2701 Octavia St, Oakland, California 94619, Oakland, 94619 - 3 bed, 1 bath
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Oakland, California 94619
This 1926 Craftsman represents a High-Potential Investment Opportunity, listed at $549,000—positioned well below the $569,078 Fair Market Value by 3%. This valuation gap offers $20,078 in Instant Equity. With a Condition Rating of 4, the property requires systemic updates, yet the 6,300 sq. ft. double lot provides significant ADU development potential. Featuring original oak floors and a versatile bonus room, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2701 Octavia St Subject | $549,000* List Price | 3 | 1 | 1,214 | $469 | - |
A 2921 Eastman Ave Sold | $501,000 | 3 | 1 | 948 | $528 | 0.4 mi |
B 3750 Angelo Ave Sold | $640,000 | 4 | 2 | 1,526 | $419 | 0.3 mi |
C 3508 Morcom Ave Pending | $569,999 List Price | 2 | 2 | 1,412 | $404 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, this property is well-maintained but largely original or dated. The kitchen features older tile countertops and cabinetry, and the overall interior finishes (original wood trim and built-ins) are over 20 years old, requiring cosmetic and likely systemic updates to meet modern standards.
The rare 6,300 sq. ft. double lot offers significant opportunity for expansion or the construction of a detached ADU, providing excellent value-add potential in a dense urban market.
The property features well-preserved 1926 architectural details, including original oak floors and pristine, unpainted solid wood trim, which are highly sought after by vintage home enthusiasts.
The inclusion of a dedicated bonus room and a split-level rear bedroom provides flexible space for a home office, gym, or creative studio, catering to modern work-from-home needs.
With three bedrooms but only one bathroom, the home's configuration may be a drawback for larger families or those seeking modern convenience and higher resale value.
The local public schools assigned to this address currently have low ratings (ranging from 2 to 4), which may deter families prioritizing educational performance in their home search.
Charming 1926 Craftsman with Rare Double Lot & Unlimited Potential! Welcome to this charming 1926 bungalow nestled at the end of a quiet cul-de-sac. Offering 3 bedrooms, 1 bathroom, and 1,214 sq. ft. of light-filled living space, this home beautifully blends classic period character with versatility and potential, making it an ideal starter home or long-term investment. Step inside to discover stunning original oak floors and pristine, never-painted solid wood trim and built-ins that showcase the true craftsman quality that makes this '20s vintage home a real treasure. The split level rear bedroom creates privacy while beyond the main living areas, you'll find a spacious laundry room connected to a versatile bonus room, perfect for a private home office, gym, or creative studio. The real showstopper is the oversized 6,300 sq. ft. double lot, an absolute rarity for this neighborhood. Whether you dream of expanding the main home, creating an expansive garden oasis, or constructing a detached ADU for rental income or multigenerational living, the possibilities are endless. Complete with a detached garage and convenient access to Hwy 580 and Fruitvale BART, this East Bay gem offers unbeatable comfort, character, and future value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 6-9 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,214 | 1,587.5 |
| Lot Size | 6,300 | 5,000 |
| Price | $549.0K | $1.06M |
| Price per sq ft | $452 | $623 |
| Built year | 1926 | 1928 |
| HOA | $0 | $338 |
| Days on market | 2 | 35 |
Jul 21, 2026
$549,000
Initial Listing