1017 56th St, Oakland, California 94608, Oakland, 94608 - 3 bed, 2 bath
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1017 56th St
Oakland, California 94608
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,238Sq Ft
3,640Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$987,088
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $949,000—positioned well below the $984,337 Fair Market Value by 3%. This valuation gap offers $35,337 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with extensive infrastructure upgrades, including new electrical and plumbing, this home offers modern reliability. Located near transit and diverse school options, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Estimated Market Value
$987,088+$38,088 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1017 56th St Subject | $949,000* List Price | 3 | 2 | 1,238 | $797 | - |
A 5521 Fremont St Sold | $1,120,000 | 3 | 2 | 1,322 | $847 | 0.3 mi |
B 5534 Adeline Sold | $858,000 | 3 | 1 | 1,206 | $711 | 0.2 mi |
C 852 46th St Sold | $830,000 | 2 | 2 | 1,188 | $699 | 0.5 mi |
D 1072 57th St Sold | $854,000 | 2 | 2 | 1,149 | $743 | 0.2 mi |
E 975 975 55 St Sold | $1,200,000 | 3 | 3 | 1,387 | $865 | 0.1 mi |
F 1165 64th Street Sold | $910,000 | 2 | 2 | 1,004 | $906 | 0.6 mi |
G 5216 Market St Sold | $875,000 | 2 | 2 | 1,068 | $819 | 0.3 mi |
H 970 39th St Sold | $915,000 | 2 | 1 | 1,241 | $737 | 0.6 mi |
I 965 Arlington Ave Active | $730,000 List Price | 3 | 3 | 1,342 | $544 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone an extensive 'inside out' renovation within the last 5 years. Key system upgrades include a new roof, replacement of knob-and-tube wiring with a modern electrical panel, and new water/gas piping. The kitchen and bathrooms are fully modernized with quartz countertops and stainless appliances, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Infrastructure Modernization
The property has undergone significant structural and system upgrades, including a new roof, modern electrical wiring to replace knob-and-tube, and new water and gas piping, providing the reliability of a newer home.
- High-End Interior Remodel
The interior features a thoughtfully reimagined kitchen with quartz countertops and stainless steel appliances, complemented by renovated bathrooms and preserved character details like high ceilings and crown molding.
- Strategic Commuter Location
Situated in the Gaskill neighborhood near the Berkeley and Emeryville borders, the home offers excellent proximity to major transit routes, shopping, and dining hubs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-17. The sold price is $520,000.00.
- Compact Living Space
With 1,238 square feet distributed across three bedrooms, the interior footprint is relatively modest, which may feel restrictive for buyers seeking larger communal living areas.
About 1017 56th St
More than a cosmetic renovation, this property has been updated throughout under architectural guidance. Natural light fills the inviting three-bedroom, two-bath layout, where high ceilings, hardwood flooring, crown molding, and refined finishes create a warm, welcoming atmosphere. The remodeled kitchen features quartz countertops, soft-close cabinetry, stainless steel appliances, and an eat-in dining area. Additional updates provide comfort and peace of mind, including brand-new electrical and plumbing systems, new roof, insulation, drywall, and fresh interior and exterior paint. Situated on a 3,640± sq. ft. lot, the property extends outdoors with a covered front porch, fenced yard, low-maintenance landscaping, and a gazebo, perfect for relaxing and entertaining. Conveniently located in North Oakland near the Berkeley and Emeryville borders, 1017 56th Street offers easy access to shopping, dining, parks, transit, and major commute routes. From the outdoor spaces to the well-lit interiors, this home blends timeless character with modern comfort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 3,640 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Malcolm X Elementary School
Grades K-5 • 0.9 mi
6/10
Sankofa Academy
Grades PK-5 • 1.0 mi
1/10
Hoover Elementary School
Grades K-5 • 1.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,238 | 1,630.086 |
| Lot Size | 3,640 | 5,044.686 |
| Price | $949.0K | $1.05M |
| Price per sq ft | $767 | $618 |
| Built year | 1910 | 1927 |
| HOA | $0 | $265 |
| Days on market | 49 | 37 |
Pricing History
Listed for Sale
Jul 22, 2026
$949,000
Initial Listing
Sold
Oct 17, 2025
$520,000
Public Record