
Oakland, California 94601
This newly renovated contemporary home represents a Strong Value Opportunity, listed at $540,000—positioned above the $514,460 Fair Market Value. While the price reflects a premium, the property features a complete modern renovation including a new foundation and all-new interior components, earning it a Mint Condition Rating. The open-concept layout and functional flex room maximize the 850-square-foot footprint. This is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, low-maintenance residence in an accessible East Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1306 53rd Avenue Subject | $540,000* List Price | 2 | 1 | 850 | $605 | - |
A 1838 1838 40th Sold | $400,000 | 2 | 1 | 612 | $654 | 0.9 mi |
B 1954 48th Ave Sold | $490,000 | 2 | 1 | 1,060 | $462 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a newly renovated contemporary home with a new foundation and all-new interior components. As a complete renovation under 5 years old in mint condition, it requires no maintenance.
The property features a complete contemporary overhaul including a new foundation and all-new interior components, offering the peace of mind of new construction within a classic 1906 frame.
The inclusion of an open-concept layout and a dedicated flex room with laundry hook-ups maximizes the utility of the 850-square-foot floor plan for modern living.
With the listing explicitly noting a motivated seller, buyers may have increased leverage to negotiate price or closing concessions in a competitive market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 850, other record living area = 769.
At only 850 square feet, the home's small footprint may limit its appeal to growing families or buyers requiring significant storage and larger room dimensions.
The local schools assigned to this address currently hold low performance ratings (ranging from 1 to 3), which could impact long-term resale value and appeal to education-focused buyers.
This is a newly renovated contemporary home within the heart of East Oakland. This renovation consisted of installing a new foundation, open concept living space, with an additional flex room added with laundry hook-ups, all items in the home are brand new. Seller motivated!
No exterior & parking available.
Grades 6-8 • 0.8 mi
Grades PK-8 • 1.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 850 | 1,630.086 |
| Lot Size | 2,850 | 5,044.686 |
| Price | $540.0K | $1.05M |
| Price per sq ft | $635 | $618 |
| Built year | 1906 | 1927 |
| HOA | $0 | $265 |
| Days on market | 22 | 37 |
Aug 18, 2026
$540,000
Initial Listing
Sep 29, 2023
$275,000
Public Record