
Oakland, California 94605
This 1927 Single-Family Residence represents a Strong Value Opportunity with a List Price of $498,800—positioned well below the $532,124 Fair Market Value by 6%. This valuation gap delivers $33,324 in Instant Equity for the incoming owner. Featuring a functional 1,224 sq ft layout with a fireplace and eat-in kitchen, the property holds a Fair Condition Rating, offering substantial upside through cosmetic modernization. Located within the Oakland Unified School District, this is a strategic acquisition for first-time buyers or Buy-and-Hold Investors seeking entry-level affordability.
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 | $435 | - |
A 2407 2407 66th Ave Sold | $450,000 | 2 | 1 | 1,263 | $356 | 0.4 mi |
B 2326 Maywood Ave Sold | $460,000 | 2 | 1 | 1,176 | $391 | 0.8 mi |
C 3388 64th Ave Sold | $500,000 | 3 | 1 | 1,005 | $498 | 0.6 mi |
D 2506 61st Ave Sold | $351,000 | 2 | 1 | 975 | $360 | 0.2 mi |
E 3606 Lundholm Sold | $431,000 | 2 | 1 | 1,254 | $344 | 0.7 mi |
F 7625 7625 Hillside St Active | $449,000 List Price | 3 | 1 | 1,234 | $364 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this property is in functional condition but shows significant signs of age with dated infrastructure. The reliance on a floor furnace for heating, lack of a cooling system, and use of vinyl/linoleum and carpet flooring indicate that while the home has been maintained, it has not undergone a recent comprehensive renovation. It meets the criteria for 'fair' as it is an aged home that is livable but requires cosmetic updates and system modernizations.
Listed at under $500,000, this 3-bedroom single-family home offers an exceptionally accessible price point for the Oakland market, making it an attractive option for first-time buyers or investors.
The 1,224 square foot layout is well-proportioned for a family, featuring a dedicated eat-in kitchen, a cozy fireplace, and a single-car garage for parking and storage.
Built in 1927, this residence possesses classic architectural character and provides a significant opportunity for 'sweat equity' through cosmetic updates and modernization of the vintage finishes.
The property relies on an older floor furnace for heating and lacks a cooling system, which may necessitate immediate capital investment to meet modern comfort standards.
With three bedrooms but only one bathroom, the home's configuration may be a challenge for larger households and could limit its resale appeal compared to homes with multiple bathrooms.
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 | 40% |
| Square foot | 1,224 | 1,357 | 41% |
| Lot Size | 4,400 | 5,712 | 30% |
| Price | $498.8K | $730.0K | 16% |
| Price per sq ft | $408 | $516 | 23% |
| Built year | 1927 | 1939 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 174 | 3% |
Mar 9, 2026
$498,800
Initial Listing