March 10, 2010

Affordable house in Oakland – just $99,000!

Beds: 3
Baths: 1
Sq. Ft.: 1,200
$/Sq. Ft.: $82
Lot Size: 1,800 Sq. Ft.
TYPE: Detached
STYLE: Other
STORIES: 1
Year Built: 1910
Community: Oakland
County: Alameda
MLS#: 40451794
Source: EBRD
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 8 days
Call Leon Washington at 510-638-1087 for any questions. Regular sale

Thanks to Burbed reader sonarrat for this find!

Here’s what sonarrat had to say:

Ever wonder how you fit a 1200 sf house on a 1800 sf lot?

yes, that really is the house!

What a curious property! It looks something that would be fitting for the show 24! Is this where the weapons of mass destruction are located? Is this where the “harsh interrogations” happen?

But… no… that really is the house. Go figure!

And… it’s shockingly affordable. At just $82 per square foot, most readers here can probably charge it to a credit card.

Sure… this was probably a zoning mistake:

image

But hey, their mistake is your gain! Buy it today and rent it out! Start your slumlording today!

Comments (13) -- Posted by: burbed @ 5:27 am

13 Responses to “Affordable house in Oakland – just $99,000!”

  1. Joe Says:

    Looks like a slice of the american dream pie if you ask me, where do I sign up?

  2. Herve Estater Says:

    Awesome history!

    Jun 11, 2003 Sold $150,000
    Jun 11, 2003 Sold $300,000
    Oct 06, 1989 Sold $62,000
    Jul 25, 1989 Sold $41,000

    nomadic, there are 2 sales on June 11, 2003. What happened?

  3. Pralay Says:

    Looks like it took six months for a house to move from Moss Beach stop sign to Oakland stop sign. Meanwhile it was painted white on the way (or may be, by mistake it went to a carwash).

  4. nomadic Says:

    No idea.

    Date Amount Type Transaction 1st party 2nd party Event ID
    8/18/2004 Grant Deed Resale Geegan, Birdell Geegan, Howard 138630343
    6/11/2003 $300,000 Grant Deed Resale Washington, Leon A Washington, Judith R 138624532
    6/11/2003 $150,000 Grant Deed Resale Reed, Mcarthur Washington, Leon A 138722052

  5. ES Says:

    maybe two people are TIC? I would want at least one equity partner if I were making such a large real property acquisition.

  6. SmilingCat Says:

    Drug lab or factory for illegals guns/parts, your call!

  7. nomadic Says:

    Hide in plain sight, eh, SmilingCat?

  8. bob Says:

    What a steal!
    In all seriousness I remember reading in the SF Chronicle about some cute young hipster couple who bought a house in the middle of the oakland ghetto because in their words ” At the rate homes are appreciating, in 10 years time homes will be 2 million dollars anywhere in the Bay Area…” so we had to buy. I remember they had gotten some sort of money from Mom and Dad too.

    I’m going to take a wild guess that they paid $450-$500k for the thing and now its totally worthless just like this POS.

    Sometimes forced gentrification just doesn’t work.

  9. Herve Estater Says:

    Bing shows an billboard on the property. Cha ching!

  10. anon Says:

    This looks like a great house for an average tech guy.

  11. ss Says:

    SILICON VALLEY STOCKS HIT ALL-TIME HIGH 10 YEARS AGO TODAY

    SAN JOSE — Silicon Valley tech workers are reflecting on the dot-com bubble this morning.

    If it’s possible to measure enthusiasm, it was exactly 10 years ago that Silicon Valley hit its apex.

    It was a Friday, and the NASDAQ closed at 5,048.62, all all-time high.

    The Valley was flush with cash, the freeways were choked with young millionaires, and there was a sense that the Internet would change everything.

    By March 10, 2001, the value of the NASDAQ had been chopped in half, and more than 100,000 tech workers had lost their jobs.

    Their fate was impossible to see at the top of the bubble, where we stood just 10 years ago today.

    Today NASDAQ closed at 2,358.95 …

  12. SmilingCat Says:

    Nomadic – something like that. Get a liar loan under a false ID, make the payments as long as it’s useful to you, when you’re either found out or the Depression has made even drugs and illegal gun parts unprofitable, walk away.

    I’d put some inch thick Lexan in those windows and armor it up, can’t defend against an RPG from the street but you’ll be OK against the small stuff.

  13. RemodelNerd Says:

    Nice billboard in the back- check it out.

    http://www.bing.com/maps/default.aspx?cp=37.785187~-122.207642&style=b&dir=0&sp=Point.37.785187_-122.207642_2580%2038th%20Ave%2C%20Oakland%2C%20CA%2094601_%2499%2C000%203%20beds%2C%201.0%20bath


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