1925 E 27th Street, Oakland, California 94606, Oakland, 94606 - 2 bed, 1 bath
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Oakland, California 94606
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $577,973 Fair Market Value by -21%. While the home carries a Condition Rating of 5, requiring a total rehab, the inclusion of approved ADU plans and permits provides a clear path to forced appreciation. The property features a versatile bonus space and a deck, offering significant upside for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to modernize this 1923 asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1925 E 27th Street Subject | $700,000* List Price | 2 | 1 | 960 | $602 | - |
A 1600 E 21st St Sold | $490,000 | 2 | 1 | 747 | $656 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this century-old home requires a total rehab. The kitchen is in a makeshift state with no standard cabinetry, utilizing open shelving and crates instead, and features dated flooring. While the listing mentions central HVAC, the visual evidence of the kitchen and the cluttered, non-standard exterior structures indicate significant neglect and the need for major professional updates to meet modern safety and functional standards.
Elementary School: Crocker Highlands Elementary School (9/10).
The property includes ready-to-use plans and permits for an Accessory Dwelling Unit (ADU) in the backyard, providing a rare opportunity for immediate value-add through rental income or multigenerational living.
Despite its 1923 vintage, the home is equipped with central air conditioning and gas heating, offering a level of modern comfort and climate efficiency often missing in older Oakland residences.
At just 960 square feet, the main living area is relatively compact, which may pose challenges for buyers seeking spacious common areas or larger bedroom proportions.
While the property is near some high-performing schools, several of the closest assigned public schools have low ratings, which could be a concern for families and impact future appreciation.
Nestled in Oakland, this residence offers a blend of comfort, functionality, and future potential. The home features two spacious bedrooms and one full bathroom on the main level, along with a versatile bonus bedroom and half bath downstairs. Inside, you'll find hardwood flooring throughou. Formal dining room, central air conditioning and gas heating provide year-round comfort. Situated on a generously sized lot, the property offers exceptional development opportunities. Plans and permits are already in place for the construction of an ADU (Accessory Dwelling Unit) in the backyard, presenting an excellent option for additional living space, rental income, or multigenerational living. A carport provides convenient off-street parking, completing this attractive Oakland property with both immediate appeal and long-term value.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 960 | 1,433 | 19% |
| Lot Size | 5,320 | 4,180 | 77% |
| Price | $700.0K | $795.0K | 39% |
| Price per sq ft | $729 | $521 | 87% |
| Built year | 1923 | 1912 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 127 | 6% |
May 29, 2026
$700,000
Initial Listing
May 11, 2007
$430,000
Public Record