1909 51st Avenue, Oakland, California 94601, Oakland, 94601 - 3 bed, 1 bath
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Oakland, California 94601
This 1905 Single-Family Residence serves as a High-Potential Investment Opportunity, listed at $499,900. Priced accurately relative to its $496,604 Fair Market Value, the property offers substantial upside through strategic renovation and forced appreciation. Holding a Condition Rating of 5, the interior requires a comprehensive overhaul to address significant deferred maintenance and aged infrastructure. However, the 5,320 sqft lot and long driveway facilitate a straightforward ADU addition to increase density and rental yield. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to unlock its highest potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1909 51st Avenue Subject | $499,900* List Price | 3 | 1 | 1,492 | $333 | - |
A 4075 Mera St Sold | $391,728 | 2 | 1 | 1,133 | $346 | 0.5 mi |
B 2129 Harrington Ave Sold | $479,000 | 2 | 2 | 1,164 | $412 | 0.9 mi |
C 1540 37th Ave Sold | $400,000 | 2 | 1 | 1,120 | $357 | 0.8 mi |
D 5145 Foothill Blvd Sold | $400,000 | 2 | 2 | 1,143 | $350 | 0.1 mi |
E 2015 50th Ave Active | $499,000 List Price | 3 | 2 | 1,620 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905, this property is marketed as an investor opportunity requiring significant rehabilitation. Interior images reveal substantial deferred maintenance, including cracked walls and ceilings in the kitchen, peeling and damaged vinyl flooring, an unfinished laundry room with exposed plywood subflooring, and highly outdated kitchen and bathroom fixtures. The home lacks modern updates and requires a full renovation to address its aged infrastructure and aesthetic condition.
The property features a generous 5,320 square foot lot and a long driveway, providing a straightforward opportunity to construct an Accessory Dwelling Unit (ADU) to maximize density and rental income.
Boasting nearly 1,500 square feet of living space, the home includes an open floor plan, large bedrooms, and a substantial bonus room, offering a versatile foundation for a modern renovation.
Priced competitively under $500,000, this listing represents a high-potential opportunity for experienced investors to acquire a detached residence in Oakland and build significant equity through rehabilitation.
Built in 1905 and marketed as a project for those with 'vision and resources,' the property likely requires significant capital investment to address aged infrastructure and deferred maintenance.
The local public schools assigned to this address carry low performance ratings (ranging from 1 to 4), which may deter family-oriented buyers and impact the property's broader marketability.
First showing opportunity is Sunday March 22nd. This property presents a tremendous opportunity for the experienced investor and or Buyers with the vision and resources to bring this property to its highest potential. Fully functional lot of more than 5,000 square, open floor plan, large bedrooms and a large bonus room. The long driveway allows for a straightforward ADU addition to increase value without decreasing use ability. Don’t hesitate, this is a limited opportunity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-8 • 0.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,492 | 1,336 | 60% |
| Lot Size | 5,320 | 4,375 | 77% |
| Price | $499.9K | $565.0K | 30% |
| Price per sq ft | $335 | $407 | 28% |
| Built year | 1905 | 1921 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 187 | 2% |
Mar 20, 2026
$499,900
Initial Listing