1707 78th Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
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Oakland, California 94621
This 1928 Contractor Special Asset is listed at $399,000, positioned near its $368,416 Fair Market Value. While the property carries a Poor Condition Rating due to significant deferred maintenance and water damage, it represents a significant opportunity for forced appreciation through renovation. The 4,255 sqft lot offers ample footprint for ADU development near East Oakland Pride Elementary and Eastmont Town Center. Requiring a total system overhaul, this is a strategic project for Fix-and-Flip Investors or Contractors looking to capitalize on Oakland's high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1707 78th Ave Subject | $399,000* List Price | 2 | 1 | 1,021 | $361 | - |
A 1441 88th Ave Sold | $410,000 | 2 | 1 | 1,192 | $344 | 0.7 mi |
B 1433 87th Ave Sold | $400,000 | 3 | 1 | 1,196 | $334 | 0.6 mi |
C 1638 84th Ave Sold | $427,500 | 2 | 1 | 979 | $437 | 0.4 mi |
D 1718 88th Ave Sold | $446,766 | 3 | 1 | 1,044 | $428 | 0.7 mi |
E 1927 86th Ave Sold | $395,000 | 2 | 1 | 792 | $499 | 0.5 mi |
F 7412 Weld St Pending | $392,000 List Price | 2 | 1 | 864 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Marketed as a 'contractor special,' the property shows significant deferred maintenance including visible ceiling water damage, severely worn hardwood floors, and deteriorating wall surfaces. Built in 1928 with no recent updates, it requires a complete rehabilitation of the kitchen, bathroom, and major systems to meet modern living standards.
Marketed as a 'contractor special,' this property is priced to attract investors and flippers looking to build significant equity through a comprehensive renovation.
The home is conveniently situated near Arroyo Park, Eastmont Town Center, and Oracle Arena, offering future residents easy access to shopping, recreation, and entertainment.
With a 4,255 sqft lot for a 1,021 sqft structure, the property provides ample outdoor space and potential for future expansion or ADU development, subject to local zoning.
The property requires extensive repairs and updates throughout, which will necessitate a substantial capital injection and construction expertise immediately upon purchase.
Being sold in 'as-is' condition with known repair needs, the property may not qualify for traditional FHA or conventional financing, likely requiring cash or hard money lenders.
Contractor special opportunity! Bring your vision and tools to unlock this property’s potential. In need of repairs and updates, ideal for investors, contractors, or experienced buyers. Convenient location near Arroyo Park, the shops at Eastmont Town Center, East Oakland Pride Elementary, and Oracle Arena. Sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,021 | 1,099 | 43% |
| Lot Size | 4,255 | 4,120 | 57% |
| Price | $399.0K | $499.0K | 19% |
| Price per sq ft | $391 | $437 | 30% |
| Built year | 1928 | 1924 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 179 | 2% |
Apr 8, 2026
$399,000
Initial Listing