
Oakland, California 94601
This 1922 single-family residence represents a High-Potential Investment Opportunity, listed at a List Price of $635,000—positioned well above the $600,649 Fair Market Value by -5%. Featuring a Fair Condition Rating, the property offers significant value-add potential through the Garage-Converted ADU Studio, providing immediate rental income or flexible living space. While the home retains classic Vintage Architectural Character, it requires modernization. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 High Subject 2 bd · 1 ba · 1,258 sqft · $468 | $635,000* List Price | 2 | 1 | 1,258 | $468 | - |
A 2426 38th Ave Sold 2 bd · 1 ba · 1,187 sqft · $438 · 0.3 mi | $520,000 | 2 | 1 | 1,187 | $438 | 0.3 mi |
B 5362 Foothill Blvd Sold 2 bd · 1 ba · 1,248 sqft · $397 · 0.8 mi | $495,000 | 2 | 1 | 1,248 | $397 | 0.8 mi |
C 1927 Vicksburg Ave Sold 3 bd · 1 ba · 1,302 sqft · $438 · 0.7 mi | $570,000 | 3 | 1 | 1,302 | $438 | 0.7 mi |
D 3735 Nevil St Sold 3 bd · 1 ba · 1,045 sqft · $598 · 0.3 mi | $625,000 | 3 | 1 | 1,045 | $598 | 0.3 mi |
E 2162 35th Ave Sold 3 bd · 2 ba · 966 sqft · $590 · 0.7 mi | $570,000 | 3 | 2 | 966 | $590 | 0.7 mi |
F 2161 48th Ave Sold 2 bd · 3 ba · 1,395 sqft · $502 · 0.6 mi | $700,000 | 2 | 3 | 1,395 | $502 | 0.6 mi |
G 1434 40th Active 3 bd · 3 ba · 1,294 sqft · $409 · 1.0 mi | $529,500 List Price | 3 | 3 | 1,294 | $409 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, this 100+ year old property is described as retaining many 'original features,' suggesting that the kitchen, bathrooms, and core systems (HVAC/Electric) are dated and likely exceed the 20-30 year age threshold. While the interior features like hardwood floors and a fireplace indicate it is well-preserved and livable, the listing explicitly calls for 'thoughtful updates and refinement,' aligning it with the Fair category for properties needing modernization.
The conversion of the garage into an ADU studio provides immediate versatility for rental income, a home office, or multi-generational living.
Built in 1922, the home retains timeless charm with original features, warm hardwood floors, and a traditional fireplace that serves as a classic focal point.
Positioned as a property ready for its next chapter, it offers significant upside potential for investors or homeowners looking to build equity through thoughtful updates.
The assigned public schools, including Allendale Elementary and Fremont High, currently hold low performance ratings, which may impact long-term resale value for families.
The property requires refinement and updates to its original features, implying a need for immediate additional capital investment post-purchase.
This property has been placed in an upcoming online event. All bids should be submitted at www.xome.com (void where prohibited). All offers received prior to the event period should be submitted by the buyer or buyer's agent by clicking on the “Make Offer” button on the Property Details page on Xome.com. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). A home with classic vintage character and a calm, enduring presence, ready for its next chapter. Warm hardwood floors extend through much of the interior, and a traditional fireplace anchors the living room, offering timeless architectural appeal and a natural gathering space. The property retains many original features and presents a wonderful opportunity for thoughtful updates and refinement. Also the garage was converted to an ADU studio.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,258 | 1,591.405 |
| Lot Size | 4,240 | 5,033.821 |
| Price | $635.0K | $1.04M |
| Price per sq ft | $505 | $611 |
| Built year | 1922 | 1927 |
| HOA | $0 | $227 |
| Days on market | 59 | 36 |
Aug 26, 2026
$635,000
Initial Listing
Feb 18, 2011
$125,500
Public Record