
Oakland, California 94611
This Spanish Mediterranean Home represents a High-Potential Investment Opportunity, listed at $748,000—positioned well below the $1,013,498 Fair Market Value by 26%. This significant valuation gap offers $265,498 in Instant Equity. Featuring a Good Condition Rating, the property includes a chef's kitchen, detached studio, and hot tub. With proximity to top-rated Piedmont schools and vibrant urban corridors, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term wealth building in a prime Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 275 Mather St Subject | $748,000* List Price | 2 | 1 | 1,260 | $804 | - |
A 3340 Harrison St Sold | $950,000 | 3 | 2 | 1,568 | $606 | 0.9 mi |
B 3520 Harrison Street Active | $760,000 List Price | 3 | 3 | 1,708 | $445 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1930, the property is well-maintained and move-in ready. The kitchen has been updated with stone countertops and stainless steel appliances (Viking range), and the home features refinished hardwood floors, fresh paint, and new lighting. The renovations appear to be in the 5-15 year range, fitting the 'Good' criteria for a functional, updated character home.
Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
This 1930s Spanish Mediterranean home seamlessly blends original period details like arched doorways and built-ins with high-end modern upgrades, including a chef's kitchen with a Viking range.
The property includes a charming detached studio that provides essential flexible space for a home office, gym, or creative retreat, significantly enhancing the functional square footage.
With only one bathroom serving a 2+ bedroom layout, the home may present functional challenges for growing families or multi-resident households.
The assigned elementary school carries a low rating of 2, which may be a significant concern for buyers prioritizing high-performing local school districts.
THE FEELING: Full of character and rich with 1930s charm, this Spanish Mediterranean pairs original architectural details with thoughtful updates and inviting indoor-outdoor spaces. THE HOME: 2+ bedrooms, 1 bathroom and 1,260± SQFT with bonus detached office. Beautifully refinished hardwood floors, graceful arched doorways, original built-ins, fresh interior and exterior paint, and new lighting throughout. THE HEART: A light-filled living room with large picture windows offers a glimpse across the rooftops toward the Oakland skyline. A fireplace with beautiful tilework anchors the space, while an arched doorway leads to a spacious dining room made for gathering. The updated kitchen features stone countertops, designer tile, stainless steel appliances, a Viking range and a sunny breakfast nook. THE DETAILS: Original built-ins and architectural details bring personality throughout, right down to the wonderfully unexpected drop-down ironing board. The shared bath continues the home’s period character with classic tilework, a pedestal sink and shower over tub. THE BONUS: Just beyond the main house, a charming studio offers a flexible space for a home office, art studio, workout room or creative escape. Downstairs, the basement provides dedicated laundry and additional storage. OUTSIDE: The backyard unfolds into a collection of spaces to enjoy. A brick pathway winds through drought-tolerant landscaping with echinacea, iris and an established fig tree. A deck beneath the pergola, hot tub, dedicated garden bed and detached one-car garage complete the outdoor space. EVERYDAY LIFE: Morning coffee in the breakfast nook. Dinner with friends around the table. A good book beneath the pergola. Fresh figs from the garden. An evening soak in the hot tub. This is a home made for enjoying the little moments. AROUND THE NEIGHBORHOOD: Lively Piedmont Avenue, eclectic Temescal and charming Rockridge are all close by. Grab coffee at Timeless, shop along the Avenue, visit the Temescal Farmers’ Market or head out for dinner at one of the area’s many neighborhood favorites. Lake Temescal and the trails of the Oakland Hills offer an easy escape outdoors. OPEN SAT & SUN
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,260 | 1,630.086 |
| Lot Size | 3,760 | 5,044.686 |
| Price | $748.0K | $1.05M |
| Price per sq ft | $594 | $618 |
| Built year | 1930 | 1927 |
| HOA | $0 | $265 |
| Days on market | 6 | 37 |
Sep 3, 2026
$748,000
Initial Listing
Aug 26, 2019
$637,500
Public Record
Dec 10, 2015
$830,000
Public Record