2724 2724 E 22nd St, Oakland, California 94601, Oakland, 94601 - 3 bed, 1 bath
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Oakland, California 94601
This Versatile Residential Property represents a strategic acquisition listed at $650,000, aligning with its $641,806 Fair Market Value. Maintaining a Condition Rating of 4, the asset features a high-value 1-bedroom ADU and a private patio, providing immediate rental income potential or multigenerational flexibility. Buyers benefit from the Community Advantage Program’s 5.75% interest rate and proximity to top-rated schools including Lincoln Middle (9/10) and Alameda High (9/10). This property is a premier choice for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors looking for long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2724 2724 E 22nd St Subject | $650,000* List Price | 3 | 1 | 1,570 | $412 | - |
A 4019 E 16th St Sold | $565,000 | 3 | 2 | 1,468 | $385 | 0.9 mi |
B 2628 Logan St Sold | $592,500 | 3 | 1 | 1,327 | $446 | 0.2 mi |
C 1742 1742 28th Ave Sold | $650,000 | 3 | 1 | 1,351 | $481 | 0.3 mi |
D 2005 2005 36th Avenue Sold | $549,000 | 3 | 2 | 1,210 | $454 | 0.5 mi |
E 1434 40th Active | $595,000 List Price | 3 | 3 | 1,294 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923 with kitchen and bathroom renovations that appear to be 20+ years old. While functional and move-in ready, the property is dated with older oak cabinetry and tile flooring. The listing description's focus on 'potential' and 'room to grow' indicates a need for cosmetic updates and minor repairs.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The inclusion of a separate 1-bedroom, 1-bathroom ADU provides exceptional versatility for rental income, a private home office, or multigenerational living, significantly increasing the property's overall value.
The property qualifies for the Community Advantage Program, offering a highly competitive 5.75% interest rate, which provides substantial monthly savings and increased purchasing power for the buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The majority of the assigned public schools in the immediate area, including the local elementary and high schools, have low performance ratings, which may be a deterrent for education-focused families.
With three bedrooms but only one bathroom in the main residence, the layout may be challenging for larger households and could impact the home's competitive edge compared to modernized multi-bath properties.
Welcome to this charming 3-bed, 1-bath home in Oakland’s vibrant Fruitvale neighborhood. Warm and full of potential, this home is ready to welcome its next owner. The main home offers comfortable living spaces, natural light, and a layout that’s easy to make your own. Adding incredible value, the property also includes a 1/bd 1/bath ADU perfect for multigenerational living, rental income, or a private workspace. Located near local markets and shops, this home presents a wonderful opportunity for both homeowners and investors looking for flexibility and long-term upside. A versatile property with room to grow; come see the possibilities! Property qualifies for major buyer savings with the Community Advantage Program! 5.75% interest rate, etc.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 1,570 | 1,395 | 67% |
| Lot Size | 3,382 | 4,370 | 21% |
| Price | $650.0K | $600.0K | 56% |
| Price per sq ft | $414 | $432 | 49% |
| Built year | 1923 | 1919 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 119 | 47% |
Feb 21, 2026
$650,000
Initial Listing
Dec 2, 2024
$750,000
Public Record
Dec 4, 2020
$610,000
Public Record
Nov 29, 2018
$500,000
Public Record
Feb 17, 2015
$370,000
Public Record
Nov 18, 2005
$490,000
Public Record