1044 86th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
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1044 86th Ave
Oakland, California 94621
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,004Sq Ft
3,250Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$485,913
7% BelowMARKET VALUE
SUMMARY
This Renovated Bungalow is a Strong Value Opportunity, listed at $449,000—positioned well below the $485,913 Fair Market Value by 7%. This valuation gap offers $36,913 in Instant Equity. Featuring a Mint Condition Rating following a 2023 renovation, the home includes a modern kitchen, new plumbing, and a large deck with ADU potential in the basement. While local school ratings are modest, the property’s turnkey status and price point make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$485,913+$36,913 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 |
|---|---|---|---|---|---|---|
★ 1044 86th Ave Subject | $449,000* List Price | 2 | 1 | 1,004 | $484 | - |
A 2000 82nd Sold | $487,700 | 2 | 1 | 1,022 | $477 | 0.8 mi |
B 1272 83rd Ave Sold | $500,000 | 2 | 1 | 942 | $531 | 0.3 mi |
C 7808 Weld St Sold | $560,000 | 3 | 1 | 1,118 | $501 | 0.7 mi |
D 1118 75th Ave Sold | $437,000 | 2 | 1 | 820 | $533 | 0.6 mi |
E 1557 79th Avenue Sold | $540,000 | 3 | 1 | 1,012 | $534 | 0.6 mi |
F 6719 Eastlawn St Sold | $510,000 | 3 | 1 | 1,014 | $503 | 1.0 mi |
G 1112 82nd Ave Active | $407,000 List Price | 2 | 1 | 849 | $479 | 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 underwent a comprehensive renovation in 2023, including a new roof, windows, plumbing, kitchen, and bathroom. The interior features modern shaker cabinets, quartz countertops, stainless steel appliances, and updated flooring. Since the renovation is less than 5 years old and covers major systems and surfaces, it qualifies as mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive 2023 Renovation
The property underwent a full renovation in 2023, including a new roof, windows, plumbing, and modern kitchen and bathroom updates, providing a move-in-ready experience with reduced maintenance costs.
- Value-Add ADU Potential
The basement offers significant potential for conversion into an Accessory Dwelling Unit (ADU) or additional living space, allowing for future equity growth or rental income opportunities.
- Indoor-Outdoor Flow
The layout features a bright, inviting interior that opens to a large deck and spacious backyard, maximizing the usable square footage and enhancing the home's appeal for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1004, other record living area = 672. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Underperforming School District
The majority of assigned local schools carry low ratings (1-2 out of 10), which may deter families and negatively impact long-term property appreciation.
- Market Value Volatility
The property is currently listed at $449,000, which is nearly $100,000 less than its October 2023 sale price of $545,000, indicating significant localized market depreciation or a distressed pricing strategy.
About 1044 86th Ave
Get ready to fall in love with this beautifully updated bungalow! The bright and inviting layout opens to a large deck and spacious backyard, creating an easy indoor-outdoor feel. The basement offers potential for a future ADU or additional living space. Renovated in 2023 with a new roof, windows, flooring, kitchen, bathroom, plumbing, and more! Don’t miss your chance to make this beautiful home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 3,250 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
New Highland Academy
Grades K-5 • 0.2 mi
1/10
Rise Community School
Grades K-5 • 0.2 mi
2/10
Acorn Woodland Elementary School
Grades K-5 • 0.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,004 | 1,630.086 |
| Lot Size | 3,250 | 5,044.686 |
| Price | $449.0K | $1.05M |
| Price per sq ft | $447 | $618 |
| Built year | 1910 | 1927 |
| HOA | $0 | $265 |
| Days on market | 37 | 37 |
Pricing History
Listed for Sale
Aug 3, 2026
$449,000
Initial Listing
Sold
Oct 11, 2023
$545,000
Public Record
Sold
May 15, 2023
$275,000
Public Record
Sold
Feb 13, 2015
$130,000
Public Record