting reduced immediate capital expenditure for a new owner.

Off-Street Parking: The inclusion of off-street parking is a significant advantage in an urban setting like Oakland, adding convenience and value for residents.

Cons

Limited Lot Size: With a lot size of only 1800 sq ft, the property offers minimal outdoor space, which could be a drawback for tenants seeking yard access or for future expansion possibilities.

Age of Building: Built in 1914, despite modern upgrades, the property's age suggests potential for older underlying infrastructure (e.g., plumbing, electrical, foundation) that may require significant future maintenance or capital investment.

Occupancy Restrictions for Showings: The instruction 'Please do not disturb occupants' indicates that access for showings and thorough inspections of all units may be challenging, potentially complicating the buyer's due diligence process.

About this home

Nearby schools

Price History

Pros

Cons

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821 Park Way, Oakland, California 94606, Oakland, 94606 - bed, bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI