
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 | $499,950* List Price | 2 | 1 | 1,025 | $482 | - |
A 1604 57th Ave Sold | $480,000 | 2 | 1 | 876 | $548 | 0.4 mi |
B 1700 64th Ave Sold | $450,000 | 2 | 1 | 1,028 | $438 | 0.6 mi |
C 1433 1433 56th Ave Sold | $535,000 | 3 | 2 | 1,080 | $495 | 0.4 mi |
D 1321 60th Ave Sold | $544,000 | 3 | 2 | 1,205 | $451 | 0.3 mi |
E 6719 Eastlawn St Active | $525,000 List Price | 3 | 1 | 1,014 | $518 | 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! EASY FINANCING! Don’t miss this spacious 2-bedroom, 1-bath single-level home featuring a bright and open layout, plus a rear yard ideal for relaxing or entertaining. Additional features include a 1-car attached garage and a bonus room offering extra flexibility for storage, office space, or hobbies. Perfect for first-time buyers or investors seeking a solid property with outdoor space and convenient parking. Centrally located near the 580 freeway with easy access to schools, transportation, shopping, and local amenities.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,025 | 1,160.5 | 30% |
| Lot Size | 3,500 | 4,000 | 24% |
| Price | $499.9K | $510.0K | 44% |
| Price per sq ft | $488 | $445 | 60% |
| Built year | 1947 | 1925 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 191 | 2% |
May 8, 2026
$499,950
Initial Listing
Feb 26, 2010
$83,000
Public Record
Jun 3, 2003
$230,000
Public Record