9624 E. St., Oakland, California 94603, Oakland, - bed, bath
ACTIVE$820,000
9624 E. St., Oakland, California 94603
0Bed
0Bath
Sqft
5,000Lot
Year Built
1964
Close
-
List price
$820K
Original List price
$895K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41064850
Home ConditionGood
Features
View-
About this home
LOOK AT THE BIG PRICE IMPROVEMENT. property has been remodeled, new flooring, new windows, kitchen and baths show very well. separate meters for both PG&E and EBMD. tenants pay for their own utilities. plenty of parking in the back area, perfect for a first time buyer or owner to live in one and have all three tenants pay their mortgage. security gate in driveway and also at the apartment entry way. needs a little TLC .
Price History
Date
Event
Price
10/25/25
Price Change
$820,000-0.6%
09/27/25
Price Change
$825,000-1.7%
09/15/25
Price Change
$839,000
06/27/24
Listing
$895,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $820K | $670K | 71% |
| Price per square foot | $0 | $0 | |
| Built year | 1964 | 1948 | 71% |
| HOA | |||
| Days on market | 497 | 219 | 86% |
Condition Rating
Good
The property, built in 1964, has undergone significant recent renovations as stated in the description and confirmed by the images. The kitchen features modern white shaker cabinets, dark countertops, stainless steel appliances, and subway tile backsplash, all appearing to be in excellent, updated condition. Bathrooms also show modern vanities, fixtures, and subway tile surrounds. New flooring (tile and some carpet) and new windows contribute to a move-in ready interior. While the property has an older build year and retains some older elements like wall-mounted heaters and popcorn ceilings, the extensive updates to critical areas like the kitchen and bathrooms, along with new flooring and windows, elevate its condition to 'Good'. The 'needs a little TLC' likely refers to minor cosmetic touch-ups or exterior maintenance, but the core living spaces are well-maintained and updated.
Pros & Cons
Pros
Income-Generating Potential: As a quadruplex, this property offers significant income potential, allowing an owner-occupant to live in one unit while tenants in the other three units contribute substantially to mortgage payments.
Recent Renovations: The property has undergone recent remodels, including new flooring, windows, and updated kitchens and bathrooms, presenting a well-maintained appearance and reducing immediate renovation costs for a buyer.
Separate Utility Metering: Equipped with separate meters for PG&E and EBMUD, tenants are responsible for their own utilities, simplifying landlord expenses and maximizing net operating income for the owner.
Significant Price Improvement: The property has seen a substantial price reduction from its original listing, indicating a motivated seller and potentially offering a more attractive investment opportunity at the current list price.
Enhanced Security and Parking: Security gates at both the driveway and apartment entryways provide added safety, complemented by ample parking space in the back area, a valuable amenity in urban settings.
Cons
Remaining Deferred Maintenance: Despite recent remodels, the description explicitly states the property 'needs a little TLC,' suggesting there may be additional, unspecified maintenance or cosmetic work required post-purchase.
Age of Structure: Built in 1964, the property's underlying structure is older, which could imply potential for aging systems (e.g., plumbing, electrical, roof) that may not have been fully updated in the recent remodels and could require future capital expenditure.
Extended Market Presence: Multiple price reductions since the initial listing may suggest a prolonged market presence or challenges in attracting buyers at previous price points, potentially indicating a perceived overvaluation or other market concerns.