
Oakland, California 94621
This Move-In Ready Starter Home is a Strong Value Opportunity, listed at $407,000—positioned well below the $438,014 Fair Market Value by 7%. This valuation gap offers $31,014 in Instant Equity for the buyer. Featuring a new kitchen and bath and a large backyard, the property maintains a Condition Rating of 2, ensuring it meets FHA requirements. This home balances financial accessibility with immediate comfort, making it an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1112 82nd Ave Subject | $407,000* List Price | 2 | 1 | 849 | $516 | - |
A 2000 82nd Sold | $487,700 | 2 | 1 | 1,022 | $477 | 0.7 mi |
B 1957 1957 69th Sold | $510,000 | 2 | 1 | 1,072 | $476 | 0.8 mi |
C 1058 71st Ave Active | $399,000 List Price | 2 | 1 | 815 | $490 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1925, the property has undergone a recent renovation including a new kitchen and bathroom, fresh paint, and new flooring. It is described as move-in ready and clean enough to pass FHA requirements, fitting the <5 year renovation criteria.
The property features a newly updated kitchen and bathroom, providing a fresh, move-in-ready environment that minimizes immediate renovation costs for the buyer.
Maintained in super clean condition and noted to likely pass FHA lender requirements, this home is an ideal and accessible entry point for first-time homebuyers.
Despite the urban setting, the property includes a large backyard suitable for gardening and recreation, offering valuable private outdoor utility.
With only 849 square feet of living space, the home's small footprint may feel restrictive for growing families or those requiring a home office.
Originally constructed in 1925, the property may have aging underlying systems typical of century-old homes that could require future maintenance beyond the recent cosmetic updates.
Cute House with extra room. New Kitchen and bath. Updated a bit and ready to move in. Super clean. Big back yard for your garden. Excellent Starter home! Should pass FHA lender requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 849 | 1,630.086 |
| Lot Size | 2,770 | 5,044.686 |
| Price | $407.0K | $1.05M |
| Price per sq ft | $479 | $618 |
| Built year | 1925 | 1927 |
| HOA | $0 | $265 |
| Days on market | 50 | 37 |
Jul 21, 2026
$407,000
Initial Listing
Feb 23, 1996
$28,000
Public Record