480-square-foot home listed at $849,000 in Oakland Hills

[ballscout1]

OAKLAND, Calif. - A 480-square-foot home in the Oakland Hills comes with a list price of $849,000, according to Redfin.

The 0 bed/1 bath home located at 3800 Whittle Avenue sits on an 8,760-square-foot lot in the Dimond District. And if it's like other home sales in the Bay Area, there's a high probability it will go for more than asking.


At $1,769 per square foot, the value of the home might not be in the actual structure itself, but in the lot it's sitting on, according to the property's listing agent.

"The value is in the land and the house with utilities," writes agent David Eckert of Coldwell Banker. "Considerable upside on this property exists."

The agent describes that the existing structure would give a new homeowner access to all utilities, avoiding the vacant property tax if someone wanted to build new. The property sits in the middle of other multifamily properties, he said, offering potential to build more.

But market experts say they are seeing the Bay Area housing market cool down in recent months. A recent report said Northern California is cooling faster than anywhere else in the U.S. amid high mortgage rates and a faltering stock market.

480-square-foot home listed at $849,000 in Oakland Hills

Listed at $849,000, this 0 bed/1 bath home in the Oakland Hills hit the market in early October.

www.fox32chicago.com

 

[Dr. Truth]

Sensationalism to the max . You’re paying for the lot not the shack on it. That’s prime real estate land

 

[Jumbodicc]

Why they selling grandma house yo?

 

[Deezz]

That's a little slice of heaven.

 

[ScorpDiesel]

That crib better be surrounded by strips clubs open 24/7 of fine, phat ta def, disease-free redbone bitches giving me free pussy exclusively.

 

[DC_Dude]

Sensationalism to the max . You’re paying for the lot not the shack on it. That’s prime real estate land

Yeah I kinda figured that too....Location is KEY!

 

[ballscout1]

Sensationalism to the max . You’re paying for the lot not the shack on it. That’s prime real estate land

Yeah I kinda figured that too....Location is KEY!

The lot looks small as fuck and that location don't look special and neither do the surrounding homes.

Time to find out if my mothers people still living and still have their houses, they must be worth millions

 

[Mrfreddygoodbud]

Sheeet thats perfect for a healthy senior citizen,

when you get in your seventies and eighties aint nobody

tryin to walk a big fuckin courtyard, to get to his home

and gotta walk another fuckin three blocks IN YOUR OWN HOUSE

just to get to the bathroom..

I dont know how solo kniggas live in anything over 10,000 square feet,

thats just a waste of space...and fuckin energy..

Now if you had a big family, or you constantly was enterataing folks

understandable, but fo the average single life dolo dude that did pretty well in life..

its a bit much an gets tired fast...

A nice two to three thousand sq ft waay more than enough for one

knigga!!

 

[Entrepronegro]

It will probably end up selling for around $1.2M

 

[havelcok]

Can’t build shit on that lot
unless you want a very narrow house

 

[Dr. Truth]

The lot looks small as fuck and that location don't look special and neither do the surrounding homes.

Time to find out if my mothers people still living and still have their houses, they must be worth millions

Y’all used to them new shoddy built mega mansions and shit . Oakland houses are old many built in the 1800’s. You can move the house up and build back. They not showing the actual width up close . Here. You can build a nice sized home on this lot and you’re in a good area of Oakland close to Skyline Highschool which is a good high school. Gary Payton, Tom Hanks and mad people went there.

 

[ballscout1]

Y’all used to them new shoddy built mega mansions and shit . Oakland houses are old many built in the 1800’s. You can move the house up and build back. They not showing the actual width up close . Here. You can build a nice sized home on this lot and you’re in a good area of Oakland close to Skyline Highschool which is a good high school. Gary Payton, Tom Hanks and mad people went there.

Dude I am familiar with Oakland, I used to spend summers there. My mothers family was part of the Louisiana migration.

I also ain't no youngster and am familiar with the difference between how homes are buit now as opposed to whe I was growing up.

And that lot ain\t worth a million no matter how you slice it.

Y'all let them crakkas move into the bay area and their dotcom silicon valley bullshit and raise the prices.

And it ain't cause of no view , all those properties are overpriced. Which is why I said lemme go through my mothers address book and see if any are still around (living) and still have their homes cause they would sell for millions today.

 

[tallblacknyc]

If You had to choose to live in either spot for the next 10 yrs which would you choose? That house or this Brooklyn loft

3:47 mark

 

[Dr. Truth]

Dude I am familiar with Oakland, I used to spend summers there. My mothers family was part of the Louisiana migration.

