1549 5th Ave, Oakland, California 94606, Oakland, 94606 - 4 bed, 2 bath
ACTIVE$875,000
1549 5th Ave, Oakland, California 94606
4Beds
2Baths
1,892Sqft
3,026Lot
Year Built
1896
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$462
HOA
-
Days on market
-
Sold On
-
MLS number
41116679
Home ConditionFair
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $875.0K(62th), sqft - 1892(72th), beds - 4(72th), baths - 2(50th).
Discover your new home in this beautiful four-bedroom, two-bathroom Victorian retreat, perfectly situated in East Lake, with quick access to the serene shores of Lake Merritt and major transportation routes. Step inside and feel the warmth of its history, with original details lovingly preserved. The flexible floor plan provides endless possibilities, including a dedicated upper level complete with a second kitchen. This unique setup is ideal for multi-generational living, a potential Airbnb rental, or a private suite. The large detached two-car garage not only offers ample space for vehicles and storage but also presents a prime opportunity to build an ADU above. This home is a rare find, offering a unique opportunity to own a piece of East Lake's storied past with boundless potential.
Nearby schools
3/10
Franklin Elementary School
Public,•K-5•0.3mi
7/10
Cleveland Elementary School
Public,•K-5•0.7mi
8/10
Lincoln Elementary School
Public,•K-5•0.8mi
4/10
Bella Vista Elementary School
Public,•K-5•0.9mi
3/10
Garfield Elementary School
Public,•K-5•1.2mi
3/10
Manzanita Seed
Public,•K-5•1.6mi
3/10
International Community School
Public,•K-5•1.7mi
5/10
Think College Now School
Public,•K-5•1.7mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.7mi
5/10
Glenview Elementary School
Public,•K-5•1.9mi
6/10
Henry Haight Elementary School
Public,•K-5•1.9mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.2mi
3/10
La Escuelita Elementary School
Public,•K-8•0.3mi
4/10
Roosevelt Middle School
Public,•6-8•0.9mi
2/10
Westlake Middle School
Public,•6-8•1.3mi
6/10
Edna Brewer Middle School
Public,•6-8•1.3mi
4/10
Urban Promise Academy
Public,•6-8•1.8mi
3/10
United For Success Academy
Public,•6-8•2.1mi
5/10
Will C. Wood Middle School
Public,•6-8•2.4mi
2/10
Bret Harte Middle School
Public,•6-9•2.5mi
4/10
Oakland High School
Public,•9-12•1.0mi
7/10
Oakland Technical High School
Public,•9-12•2.4mi
2/10
Oakland International High School
Public,•9-12•2.6mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.6mi
2/10
Fremont High
Public,•9-12•2.8mi
4/10
Skyline High School
Public,•9-12•4.8mi
Price History
Date
Event
Price
11/04/25
Listing
$875,000
01/31/20
Sold
$806,000
Condition Rating
Fair
This 1896 Victorian home has been maintained with recent cosmetic updates like fresh paint and laminate flooring in living areas and bedrooms. However, the kitchens, while functional, feature dated linoleum/vinyl flooring, basic white cabinets, and standard appliances, indicating they have not undergone extensive modern renovation. The absence of bathroom images suggests they are likely in a similar or more dated condition. The property analysis also highlights potential for older systems (plumbing, electrical, HVAC) requiring future investment due to the home's age. It is habitable and clean but requires minor updates, particularly in the kitchens and likely bathrooms, and potential system upgrades to meet modern standards.
Pros & Cons
Pros
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Prime Location: Situated in the desirable East Lake neighborhood with quick access to Lake Merritt and major transportation routes, offering convenience and lifestyle benefits.
Income & Flexible Living Potential: A dedicated upper level with a second kitchen provides versatility for multi-generational living, a private suite, or potential Airbnb rental income.
ADU Development Opportunity: The large detached two-car garage presents a significant opportunity to build an Accessory Dwelling Unit (ADU) above, adding substantial value and potential rental income.
Historic Charm & Original Details: A beautiful Victorian retreat built in 1896, featuring lovingly preserved original details that appeal to buyers seeking character and historical elegance.
Spacious & Versatile Floor Plan: With 4 bedrooms, 2 bathrooms, and 1892 sqft, the flexible layout offers ample space and adaptability for various living arrangements.
Cons
Age-Related Maintenance & Systems: As a home built in 1896, there is a potential for older systems (e.g., plumbing, electrical, HVAC) that may require significant future investment or upgrades not explicitly mentioned.
Limited Outdoor Space: The lot size of 3026 sqft, especially with a detached two-car garage, suggests potentially limited private outdoor living or yard space.
Mixed School Ratings: While some schools are well-rated, several nearby public schools have lower ratings, which could be a consideration for families prioritizing top-tier public education.