
Oakland, California 94621
This Renovated Dual-Unit Residence is a High-Potential Investment Opportunity, listed at $485,000—positioned well below the $501,047 Fair Market Value by 3%. This valuation gap provides $16,047 in Instant Equity. Boasting an Excellent Condition Rating, the property features a main three-bedroom home and a detached two-bedroom unit, both updated with marble-look countertops and contemporary fixtures. While the single-bathroom layout and local school ratings require consideration, the income-generating potential and secure three-car parking offer significant utility. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1130 1130 61st Ave Subject | $485,000* List Price | 5 | 1 | 1,236 | $392 | - |
A 1433 1433 56th Ave Sold | $535,000 | 3 | 2 | 1,080 | $495 | 0.4 mi |
B 1321 60th Ave Sold | $544,000 | 3 | 2 | 1,205 | $451 | 0.2 mi |
C 1127 60th Ave Sold | $520,000 | 4 | 2 | 1,459 | $356 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that meets modern quality standards. The kitchen features new contemporary cabinetry, marble-look countertops, and a new stove, while the bathroom is fully updated with a rainfall showerhead and modern vanity. With new flooring, fresh paint, and updated fixtures throughout both the main house and the detached unit, the home is in turnkey condition with no apparent deferred maintenance.
The property features a main three-bedroom residence plus a detached two-bedroom unit, providing a rare opportunity for significant rental income or multi-generational living.
Extensively updated with contemporary finishes, including marble-look countertops, sleek black fixtures, and a rainfall shower, offering a stylish, move-in-ready experience.
The fenced yard provides private parking for up to three vehicles, a highly desirable and practical asset in a dense urban Oakland neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1236, other record living area = 640. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
With five total bedrooms across two units but only one bathroom listed, the property may face functional limitations for larger households or multiple tenants.
The assigned public schools for this location have ratings ranging from 1 to 3, which may be a concern for families prioritizing educational performance.
RARE COURT LOCATION-Extensively renovated with updated finishes, this Oakland gem offers both a stylish primary residence and valuable income potential through its detached two room structure with genuine ADU potential, CO-Living or House Hacking. The main house showcases a thoughtfully updated interior with new features throughout, including contemporary white cabinetry, marble-look countertops, and sleek black fixtures. The open-concept layout maximizes the living space, while new flooring and fresh paint create a bright, welcoming atmosphere. The kitchen features a new black stove & ample storage. Three bedrooms in the main house provide flexible living spaces, while the fully renovated bathroom boasts an updated vanity and rainfall shower head. The detached two room structure presents an excellent opportunity for rental income or extended family living. Located in a vibrant Oakland neighborhood, this property offers easy access to downtown, local amenities, and major transportation routes to Berkeley and San Francisco. The fenced yard delivers private parking for 3+ cars — a genuine premium in this market. The Lockwood-Tevis location puts you close to shopping, dining, and public transit without sacrificing the privacy a fenced lot provides. With approximately 1,000 sq ft of total living space in the main house, plus the additional detached structure (additional 200 sq ft) this property delivers Turnkey today. Income-generating tomorrow. Opportunities like this don't wait. Make an offer today!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,236 | 1,170 | 62% |
| Lot Size | 3,000 | 4,000 | 8% |
| Price | $485.0K | $510.0K | 40% |
| Price per sq ft | $392 | $436 | 34% |
| Built year | 1916 | 1925 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 191 | 32% |
Feb 20, 2026
$485,000
Initial Listing
Feb 3, 2025
$40,000
Public Record
Oct 30, 2024
$365,000
Public Record