
Oakland, California 94601
This Single Family Residence represents a Strong Value Opportunity, listed at $470,000—positioned well above the $436,748 Fair Market Value by 7%. While the property requires a strategic approach, it features a Condition Rating of 4 with recent capital improvements including a new roof and dual-pane windows. The non-conforming basement provides versatile bonus space for creative expansion. Located near top-rated schools like Lincoln Middle, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central Oakland location.
Property is moderate renovation needed.
Although the property features critical recent updates including a new roof, direct vent heater, and dual-pane windows, the overall structure is over 100 years old. The interior renovations are cosmetic (paint and vinyl flooring) rather than a full modern overhaul, and the non-conforming basement area remains in a rough, unfinished state that requires significant work.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property features significant recent upgrades including a new roof, new direct vent heater, dual pane windows, and fresh interior paint, ensuring lower immediate maintenance costs for the buyer.
A basement area containing three additional rooms, a kitchen, and a bathroom offers exceptional flexibility for storage, a workshop, or potential future conversion into habitable space.
With only 785 square feet of primary living area, the home's small footprint may feel restrictive for families or those requiring spacious common areas.
The additional basement rooms and kitchen are non-conforming with low ceilings, which may present challenges for appraisal, financing, and future permitting requirements.
2 br 1.5 bath with garage. New roof, new direct vent heater, dual pane windows, refinished floors, new vinyl plank in kitchen and baths. new interior paint. Low ceiling basement also has non conforming 3 rooms, kitchen, bath and laundry
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 785 | 1,587.5 |
| Lot Size | 2,250 | 5,000 |
| Price | $470.0K | $1.06M |
| Price per sq ft | $599 | $623 |
| Built year | 1910 | 1928 |
| HOA | $0 | $338 |
| Days on market | 11 | 35 |
Jul 11, 2026
$470,000
Initial Listing