2333 81st Ave, Oakland, California 94605, Oakland, 94605 - 2 bed, 1 bath
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2333 81st Ave
Oakland, California 94605
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,066Sq Ft
4,032Lot Size
Property Price
LIST PRICE$449,999
EST. MARKET VALUE
$413,873
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $449,999—positioned well below the $413,874 Fair Market Value by -8%. Given the Condition Rating of 5, the home requires a comprehensive renovation to address deferred maintenance and dated interiors. The expansive 4,032 square foot lot offers significant potential for footprint expansion or ADU development. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale rehab to capture long-term value.
Estimated Market Value
$413,873
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2333 81st Ave Subject | $449,999* List Price | 2 | 1 | 1,066 | $388 | - |
A 8115 Iris St Sold | $380,000 | 2 | 2 | 1,095 | $347 | 0.1 mi |
B 2972 El Monte Ave Sold | $455,000 | 3 | 1 | 1,386 | $328 | 0.5 mi |
C 3000 Partridge Ave Active | $450,000 List Price | 2 | 1 | 969 | $464 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1926, this property shows significant signs of age and deferred maintenance. The interior walls exhibit prominent cracking and wear, the kitchen is highly dated with old cabinetry and tile, and the flooring is a mix of worn carpet and laminate. While the bathroom has seen a minor cosmetic refresh, the overall condition of the systems and structure suggests a need for a full rehab rather than minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Priced at $449,999, this property represents a highly accessible entry point into the Oakland single-family market, offering significant value compared to the regional median price.
- Development and Expansion Potential
The 4,032 square foot lot provides a generous outdoor area with ample space for potential footprint expansion or the addition of an Accessory Dwelling Unit (ADU) to increase property value.
- Established Neighborhood Character
Located in the historic Eastmont subdivision and built in 1926, the home offers the architectural charm and solid craftsmanship typical of early 20th-century California bungalows.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The local public schools carry low ratings (ranging from 1 to 3), which may limit the property's appeal to families and impact long-term appreciation rates.
- Lack of Documented Upgrades
The minimal listing description suggests the property may be in original condition or require significant modernization to meet current buyer expectations for finishes and systems.
About 2333 81st Ave
Easy to show. Call Listing agent for showing. Huge lot. Excellent street with great potential. bright and Airy with a lot of windows. Easy access to freeways to San Francisco.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 4,032 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
East Oakland Pride Elementary School
Grades K-5 • 0.4 mi
3/10
Markham Elementary School
Grades K-5 • 0.6 mi
2/10
Parker Elementary School
Grades K-8 • 0.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,066 | 1,630.086 |
| Lot Size | 4,032 | 5,044.686 |
| Price | $450.0K | $1.05M |
| Price per sq ft | $422 | $618 |
| Built year | 1926 | 1927 |
| HOA | $0 | $265 |
| Days on market | 49 | 37 |
Pricing History
Listed for Sale
Jul 22, 2026
$449,999
Initial Listing