
Oakland, California 94621
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $499,950—positioned slightly above the $494,282 Fair Market Value. While the property is priced at market, its Condition Rating of 3 reflects recent cosmetic updates, including new flooring and paint, providing a move-in ready foundation. The inclusion of a bonus room and private rear yard maximizes the 1,025 sqft footprint. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a centrally located, low-maintenance property near the 580 freeway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1137 Seminary Ave Subject | $480,000* List Price | 2 | 1 | 1,025 | $479 | - |
A 1604 57th Ave Sold | $480,000 | 2 | 1 | 876 | $548 | 0.4 mi |
B 1433 1433 56th Ave Sold | $535,000 | 3 | 2 | 1,080 | $495 | 0.4 mi |
C 1700 64th Ave Sold | $450,000 | 2 | 1 | 1,028 | $438 | 0.6 mi |
D 1118 75th Ave Sold | $437,000 | 2 | 1 | 820 | $533 | 0.9 mi |
E 6719 Eastlawn St Pending | $510,000 List Price | 3 | 1 | 1,014 | $503 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1947, the property has undergone a significant cosmetic refresh including new wide-plank flooring, fresh interior and exterior paint, and updated lighting fixtures. The home appears move-in ready and well-maintained, consistent with a 5-15 year renovation profile, though the original 1940s structure and windows suggest it does not quite meet the 'Excellent' criteria for a full modern rebuild.
The inclusion of a dedicated bonus room and an attached garage provides exceptional flexibility for a home office, storage, or creative studio, maximizing the utility of the 1,025 sqft footprint.
The property features a private rear yard on a 3,500 sqft lot, offering a rare urban retreat ideal for gardening, relaxation, or hosting guests.
Situated with easy access to the 580 freeway and public transportation, this home is perfectly positioned for professionals seeking a convenient commute within the Bay Area.
The assigned public schools carry low ratings (ranging from 1 to 3), which may be a significant drawback for families and could impact long-term resale value.
Built in 1947, the property likely requires modernization of core systems and finishes to meet contemporary standards, necessitating additional upfront capital investment.
Great Opportunity with EASY FINANCING Available! Don't miss this spacious single-level 2-bedroom, 1-bath home featuring a bright, open floor plan and a welcoming dining area perfect for family meals and entertaining. Enjoy a versatile bonus room ideal for a home office, hobby space, or extra storage. The rear yard offers plenty of room for outdoor dining, gardening, or relaxing, while the 1-car attached garage adds convenience. Perfect for first-time buyers or investors seeking a solid property with great potential. Conveniently located near I-580, schools, shopping, public transportation, and local amenities. EASY TO SHOW!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,025 | 1,587.5 |
| Lot Size | 3,500 | 5,000 |
| Price | $480.0K | $1.06M |
| Price per sq ft | $468 | $623 |
| Built year | 1947 | 1928 |
| HOA | $0 | $338 |
| Days on market | 75 | 35 |
Jun 27, 2026
$480,000
$499,950
-4% Price Drop
Initial Listing
May 8, 2026
$499,950
Initial Listing
Feb 26, 2010
$83,000
Public Record
Jun 3, 2003
$230,000
Public Record