
Oakland, California 94601
This property presents a High-Potential Investment Opportunity with a List Price of $524,999—positioned well below the $550,404 Fair Market Value by 4%. This valuation gap offers $25,405 in Instant Equity. Featuring a Fair Condition Rating, the home offers a functional 1,631 sqft layout with Granite Kitchen counters and significant ADU Expansion Potential on the expansive lot. While local school ratings are low, the property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1646 51st Ave Subject 3 bd · 2 ba · 1,631 sqft · $322 | $499,999* List Price | 3 | 2 | 1,631 | $322 | - |
A 2015 50th Ave Sold 3 bd · 2 ba · 1,620 sqft · $340 · 0.2 mi | $550,000 | 3 | 2 | 1,620 | $340 | 0.2 mi |
B 5465 Holland St Sold 3 bd · 1 ba · 1,332 sqft · $390 · 0.2 mi | $520,000 | 3 | 1 | 1,332 | $390 | 0.2 mi |
C 2636 Cole St Sold 4 bd · 2 ba · 1,663 sqft · $352 · 0.6 mi | $585,000 | 4 | 2 | 1,663 | $352 | 0.6 mi |
D 5362 Foothill Blvd Sold 2 bd · 1 ba · 1,248 sqft · $397 · 0.4 mi | $495,000 | 2 | 1 | 1,248 | $397 | 0.4 mi |
E 1909 51st Avenue Sold 3 bd · 1 ba · 1,492 sqft · $337 · 0.1 mi | $502,200 | 3 | 1 | 1,492 | $337 | 0.1 mi |
F 1520 51st Ave Sold 5 bd · 2 ba · 2,024 sqft · $301 · 0.1 mi | $610,000 | 5 | 2 | 2,024 | $301 | 0.1 mi |
G 4510 San Carlos Ave Sold 2 bd · 1 ba · 984 sqft · $356 · 0.5 mi | $350,000 | 2 | 1 | 984 | $356 | 0.5 mi |
H 4019 E 16th St Sold 3 bd · 2 ba · 1,468 sqft · $385 · 0.6 mi | $565,000 | 3 | 2 | 1,468 | $385 | 0.6 mi |
I 907 39th Ave Active 4 bd · 2 ba · 1,283 sqft · $389 · 0.8 mi | $499,000 List Price | 4 | 2 | 1,283 | $389 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1918, the home shows signs of a renovation likely performed 20-30 years ago, particularly in the kitchen and half-bath. While recent cosmetic updates like refinished hardwood floors and new carpeting provide immediate functionality, the property remains dated and will require updates to major systems and finishes to meet modern standards.
The expansive lot featuring a long side-access driveway and detached garage offers significant opportunity for an ADU or future home expansion, providing excellent value-add potential.
Recent improvements including refinished hardwood floors, new carpeting, and granite countertops in the kitchen ensure the home is move-in ready with contemporary finishes.
The 1,631 sqft floor plan is exceptionally functional, highlighted by three generously sized bedrooms that all feature walk-in closets, a rare find for a 1918 vintage home.
The local public schools assigned to this property currently have low performance ratings, which may impact long-term resale value and appeal to families.
With only 1.5 bathrooms serving a three-bedroom home of this size, the configuration may be inconvenient for larger households or when entertaining guests.
Welcome to this spacious 3-bedroom, 1.5-bath home offering a great blend of comfort, functionality, and future potential. The inviting living room provides plenty of space to relax and entertain, while all three generously sized bedrooms feature walk-in closets for exceptional storage. Recent improvements include beautifully refinished hardwood floors and plush new carpeting throughout the bedrooms. The spacious kitchen features granite countertops and ample room for meal preparation and everyday dining. A dedicated laundry room adds convenience and functionality to the home. Step outside to a large backyard offering plenty of room for entertaining, gardening, recreation, or future expansion. The expansive lot also presents exciting possibilities for an addition or potential ADU, providing flexibility for extended family, guests, or additional living space. A long side-access driveway provides abundant off-street parking for multiple vehicles and offers excellent accessibility to the rear of the property. A detached garage/storage area provides additional space for parking, storage, hobbies, or a workshop. With spacious living areas, thoughtful updates, generous outdoor space, and valuable side access, this home offers both immediate comfort and plenty of opportunity for the future.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-8 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,631 | 1,591.405 |
| Lot Size | 4,640 | 5,033.821 |
| Price | $500.0K | $1.04M |
| Price per sq ft | $307 | $611 |
| Built year | 1918 | 1927 |
| HOA | $0 | $227 |
| Days on market | 23 | 36 |
Oct 21, 2026
$499,999
$524,999
-5% Price Drop
Initial Listing
Oct 1, 2026
$524,999
Initial Listing
Apr 11, 2000
$175,000
Public Record