1615 1615 85th Ave, Oakland, California 94621, Oakland, 94621 - 3 bed, 2 bath
1615 1615 85th Ave
Oakland, California 94621
Property Price
SUMMARY
Analysis of 1615 1615 85th Ave, Oakland, California 94621 reveals a Prime Investment Opportunity with a current list price of $525,000—significantly undercutting the $569,973 Fair Market Value by 7%. This valuation gap indicates a +$44,973 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 1615 85th Ave Subject | $525,000* List Price | 3 | 2 | 1,627 | $350 | - |
A 1954 84th Ave Sold | $388,000 | 3 | 2 | 1,344 | $289 | 0.3 mi |
B 1476 87th Avenue Sold | $480,000 | 3 | 2 | 1,492 | $322 | 0.2 mi |
C 1230 79th Ave Sold | $585,000 | 5 | 3 | 1,447 | $404 | 0.5 mi |
D 1232 73rd Ave Sold | $475,000 | 3 | 2 | 1,200 | $396 | 0.7 mi |
E 1540 79th Ave Sold | $549,000 | 3 | 2 | 1,344 | $408 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several significant updates that elevate it above its 1979 construction date. Key improvements include newer laminate flooring, updated bathrooms with modern finishes, and a kitchen featuring granite countertops and a stone backsplash. Additionally, the mention of a newer roof and well-maintained exterior features like the pergola and gated entry indicate consistent upkeep, meeting the criteria for a well-maintained home with functional major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value and Space
Offering over 1,600 square feet at an entry-level price point, this property provides significant value for large or multigenerational families seeking a spacious single-story layout.
- Modern Interior Updates
The home features move-in-ready comforts including vaulted ceilings, newer laminate flooring, updated bathrooms, and a kitchen equipped with granite countertops and stone backsplashes.
- Enhanced Privacy and Security
The fully gated front entry provides added security, while the low-maintenance backyard with a pergola and storage shed offers a private outdoor retreat.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned public schools for this location have consistently low ratings, ranging from 1 to 3, which may impact long-term resale value and appeal to education-focused buyers.
- Market Value Depreciation
The current list price of $525,000 is significantly lower than the 2021 sale price of $625,000, indicating a notable decline in local market value over the last few years.
About 1615 1615 85th Ave
Looking for the best value home in Oakland for a large or multigenerational family? Welcome to 1615 85th Ave in Oakland. A rare single-story home offering flexible living space, gated privacy, and serious square footage at an entry-level price point. Step inside to vaulted ceilings and a bright living room featuring newer laminate flooring and a cozy fireplace. The open flow into the kitchen and dining area creates a connected space ideal for large gatherings and everyday family life. The kitchen offers granite counters, ample cabinetry, stone backsplash, and direct sightlines to the main living areas. Updated bathrooms provide modern finishes and move-in-ready comfort. Outside, the gated front entry provides added security and peace of mind. Long covered side yard with newer roof. Low-maintenance backyard with pergola, storage shed and garden area. Easy access to I-880, BART, and Oakland airport. Open Saturday and Sunday.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 5,300 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
East Oakland Pride Elementary School
Grades K-5 • 0.3 mi
Elmhurst Community Prep School
Grades 6-8 • 0.8 mi
Roots International Academy
Grades 6-8 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 52% |
| Square foot | 1,627 | 1,067.5 | 98% |
| Lot Size | 5,300 | 4,138 | 85% |
| Price | $525.0K | $499.5K | 67% |
| Price per sq ft | $323 | $431 | 15% |
| Built year | 1979 | 1924 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 146 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$525,000
Initial Listing
Sold
Aug 3, 2021
$625,000
Public Record
Sold
Jan 23, 2013
$225,000
Public Record
Sold
Jun 23, 2009
$130,000
Public Record
Sold
Apr 13, 2005
$397,000
Public Record