1363 61st Ave, Oakland, California 94621, Oakland, 94621 - 3 bed, 2 bath
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Oakland, California 94621
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $442,503 Fair Market Value by -12%. While the home carries a Condition Rating of 5, the split-level layout and separate entrance provide significant ADU and Flexible Space Potential. This asset requires a comprehensive rehab to reach its full market potential. Given the low-rated local schools, this project is best suited for Fix-and-Flip Investors or Contractors focused on value-add renovation strategies.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1363 61st Ave Subject | $499,000* List Price | 3 | 2 | 1,500 | $295 | - |
A 5540 E 17th St Sold | $499,000 | 3 | 2 | 1,239 | $403 | 0.3 mi |
B 7601 Holly Street Sold | $577,000 | 4 | 1 | 1,692 | $341 | 1.0 mi |
C 1061 71st Ave Sold | $360,000 | 2 | 1 | 1,052 | $342 | 0.6 mi |
D 1045 1045 72nd Avenue Sold | $415,000 | 2 | 1 | 1,378 | $301 | 0.6 mi |
E 2007 57th Ave Active | $495,000 List Price | 3 | 3 | 1,515 | $327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 with no evidence of modern updates to major systems or interiors. The kitchen features dated appliances and finishes likely over 30 years old, and the exterior shows significant deferred maintenance including peeling paint and cracked concrete. The listing's call for 'TLC' and 'vision' confirms the property requires a comprehensive rehab.
The lower level features a separate entrance, offering excellent versatility for a potential ADU, home office, or multi-generational living arrangements.
Built in 1924, the home retains its original character with classic woodwork, built-in cabinetry, and original hardwood floors throughout.
Priced competitively under $500,000, this property presents a significant opportunity for buyers to build equity through cosmetic updates and renovations.
The property is noted as needing 'TLC,' suggesting that immediate capital investment will be required for repairs and modernization to reach its full potential.
The assigned public schools in the immediate area currently hold low performance ratings, which may be a concern for families prioritizing education.
This split-level 3-bedroom, 2-bath home, located between Eastlawn and Seminary, offers great potential for the right buyer. Featuring original hardwood floors, classic woodwork, and built-in cabinetry, the home retains much of its original charm. The lower level includes bonus space with a separate entrance, providing flexibility for a potential attached ADU, extended family living, a home office, or additional recreation space. While the property could benefit from some TLC, it presents an excellent opportunity to add value and make it your own. Outside, you'll find plenty of off-street parking, a detached one-car garage, and additional storage space for tools, hobbies, or household supplies. With vision and creativity, this bungalow-style home can be transformed into a warm and inviting residence tailored to your needs.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,500 | 1,587.5 |
| Lot Size | 4,000 | 5,000 |
| Price | $499.0K | $1.06M |
| Price per sq ft | $333 | $623 |
| Built year | 1924 | 1928 |
| HOA | $0 | $338 |
| Days on market | 45 | 35 |
Jun 7, 2026
$499,000
Initial Listing