2217 E 24th Street, Oakland, California 94606, Oakland, 94606 - 3 bed, 1 bath
2217 E 24th Street
Oakland, California 94606
Property Price
SUMMARY
Analysis of 2217 E 24th Street, Oakland, California 94606 reveals a Prime Investment Opportunity with a current list price of $499,000—significantly undercutting the $520,591 Fair Market Value by 4%. This valuation gap indicates a +$21,591 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2217 E 24th Street Subject | $499,000* List Price | 3 | 1 | 1,233 | $422 | - |
A 2122 E 25th St Active | $549,800 List Price | 3 | 2 | 1,222 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1915, the property has undergone an extensive recent renovation within the last 5 years. It features a brand-new kitchen with contemporary shaker cabinets, stone countertops, and stainless steel appliances. The bathroom is fully remodeled with modern tiling and fixtures. With new flooring throughout, fresh interior and exterior paint, and updated lighting, the home meets current quality standards and is in turn-key condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Turn-Key Renovations
The property features a brand-new kitchen with contemporary finishes, a fully remodeled modern bathroom, and stylish new flooring, offering a move-in-ready experience for buyers.
- Significant Value-Add Potential
The spacious basement serves as a blank canvas perfect for a future ADU or guest suite, providing a strategic opportunity to generate rental income or build additional equity.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may be less convenient for larger families or those looking for modern multi-bath functionality.
- Historic Infrastructure Risks
Built in 1915, the property may possess aging underlying systems typical of century-old homes that could require future maintenance beyond the recent cosmetic updates.
About 2217 E 24th Street
Welcome to 2217 E 24th St, a beautifully revitalized 3-bed, 1-bath home in the heart of Oakland. This turn-key residence has been thoughtfully updated with a brand-new kitchen featuring contemporary finishes, a fully remodeled modern bathroom, and stylish new flooring throughout.Beyond the move-in-ready interior, this property offers incredible "value-add" potential. The spacious basement is a blank canvasperfect for a home gym, workshop, or a future ADU/guest suite to generate rental income. The expansive backyard provides a private retreat for gardening and outdoor entertaining, with plenty of room for further expansion.Located with easy access to transit, local dining, and Highland Hospital, this is the perfect opportunity for first-time buyers or savvy investors looking to build equity. Don't miss this Oakland gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1915
- Lot Size
- 3,266 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Manzanita Seed
Grades K-5 • 0.3 mi
Garfield Elementary School
Grades K-5 • 0.4 mi
Bella Vista Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,233 | 1,389 | 34% |
| Lot Size | 3,266 | 4,294 | 38% |
| Price | $499.0K | $715.0K | 24% |
| Price per sq ft | $405 | $479 | 28% |
| Built year | 1915 | 1914 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 177 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$499,000
Initial Listing
Sold
Sep 9, 2015
$250,000
Public Record