2724 2724 E 22nd St, Oakland, California 94601, Oakland, 94601 - 3 bed, 1 bath
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Oakland, California 94601
This Versatile Residential Income Asset is listed at $650,000, representing a stable acquisition positioned near its $629,379 Fair Market Value. Currently maintaining a Fair Condition Rating, the property offers strategic value-add potential through its 3-bedroom main home and detached 1-bedroom ADU. The inclusion of a private patio and proximity to high-performing institutions like Lincoln Middle School (9/10) and Alameda High School (9/10) enhances long-term market stability. This is an ideal match for Owner-Occupants seeking rental offsets or Buy-and-Hold Investors targeting the vibrant Fruitvale neighborhood.
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 | $398 | - |
A 1822 40th Ave Sold | $545,000 | 4 | 2 | 1,600 | $341 | 0.8 mi |
B 2819 E 23rd Street Sold | $565,000 | 3 | 2 | 1,781 | $317 | 0.1 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 3300 E 17th St Sold | $500,000 | 4 | 2 | 1,647 | $304 | 0.4 mi |
F 1712 37th Ave Sold | $530,000 | 3 | 1 | 1,015 | $522 | 0.7 mi |
G 4019 E 16th St Active | $549,000 List Price | 3 | 2 | 1,468 | $374 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is well-maintained and functional but shows signs of being outdated, as evidenced by the listing's emphasis on 'potential' and being 'easy to make your own.' While the exterior and hardwood floors appear to be in decent condition, the lack of recent major renovations to the kitchen and the 3-to-1 bedroom-to-bathroom ratio align with the 'Fair' criteria for an aged home requiring minor updates.
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 value, offering opportunities for rental income, multigenerational living, or a private home office.
With a spacious 1,570 sqft layout and a list price positioned below its most recent sale price, this property offers significant upside for investors or buyers looking to build equity.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The main residence contains three bedrooms but only one bathroom, which may present a functional challenge for larger families or modern buyer preferences.
The majority of the immediate neighborhood public schools are rated 2 out of 10, which could be a deterrent for families with school-aged children.
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 | 40% |
| Square foot | 1,570 | 1,336 | 68% |
| Lot Size | 3,382 | 4,375 | 19% |
| Price | $650.0K | $570.0K | 64% |
| Price per sq ft | $414 | $407 | 55% |
| Built year | 1923 | 1921 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 187 | 9% |
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