
Oakland, California 94621
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1044 86th Ave Subject 2 bd · 1 ba · 1,004 sqft · $447 | $449,000* List Price | 2 | 1 | 1,004 | $447 | - |
A 1456 86th Ave Sold 2 bd · 1 ba · 1,087 sqft · $483 · 0.4 mi | $525,000 | 2 | 1 | 1,087 | $483 | 0.4 mi |
B 1709 Auseon Ave Sold 2 bd · 1 ba · 1,000 sqft · $500 · 0.6 mi | $500,000 | 2 | 1 | 1,000 | $500 | 0.6 mi |
C 2000 82nd Sold 2 bd · 1 ba · 1,022 sqft · $477 · 0.8 mi | $487,700 | 2 | 1 | 1,022 | $477 | 0.8 mi |
D 1510 67th Ave Sold 2 bd · 1 ba · 862 sqft · $557 · 1.0 mi | $480,000 | 2 | 1 | 862 | $557 | 1.0 mi |
E 1118 75th Ave Sold 2 bd · 1 ba · 820 sqft · $533 · 0.6 mi | $437,000 | 2 | 1 | 820 | $533 | 0.6 mi |
F 1106 88th Ave Pending 3 bd · 2 ba · 1,018 sqft · $392 · 0.1 mi | $399,000 List Price | 3 | 2 | 1,018 | $392 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
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!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,004 | 1,591.405 |
| Lot Size | 3,250 | 5,033.821 |
| Price | $449.0K | $1.04M |
| Price per sq ft | $447 | $611 |
| Built year | 1910 | 1927 |
| HOA | $0 | $227 |
| Days on market | 82 | 36 |
Aug 3, 2026
$449,000
Initial Listing
Oct 11, 2023
$545,000
Public Record
May 15, 2023
$275,000
Public Record
Feb 13, 2015
$130,000
Public Record