
Oakland, California 94606
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $468,850 Fair Market Value by -6%. While the property requires modernization, its Condition Rating of 4 and ADU Potential offer significant value-add prospects. The 4,000 sqft lot includes a gated front yard and spacious backyard, providing rare urban utility. Located near Crocker Highlands Elementary (9/10), this asset balances renovation upside with long-term rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2209 E 22nd Street Subject | $499,000* List Price | 3 | 3 | 925 | $507 | - |
A 1526 Munson Way Sold | $360,000 | 2 | 2 | 835 | $431 | 0.4 mi |
B 2635 19th Ave Sold | $639,000 | 3 | 1 | 1,293 | $494 | 0.4 mi |
C 2122 E 25th St Sold | $525,000 | 3 | 2 | 1,222 | $430 | 0.2 mi |
D 1538 1538 20th Ave Sold | $550,000 | 2 | 1 | 888 | $619 | 0.4 mi |
E 1744 E 22nd Street Pending | $448,888 List Price | 2 | 1 | 1,050 | $428 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1917, the property features a dated kitchen and interior finishes that appear to be over 20 years old. While the hardwood floors are a plus and the home is functional, the cracked backyard concrete and aging systems in the basement indicate a need for updates and minor repairs.
Elementary School: Crocker Highlands Elementary School (9/10).
Listed at $499,000, this property offers an exceptionally accessible entry point for a detached single-family home in the desirable 94606 zip code.
The inclusion of a separate unit with ADU potential provides a significant opportunity for rental income or multi-generational living, adding long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4000, other record lot size in square feet = 4060. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 925 square feet of living space for a three-bedroom configuration, the individual rooms are likely undersized and may feel cramped for larger households.
Built in 1917, the home features 'old style' windows and aged components that may require significant modernization to improve energy efficiency and reduce maintenance costs.
Low price nice single house in the good zip code 94606! Hardwood and tile floor in most of floor, big living room and kitchen, old style window curtains show elegant! 3 bed 2.5 bath with a quarter back unit possible to be an ADU! Washer and dryer are in the back. Hot water and central heat are in the high basement. Front yard has sliding iron gates and 2 parking spaces, big back yard has fruit trees! Open house on Sunday Sep. 6 and 13 at 2:00pm-4:00pm.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 925 | 1,630.086 |
| Lot Size | 4,000 | 5,044.686 |
| Price | $499.0K | $1.05M |
| Price per sq ft | $539 | $618 |
| Built year | 1917 | 1927 |
| HOA | $0 | $265 |
| Days on market | 8 | 37 |
Sep 1, 2026
$499,000
Initial Listing
Mar 1, 2011
$143,000
Public Record
Feb 14, 2003
$260,000
Public Record