233 233 Capricorn Ave, Oakland, California 94611, Oakland, 94611 - 3 bed, 3 bath

233 233 Capricorn Ave, Oakland, California 94611 home-pic-0

233 233 Capricorn Ave

Oakland, California 94611

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,550Sq Ft
5,194Lot Size

Property Price

LIST PRICE$848,000
EST. MARKET VALUE
$876,671
3% BelowMARKET VALUE

SUMMARY

Analysis of 233 233 Capricorn Ave, Oakland, California 94611 reveals a Prime Investment Opportunity with a current list price of $848,000—significantly undercutting the $876,671 Fair Market Value by 3%. This valuation gap indicates a +$28,671 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

$876,671 +$28,671 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
233 233 Capricorn Ave
Subject
$848,000*
List Price
331,550$566-
A
7030 Snake Rd
Active
$999,000
List Price
421,844$5420.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1938, the property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen is fully updated with white shaker cabinetry, stone countertops, subway tile backsplashes, and stainless steel appliances. The bathrooms feature contemporary vanities and modern tile work. With refinished hardwood floors, updated light fixtures, and a fully renovated detached studio unit, the home is in pristine, move-in-ready condition with no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Secondary Unit

    The property features a detached 205-square-foot apartment complete with its own kitchen and bathroom, providing a rare opportunity for rental income, a dedicated home office, or a private guest suite.

  • Secluded Natural Setting

    Mature landscaping and strategic window placement offer exceptional privacy and tranquil views of greenery rather than neighboring homes, creating a serene 'rooted' atmosphere.

  • Prime Montclair Accessibility

    Located 'low in Montclair,' this home offers the prestige and beauty of the Oakland hills while maintaining easier access to the village and commuting routes compared to higher-elevation properties.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1461.

  • Limited Interior Scale

    With 1,550 total square feet split between two structures, the main residence features intimate living and dining spaces that may feel undersized for families requiring large communal areas.

  • Vintage Infrastructure

    Built in 1938, the property may necessitate updates to older systems or structural components typical of pre-war homes, which could require additional capital investment from the buyer.

About 233 233 Capricorn Ave

Tucked along a quiet road low in Montclair, 233 Capricorn reveals itself gently, more discovered than announced. A charming cottage at heart, the home is framed by mature landscaping that softens the approach and creates an immediate sense of privacy and calm. Dappled light filters through established trees, gardens unfold in layers, and the house feels rooted. Inside, the main home offers three bedrooms and two baths arranged with an ease that supports daily living. The scale is intimate yet highly functional, with rooms that connect naturally and carry a quiet warmth. Living and dining spaces feel comfortable rather than oversized, balancing charm with real-world practicality. A separate 205-square-foot apartment at the front of the property meaningfully expands the footprint. With its own bathroom, kitchen, and living area, this self-contained space is ideal as a dedicated office, guest quarters, creative studio, or private retreat. Positioned just apart from the main residence, it offers flexibility and independence while preserving the home’s cozy proportions. Throughout, windows look onto greenery instead of neighboring homes. Light shifts softly across the interiors, and the atmosphere remains grounded and calm — a property that feels both personal and deeply livable.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
5,194 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
49%
Baths3.03.0
50%
Square foot1,5502,405
17%
Lot Size5,1947,298
18%
Price$848.0K$1.40M
9%
Price per sq ft$547$606
40%
Built year19381950
38%
HOA$0$0
50%
Days on market3162
1%

Pricing History

Listed for Sale

Mar 4, 2026

$848,000

Initial Listing

Sold

Jul 29, 1994

$239,500

Public Record

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