2538 E 16th St, Oakland, California 94601, Oakland, 94601 - 3 bed, 2 bath
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Oakland, California 94601
This Duet-Style Residence represents a Prime Investment Opportunity, listed at a List Price of $599,000—positioned well below the $615,074 Fair Market Value by 2%. This valuation gap provides $16,074 in Instant Equity. With a Good Condition Rating, the home features stylishly remodeled bathrooms and a spacious two-car garage with additional off-street parking. The absence of HOA fees enhances long-term affordability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with significant accessibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2538 E 16th St Subject | $599,000* List Price | 3 | 2 | 1,292 | $476 | - |
A 1742 1742 28th Ave Sold | $650,000 | 3 | 1 | 1,351 | $481 | 0.3 mi |
B 2005 2005 36th Avenue Sold | $549,000 | 3 | 2 | 1,210 | $454 | 0.8 mi |
C 3568 Harper Street Sold | $690,000 | 3 | 2 | 1,324 | $521 | 0.8 mi |
D 5311 Gray Street Sold | $540,000 | 3 | 2 | 1,372 | $394 | 1.0 mi |
E 1712 37th Ave Sold | $530,000 | 3 | 1 | 1,015 | $522 | 0.8 mi |
F 2628 Logan St Sold | $592,500 | 3 | 1 | 1,327 | $446 | 0.5 mi |
G 2540 E 16th St Active | $599,900 List Price | 3 | 2 | 1,292 | $464 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure was built in 1985 (39 years old), the interior has been well-maintained with stylishly remodeled bathrooms and updated laminate flooring. The home appears move-in ready and functional, aligning with the 5-15 year renovation criteria for a 'Good' rating.
The home features stylishly remodeled bathrooms with modern fixtures and upgraded closets, providing a contemporary feel and reducing immediate renovation needs for the new owner.
Rare for this urban setting, the property includes a two-car garage plus off-street parking for up to five additional vehicles, offering significant convenience for multi-car households.
The absence of a Homeowners Association allows for lower monthly carrying costs and greater autonomy regarding property modifications and maintenance compared to similar attached homes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3687, other record lot size in square feet = 7375.
The duet-style layout involves a shared wall with the adjacent unit, which may result in less privacy and more noise transfer than a fully detached single-family residence.
At 1,292 square feet for a three-bedroom home, the living spaces and bedrooms may feel somewhat constrained for families requiring more expansive common areas.
This well-maintained duet-style home, built in 1985, offers 3 bedrooms, 2 updated bathrooms, and a spacious two-car garage. Both bathrooms have been stylishly remodeled with modern fixtures and upgraded closets. The generous backyard provides ample space for outdoor living—ideal for relaxing, gardening, or entertaining guests. In addition to the garage, off-street parking accommodates up to five vehicles. Conveniently located near schools, parks, shopping centers, restaurants, bus stops, and BART, this home combines comfort with unbeatable accessibility. Best of all—NO HOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,292 | 1,361.5 | 43% |
| Lot Size | 3,687 | 4,310 | 25% |
| Price | $599.0K | $597.0K | 50% |
| Price per sq ft | $464 | $436 | 59% |
| Built year | 1985 | 1919 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 120 | 18% |
Apr 9, 2026
$599,000
Initial Listing
Mar 11, 2011
$75,000
Public Record