I also ain't no youngster and am familiar with the difference between how homes are buit now as opposed to whe I was growing up.

And that lot ain\t worth a million no matter how you slice it.

Y'all let them crakkas move into the bay area and their dotcom silicon valley bullshit and raise the prices.

And it ain't cause of no view , all those properties are overpriced. Which is why I said lemme go through my mothers address book and see if any are still around (living) and still have their homes cause they would sell for millions today.

Overpriced to whom? The entire State is mad expensive and always has been higher than the rest of the country. COL here is high for a reason.

 

[Dr. Truth]

If You had to choose to live in either spot for the next 10 yrs which would you choose? That house or this Brooklyn loft

3:47 mark

Stereotypical hipster Cacs living in BK. Of course he’s a DJ/Producer SMFH. Disgusting. 6k a month to rent is expensive. A million dollar mortgage is a little over 5K

 

[Heavenlywings77]

people justifying it in here. This is why they can do these things.

 

[Da Backshot Champ]

They got a nerve to sell this fucking shack? I would buy this and turn it into a fucking Section 8 hut.

 

[ballscout1]

Overpriced to whom? The entire State is mad expensive and always has been higher than the rest of the country. COL here is high for a reason.

I agree with it being expensive but this is ridiculous

Overpriced for what the original purchase price was.

My first house in NY was 85k.

I looked after moving and it was almost 400k.

gentrification..plays a part.

San Fran was expensive cause that shit built in a mountain and they had no more room to build.

Oakland and Hayward was nowhere close.

Sure the value is set by what a mofokr is willing to pay that isn't what I am referring too.

 

[Dr. Truth]

I agree with it being expensive but this is ridiculous

Overpriced for what the original purchase price was.

My first house in NY was 85k.

I looked after moving and it was almost 400k.

gentrification..plays a part.

San Fran was expensive cause that shit built in a mountain and they had no more room to build.

Oakland and Hayward was nowhere close.

Sure the value is set by what a mofokr is willing to pay that isn't what I am referring too.

Where in NY and what year?

 

[KINGSAPIO]

If You had to choose to live in either spot for the next 10 yrs which would you choose? That house or this Brooklyn loft

3:47 mark

I just KNEW this was in Brooklyn (Bedstuy, Bushwick, or Willamsburg)

 

[trstar]

Overpriced tear down

 

[ballscout1]

Where in NY and what year?

White Plains is where I purchased it.

I left in 1999 and looked at the prices in around 2003....Just looking everywhere I have lived.

.I looked in Poughkeepsie a few months back and that city is a dumb with high crime and high unemployment and prices there are crazy too.

This is because the prices in NYC and Westchester and orange and Rockland counties have gone stupid and mofokrs who making 6 figures are living paycheck to paycheck. So anywhere that is a Metro-North hub prices going crazy because they can overpay for the area but its way cheaper than in the city.

 

[APOPHIS]

"Only in America!"

-Don King

 

[jack walsh13]

 

[DJ]

White Plains is where I purchased it.

I left in 1999 and looked at the prices in around 2003....Just looking everywhere I have lived.

.I looked in Poughkeepsie a few months back and that city is a dumb with high crime and high unemployment and prices there are crazy too.

This is because the prices in NYC and Westchester and orange and Rockland counties have gone stupid and mofokrs who making 6 figures are living paycheck to paycheck. So anywhere that is a Metro-North hub prices going crazy because they can overpay for the area but its way cheaper than in the city.

I like white plains, I just did couple projects right on the water. It's really nice there. I got projects in poughkippsie as well right on the river. Inner poughkippsie is really nice, like a nice little quaint city.

Bay area is a whole different animal. My last condo in Millennium tower sold for 2.2 mil, at 1500 at square feet. My 2 br on the bay right now is 5700 a month, and my company is about to move me to the four seasons residences into another condo that is going for 1.6 mil at 1400 Square feet. I tell people all the time and @Dr. Truth isn't telling any tails about the cost of living in the bay. It's a whole free space, but you gonna pay for ur freedom.

 

[DJ]

I agree with it being expensive but this is ridiculous

Overpriced for what the original purchase price was.

My first house in NY was 85k.

I looked after moving and it was almost 400k.

gentrification..plays a part.

San Fran was expensive cause that shit built in a mountain and they had no more room to build.

Oakland and Hayward was nowhere close.

Sure the value is set by what a mofokr is willing to pay that isn't what I am referring too.

I m lost u at Hayward.
You clearly don't know what u talking about.
I wouldn't let my dog live in hayward.