1605 57th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 2 bath
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1605 57th Ave
Oakland, California 94621
ACTIVE
CONDITION: FAIR
2Beds
2Baths
923Sq Ft
3,500Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$396,099
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,999—positioned well below the $396,100 Fair Market Value (priced at market). Featuring a Fair Condition Rating (4/10), the home offers significant value-add potential through its expansive lot, which is ideal for a detached ADU. While local school ratings are low, the functional 2-bedroom, 2-bathroom layout provides a solid foundation for growth. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through renovation and expansion.
Estimated Market Value
$396,099
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 |
|---|---|---|---|---|---|---|
★ 1605 57th Ave Subject | $399,999* List Price | 2 | 2 | 923 | $429 | - |
A 1243 1243 62nd Ave Sold | $500,000 | 2 | 1 | 1,152 | $434 | 0.4 mi |
B 6719 Eastlawn St Sold | $510,000 | 3 | 1 | 1,014 | $503 | 0.6 mi |
C 1700 64th Ave Sold | $450,000 | 2 | 1 | 1,028 | $438 | 0.4 mi |
D 1957 1957 69th Sold | $510,000 | 2 | 1 | 1,072 | $476 | 0.9 mi |
E 1058 71st Ave Sold | $282,300 | 2 | 1 | 815 | $346 | 0.8 mi |
F 1137 Seminary Ave Active | $480,000 List Price | 2 | 1 | 1,025 | $468 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1911, the property shows cosmetic updates such as laminate flooring and fresh paint that appear to be 15-20 years old. While the listing describes it as move-in ready, the basic fixtures and age of the structure suggest the home is dated and will likely require minor repairs or system modernizations in the near future.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced under $400,000, this property offers a rare entry-level opportunity for a detached single-family home in the Oakland market, making it highly attractive for first-time buyers and investors.
- ADU & Expansion Potential
The versatile lot provides significant growth potential, specifically the ability to build a detached Accessory Dwelling Unit (ADU) for high-yield rental income or multi-generational living.
- Functional Primary Suite
Despite the compact footprint, the home features a desirable 2-bedroom, 2-bathroom layout, including a spacious primary suite with a private en suite bath, which is a premium feature for a home of this size.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The local public schools assigned to this address have low performance ratings, ranging from 1 to 3, which may be a concern for families prioritizing educational proximity.
- Vintage Infrastructure
Built in 1911, the property's age and modest 923-square-foot size may necessitate ongoing maintenance and limit interior living space for larger households.
About 1605 57th Ave
Welcome to 1605 57th Avenue, a rare Oakland opportunity offering exceptional value, immediate comfort, and incredible long-term growth potential. Situated on an expansive, versatile lot, this property presents endless possibilities for expansion—from building a detached Accessory Dwelling Unit (ADU) for high-yield rental income or multi-generational living, to creating a private backyard oasis or accommodating secure vehicle, RV, or boat parking. Inside, the functional 923 -square-foot layout features two comfortable bedrooms and two full bathrooms, highlighted by a spacious primary suite with its own private en suite bath. Perfectly suited for a first-time homebuyer looking to build equity, a house-hacker, or a savvy investor, the home offers bright living spaces designed for easy living and customization. Located in a vibrant, rapidly growing neighborhood, you are just minutes away from local parks, popular dining, shopping, and convenient commuter routes. Schedule your private showing and uncover the unique potential waiting at this address.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Greenleaf Elementary School
Grades K-8 • 0.4 mi
3/10
Roots International Academy
Grades 6-8 • 0.5 mi
1/10
Frick Middle School
Grades 6-8 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 923 | 1,630.086 |
| Lot Size | 3,500 | 5,044.686 |
| Price | $400.0K | $1.05M |
| Price per sq ft | $433 | $618 |
| Built year | 1911 | 1927 |
| HOA | $0 | $265 |
| Days on market | 37 | 37 |
Pricing History
Listed for Sale
Aug 3, 2026
$399,999
Initial Listing