
Oakland, California 94605
This 1927 Value-Add Asset represents a High-Potential Investment Opportunity due to its competitive entry-level pricing in the Oakland market. Listed at $498,800, the property offers a rare three-bedroom footprint positioned near its $453,990 Fair Market Value. Holding a Condition Rating of 5, the residence requires a comprehensive overhaul of its outdated floor furnace and interior finishes. The functional 1,224 sq ft layout and single-car garage provide a significant canvas for forced appreciation through strategic renovation. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2732 60th Avenue Subject | $498,800* List Price | 3 | 1 | 1,224 | $385 | - |
A 2939 57th Ave Sold | $485,000 | 2 | 1 | 1,122 | $432 | 0.3 mi |
B 2407 2407 66th Ave Sold | $450,000 | 2 | 1 | 1,263 | $356 | 0.4 mi |
C 2326 Maywood Ave Sold | $460,000 | 2 | 1 | 1,176 | $391 | 0.8 mi |
D 2830 69th Avenue Active | $478,000 List Price | 2 | 1 | 926 | $516 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927 with no evidence of recent renovations. The home relies on an outdated floor furnace for heating, lacks cooling, and features dated vinyl/linoleum flooring. Given the age of nearly 100 years and the lack of modernized systems or kitchen/bath updates, the property likely requires a full rehab to address aging infrastructure and safety.
Listed at under $500,000, this property represents a rare and highly accessible price point for a three-bedroom single-family home in the Oakland market.
The 1,224-square-foot floor plan provides a practical distribution of space, including a dedicated eat-in kitchen and three bedrooms, suitable for families or rental opportunities.
Built in 1927, the home features classic elements like a fireplace and traditional charm, offering significant value-add potential through thoughtful restoration.
The property relies on an older floor furnace for heating and lacks a cooling system, which may necessitate immediate capital investment for modern HVAC upgrades.
The presence of carpet and vinyl/linoleum flooring suggests the interior finishes are dated and will likely require renovation to meet contemporary buyer expectations.
Welcome to this charming 3-bedroom, 1-bathroom home located in the vibrant city of Oakland. With 1,224 square feet of living space, this residence offers a cozy and functional layout perfect for families or individuals seeking comfort and convenience. The kitchen is equipped with a gas cooktop, ideal for preparing meals with ease. The eat-in kitchen area provides a welcoming space for dining with family and friends. The flooring throughout consists of carpet and vinyl/linoleum, offering both comfort and easy maintenance. Although there is no cooling system, the home is heated with a floor furnace to keep you warm during cooler months. The property also features a fireplace, adding a touch of warmth and ambiance to the living space. Laundry needs are accommodated, ensuring convenience for daily chores. Situated within the Oakland Unified School District, this home is accessible to local schools. A single-car garage provides parking and additional storage. Don't miss the opportunity to make this Oakland home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,224 | 1,390 | 37% |
| Lot Size | 4,400 | 5,664 | 34% |
| Price | $498.8K | $700.0K | 14% |
| Price per sq ft | $408 | $516 | 22% |
| Built year | 1927 | 1938 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 136 | 27% |
Mar 9, 2026
$498,800
Initial Listing