2735 Truman, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
Loading property details...
Oakland, California 94605
This Single-Family Residential Asset represents a substantial Value-Add Opportunity for buyers targeting the Oakland market. Listed at $482,500, the property sits above the $409,486 Fair Market Value, yet offers Competitive Investment Pricing for a Spacious Interior Footprint of 1,526 square feet. The Cash Only requirement and Condition Rating 5 status indicate a need for comprehensive rehabilitation of the 1944 structure. Served by the Oakland School District, including Castlemont High, this property with a Lien-Free Transfer is a prime candidate for Fix-and-Flip Investors or Contractors ready to execute a full-scale modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2735 Truman Subject | $482,500* List Price | 3 | 2 | 1,526 | $268 | - |
A 9889 Burr St Sold | $522,000 | 4 | 2 | 2,092 | $250 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944, this property shows significant signs of deferred maintenance and outdated features. The 'Cash Only' requirement is a major indicator of poor condition, suggesting the home likely fails to meet the safety or structural standards required for traditional financing. The kitchen and interior finishes appear original or decades old, requiring a complete rehabilitation to meet modern standards.
Listed at under $500,000 for over 1,500 square feet, this property offers a significant value-add opportunity for investors looking to capture equity in the Oakland market.
With 1,526 square feet of living space, the home provides a more generous layout than many 1940s-era bungalows, offering ample room for modern reconfiguration.
The seller's commitment to paying off taxes, HOA, and municipal/utility liens simplifies the acquisition process and reduces the hidden costs often associated with auction properties.
The 'Cash Only' requirement excludes traditional mortgage buyers, significantly limiting the pool of potential purchasers to investors or well-capitalized buyers.
The property is served by local schools with low performance ratings (ranging from 1 to 4), which may deter families and impact long-term resale desirability.
Great Opportunity to own this single-family home in Oakland, CA. This home was built in 1944 featuring 3 bedrooms and 1.5 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,526 | 1,357 | 58% |
| Lot Size | 4,896 | 5,712 | 34% |
| Price | $482.5K | $730.0K | 15% |
| Price per sq ft | $316 | $516 | 6% |
| Built year | 1944 | 1939 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 174 | 2% |
Mar 16, 2026
$482,500
Initial Listing
Sep 8, 2023
$254,500
Public Record