1538 16th Ave, Oakland, California 94606, Oakland, 94606 - 3 bed, 2 bath
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1538 16th Ave
Oakland, California 94606
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,152Sq Ft
2,025Lot Size
Property Price
LIST PRICE$452,000
EST. MARKET VALUE
$434,881
3% AboveMARKET VALUE
SUMMARY
This 1905 residence represents a High-Potential Investment Opportunity, listed at a List Price of $501,000—positioned well below the $469,182 Fair Market Value by -6%. While the property requires a comprehensive renovation due to its Condition Rating of 5, the expansive lower-level and garage offer significant Value-Add Potential. Located near Crocker Highlands Elementary (9/10), this asset provides a rare foundation for forced appreciation. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to restore a classic Oakland property.
Estimated Market Value
$434,881
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1538 16th Ave Subject | $452,000* List Price | 3 | 2 | 1,152 | $378 | - |
A 340 Foothill Blvd Pending | $420,000 List Price | 3 | 1 | 1,111 | $378 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1905, this property is over 100 years old and shows significant signs of age. The kitchen is highly outdated, lacking modern built-in cabinetry and integrated appliances, while the lower level appears unfinished with aging systems. The listing's emphasis on 'potential' and 'reimagining' confirms it requires a comprehensive rehab to address dated interiors and likely structural/systemic needs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Historic Architectural Appeal
Built in 1905, this home features soaring ceilings and timeless craftsmanship, offering a unique character and aesthetic that is highly sought after in the Oakland market.
- Significant Value-Add Potential
The expansive lower-level space and garage provide exceptional flexibility for a workshop, storage, or potential future living space expansion, allowing a buyer to build significant equity.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Extensive Renovation Required
The property is positioned as a restoration project, indicating that substantial investment in modern updates and repairs will be necessary to bring the home up to contemporary standards.
- Limited Lot Size
With a modest lot size of 2,025 square feet, the property offers very limited outdoor yard space, which may be a drawback for buyers prioritizing private gardening or outdoor entertaining areas.
About 1538 16th Ave
NEW PRICE! Welcome to 1538 16th Avenue, a charming early-1900s Oakland home now offered at $452,000. Soaring ceilings, abundant natural light, a spacious layout, and classic architectural details create an excellent opportunity to restore its original character while adding your own style and modern updates. Located on a shorter stretch of 16th Avenue directly across from the historic St. Anthony campus and church, the property enjoys a more open streetscape and generous street parking directly in front. The garage and expansive lower-level space offer flexibility for storage, hobbies, a workshop, or other future possibilities (buyer to investigate). Conveniently located near Lake Merritt, parks, shopping, dining, public transportation, and major commuter routes, this is a unique opportunity to reimagine a classic Oakland residence at an exceptional new price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 2,025 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Franklin Elementary School
Grades K-5 • 0.4 mi
3/10
Garfield Elementary School
Grades K-5 • 0.4 mi
3/10
Bella Vista Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,152 | 1,630.086 |
| Lot Size | 2,025 | 5,044.686 |
| Price | $452.0K | $1.05M |
| Price per sq ft | $392 | $618 |
| Built year | 1905 | 1927 |
| HOA | $0 | $265 |
| Days on market | 49 | 37 |
Pricing History
Listed for Sale
Sep 3, 2026
$452,000
$501,000
-10% Price Drop
Initial Listing
Price Change
Jul 22, 2026
$501,000
Initial Listing