
Oakland, California 94608
This property presents a Strong Value Opportunity with a List Price of $850,000—positioned well below the $779,037 Fair Market Value by -9%. While the Condition Rating of 5 necessitates a full rehab, the 5-bedroom layout and attached studio unit offer significant Buy-and-Hold Investors a clear path to maximizing rental income. Located near the Berkeley border, this asset provides a strategic foundation for Contractors or experienced renovators to capture value through modernization in a high-demand urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1161 64th St Subject 5 bd · 3 ba · 1,783 sqft · $437 | $850,000* List Price | 5 | 3 | 1,783 | $437 | - |
A 979 Grace Ave Sold 4 bd · 2 ba · 1,907 sqft · $341 · 0.5 mi | $650,000 | 4 | 2 | 1,907 | $341 | 0.5 mi |
B 1025 55th St Sold 3 bd · 1 ba · 1,382 sqft · $488 · 0.6 mi | $675,000 | 3 | 1 | 1,382 | $488 | 0.6 mi |
C 1028 61st St Sold 0 bd · 0 ba · 2,236 sqft · $414 · 0.3 mi | $925,000 | 0 | 0 | 2,236 | $414 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this property is a clear fixer-upper as indicated by the agent's description to 'turn this beauty around.' The kitchen features dated tile and missing cabinet doors, while the bathrooms show signs of unfinished or poor-quality DIY renovations, including exposed plumbing and unsealed transitions, necessitating a full rehab.
The property includes an attached studio unit at the rear, providing an excellent opportunity for supplemental rental income or a private guest suite.
Situated on the Berkeley border near Emeryville, the home is located in a highly sought-after neighborhood known for its proximity to major employment hubs and urban amenities.
With 5 bedrooms and 3 bathrooms across 1,783 square feet, the residence offers a high room count that is ideal for large families or high-density rental strategies.
The property requires significant renovation and 'imagination' to restore, indicating that substantial additional capital will be needed for repairs and modernization.
Built in 1922, the home likely possesses aging systems such as electrical, plumbing, and foundation that may not meet modern standards and could be costly to upgrade.
Do not let this opportunity pass you buy. Bring your imagination and turn this beauty around. Large home in a nice desirable sot after neighborhood Berkeley boarder. Features a Studio unit attached to rear, possible additional income.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,783 | 1,591.405 |
| Lot Size | 5,029 | 5,033.821 |
| Price | $850.0K | $1.04M |
| Price per sq ft | $477 | $611 |
| Built year | 1922 | 1927 |
| HOA | $0 | $227 |
| Days on market | 11 | 36 |
Oct 13, 2026
$850,000
Initial Listing