
Oakland, California 94601
This Fruitvale Value-Add Asset is a High-Potential Investment Opportunity listed at $395,000, positioned near its $383,253 Fair Market Value. While currently in Poor Condition with significant deferred maintenance, the property features a newer roof and a versatile corner-lot layout. The detached garage and basement offer substantial upside for forced appreciation, complemented by access to Lincoln Middle School (9/10). Located near BART and major freeways, this project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-reward renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1201 41st Ave Subject | $370,000* List Price | 2 | 1 | 1,127 | $305 | - |
A 2030 2030 42nd Ave Sold | $276,000 | 2 | 1 | 910 | $303 | 0.5 mi |
B 1345 53rd Ave Active | $349,000 List Price | 2 | 2 | 1,232 | $283 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1909, this property shows significant deferred maintenance and requires substantial rehabilitation. The interior features heavily stained and worn carpeting, peeling paint, and an outdated, primitive kitchen with old appliances and worn cabinetry. While the listing mentions a newer roof, the overall condition of the living spaces, including the weathered exterior and aged fixtures, indicates the home needs a complete overhaul to meet modern living standards.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The corner-lot positioning, detached garage, and basement provide a versatile canvas for expansion, ADU conversion, or house-hacking strategies to maximize equity.
Conveniently located near BART, major freeways, and public transit, this property offers excellent accessibility for Bay Area professionals and commuters.
Built in 1909, the home likely requires significant interior updates and system overhauls to meet modern living standards and buyer expectations.
The majority of the immediate neighborhood public schools have low performance ratings, which may limit the property's appeal to families prioritizing education.
This corner-lot property offers strong potential for buyers ready to add value. Featuring two spacious bedrooms, a formal living room, formal dining room, a tiled kitchen, and one tiled bath, the home provides a solid layout to build on. Recent improvements include a newer roof. Additional storage is available in the basement and detached garage. Ideal for first-time buyers, investors, or those considering house hacking, with possibilities for expansion or reconfiguring the garage space (buyer to verify). Conveniently located near BART, public transportation, freeways, restaurants, and shops.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,127 | 1,327 | 32% |
| Lot Size | 2,755 | 4,375 | 15% |
| Price | $370.0K | $565.0K | 11% |
| Price per sq ft | $328 | $407 | 23% |
| Built year | 1909 | 1921 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 187 | 2% |
Apr 17, 2026
$370,000
$395,000
-6% Price Drop
Initial Listing
Mar 30, 2026
$395,000
Initial Listing