
Oakland, California 94621
This property presents a High-Potential Investment Opportunity with a List Price of $548,888—positioned well below the $506,123 Fair Market Value by -8%. While the home maintains a Condition Rating of 4, its 1922 vintage infrastructure and unfinished renovations offer significant upside for forced appreciation. The ability to divide the 1,368 sq ft layout into two units provides a strategic advantage for rental income. This is a value-add asset ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in the Oakland market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1181 60th Avenue Subject 3 bd · 2 ba · 1,368 sqft · $370 | $548,888* List Price | 3 | 2 | 1,368 | $370 | - |
A 1243 1243 62nd Ave Sold 2 bd · 1 ba · 1,152 sqft · $434 · 0.1 mi | $500,000 | 2 | 1 | 1,152 | $434 | 0.1 mi |
B 1137 Seminary Ave Sold 2 bd · 1 ba · 1,025 sqft · $415 · 0.1 mi | $425,000 | 2 | 1 | 1,025 | $415 | 0.1 mi |
C 6719 Eastlawn St Sold 3 bd · 1 ba · 1,014 sqft · $503 · 0.4 mi | $510,000 | 3 | 1 | 1,014 | $503 | 0.4 mi |
D 1021 72nd Ave Sold 2 bd · 2 ba · 1,332 sqft · $295 · 0.7 mi | $393,000 | 2 | 2 | 1,332 | $295 | 0.7 mi |
E 6001 Holway St Active 3 bd · 2 ba · 1,416 sqft · $282 · 0.5 mi | $399,000 List Price | 3 | 2 | 1,416 | $282 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen features recent updates like shaker-style cabinets and new countertops (<5 years), the property is over 100 years old (1922) and the renovation appears incomplete with missing appliances and unfinished wall/floor sections. The 'heating in each room' suggests a lack of central HVAC, and the overall condition indicates a need for minor repairs and modernization to match the age of the recent cosmetic updates.
The property offers the unique ability to be divided into two separate units, providing an excellent opportunity for house-hacking or generating rental income to offset mortgage costs.
The 1,368 sq ft floor plan includes three bedrooms, two full bathrooms, and a separate dining area, offering a practical and well-defined living space for families or tenants.
Priced at $548,888, this home serves as a relatively affordable entry point into the Oakland residential market compared to regional averages for three-bedroom homes.
The property was recently sold within the past year on 2026-04-29. The sold price is $400,000.00. The property was recently sold within the past year on 2026-04-29. The sold price is $315,000.00.
The property is served by schools with low performance ratings (ranging from 1 to 3), which may be a significant drawback for families and could impact long-term resale value.
Constructed in 1922, the home's age suggests potential needs for updates to major systems and general maintenance typical of century-old properties.
Located in Oakland, this 1,368 sq ft home features three bedrooms and two full bathrooms with stall showers. The kitchen is equipped with a gas cooktop, and a potential electric stove, providing a functional space for meal preparation. The living room includes a fireplace, offering a cozy focal point. Laundry facilities are available within the home. The dining area is separate, allowing for defined meal and gathering spaces. Heating in each room. The lot size is approximately 4,000 square feet. This property is within the Oakland Unified elementary school district. The property can be divided in 2 units rent one and live in one.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,368 | 1,591.405 |
| Lot Size | 4,000 | 5,033.821 |
| Price | $548.9K | $1.04M |
| Price per sq ft | $401 | $611 |
| Built year | 1922 | 1927 |
| HOA | $0 | $227 |
| Days on market | 11 | 36 |
Oct 13, 2026
$548,888
Initial Listing
Apr 29, 2026
$400,000
Public Record
Apr 29, 2026
$315,000
Public Record
Dec 15, 2011
$80,000
Public Record
Jun 4, 2010
$112,000
Public Record
May 25, 2005
$300,000
Public Record