11233 Monan St, Oakland, California 94605, Oakland, 94605 - 4 bed, 3 bath
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11233 Monan St
Oakland, California 94605
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,654Sq Ft
27,497Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$1,128,482
11% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,228,915 Fair Market Value by 2%. This valuation gap offers $28,915 in Instant Equity. Featuring a Condition Rating of 4, the home requires cosmetic modernization, yet its 0.63-acre lot and panoramic views provide significant upside. With ADU expansion potential and a quiet, hillside setting, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation.
Estimated Market Value
$1,128,482+$128,482 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964 and held by the same owner for over 50 years, the property is well-maintained but significantly dated. While essential systems like the furnace and water heater have been updated, the kitchen and bathrooms feature older oak cabinetry and tile countertops that exceed the 20-30 year threshold for modern standards, necessitating cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27497, living area = 2654.
- Panoramic Natural Views
The property offers breathtaking, unobstructed views of the Lake Chabot golf course, valleys, and ridgelines of Anthony Chabot Regional Park, significantly enhancing its aesthetic appeal and market value.
- Expansive Lot & ADU Potential
Situated on a rare 0.63-acre lot, the property includes an oversized garage with bonus rooms that provide a perfect footprint for ADU expansion, a home office, or a private gym.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Significant Renovation Required
Offered for the first time in over 51 years, the home is in largely original condition and will likely require a substantial investment in modernizing the interior and systems.
- Low-Rated Local Schools
The property is served by public schools with low performance ratings, such as Grass Valley Elementary and Fremont High, which may be a concern for families prioritizing education.
About 11233 Monan St
First time on the market in over 51 years. This sun-drenched Chabot Park Highlands Estates home is a rare find and ready for its next owner's vision! Nestled on a large quiet upslope lot with soaring panoramic views of the Lake Chabot golf course, valleys, and ridgelines of Anthony Chabot Regional Park make this the ideal property for gatherings of friends and family. The home sits on an expansive 0.63-acre lot framed by a tree-studded hillside—a perfect canvas for your grand vision. The amazing layout provides for a large living room with amazing views. Kitchen, dining room and den with access out to the patios from all spaces to enjoy evening drinks and meals. In addition the home has a large primary bedroom with en-suite bathroom & its own private deck overlooking the valleys below. The upper floor also boasts 2 large bedrooms and a shared hallway bathroom. Step through sliding doors from the kitchen and dining areas onto a private outdoor oasis designed for al fresco dining, gardening, and entertaining. Large level area is perfect for family, pets and outdoor activities. Large upslope lot still allows for many areas to garden and develop as one sees best. Extra bonus lot area at the upper level would be perfect for a detached ADU. Leading down the light filled stairwell provides access to the lower level bedroom, bathroom, laundry area, and interior access to the 2 car garage. The oversized garage provides side-by-side parking for 2 cars, an Emporia electric car charger, and two additional bonus rooms that could be used for an ADU expansion, home office, gym, hobby space, or storage. The comfortable layout features two indoor gas fireplaces & an indoor BBQ, making it an exceptional space for family living and hosting. A sweeping driveway provides abundant parking and seclusion up and away from the street below. Upgrades include newer furnace, 50 gallon water heater, Emporia dedicated car charger, secured pergolas, and a large level turfed area. Enjoy ultimate convenience just minutes from Charlie May Coffee & Tea, Lake Chabot, Sequoia Country Club, downtown Oakland, and all of the trails within the regional parks. Truly a once-in-a-lifetime opportunity and this gem is ready for its new owner! Views: Ridge
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 27,497 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245.0 / Month
Neighborhood Insights
Oakland Unified Schools
Grass Valley Elementary School
Grades K-5 • 0.3 mi
2/10
Roosevelt Elementary School
Grades K-5 • 1.4 mi
6/10
Vannoy Elementary School
Grades K-5 • 4.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,654 | 1,591.405 |
| Lot Size | 27,497 | 5,033.821 |
| Price | $1.00M | $1.04M |
| Price per sq ft | $377 | $611 |
| Built year | 1964 | 1927 |
| HOA | $245.0 | $227 |
| Days on market | 52 | 36 |
Pricing History
Listed for Sale
Oct 10, 2026
$1,000,000
$1,200,000
-17% Price Drop
Initial Listing
Price Change
Sep 2, 2026
$1,200,000
Initial Listing