952 72nd Avenue, Oakland, California 94621, Oakland, - bed, bath
ACTIVE$449,999
952 72nd Avenue, Oakland, California 94621
0Bed
0Bath
2,264Sqft
2,500Lot
Year Built
1965
Close
-
List price
$450K
Original List price
$529K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81992300
Home ConditionPoor
Features
View-
About this home
Potential Potential for the one that is willing to to the work just needs TLC this has cash flow potential for the savvy buyer.
Price History
Date
Event
Price
09/16/25
Price Change
$449,999
01/30/25
Listing
$529,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,264 | 0 | 0% |
| Lot Size | 2,500 | 4,600 | 13% |
| Price | $450K | $648K | 13% |
| Price per square foot | $199 | $0 | 75% |
| Built year | 1965 | 9775983 | 75% |
| HOA | |||
| Days on market | 280 | 200 | 75% |
Condition Rating
Poor
Built in 1965, this property is over 50 years old. The listing description explicitly states it 'needs TLC' and has 'cash flow potential for the savvy buyer,' indicating a need for significant investment. The images confirm this, particularly the kitchen which features very dated honey oak cabinets and older tile flooring, suggesting it has not been extensively renovated in decades. While the living area flooring appears somewhat updated, the overall condition, especially the kitchen, points to a property requiring substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Income-Generating Property: Classified as a 'Residential Income' property and a 'Duplex,' offering immediate cash flow potential for investors looking for rental income.
Significant Price Reduction: The property has seen a substantial price drop from its original list price of $529,000 to $449,999, presenting a more attractive entry point for buyers.
Value-Add Opportunity: The description explicitly states 'Potential Potential for the one that is willing to to the work just needs TLC,' indicating a clear opportunity for a savvy buyer to add value through renovation and increase equity or rental income.
Desirable Market Location: Situated in Oakland, California, a part of the competitive Bay Area market, which generally experiences strong rental demand and property appreciation.
Generous Interior Space: With 2264 sqft, the duplex offers ample living space, which can be appealing to tenants or future owner-occupants, providing good value per square foot.
Cons
Extensive Renovation Required: The explicit mention of 'just needs TLC' and 'willing to do the work' indicates that the property requires significant repairs, updates, and capital investment, suggesting an 'as-is' sale.
Small Lot Size: A lot size of 2500 sqft is relatively small, which may limit outdoor living space, potential for expansion, or adequate parking for multiple units.
Unspecified School District: The 'Other' designation for the high school district provides no specific information, which could be a concern for family-oriented buyers prioritizing school quality and local amenities.