2764 78th Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
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2764 78th Ave
Oakland, California 94605
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,059Sq Ft
3,724Lot Size
Property Price
LIST PRICE$498,000
EST. MARKET VALUE
$498,000
SUMMARY
This Strong Value Opportunity is a versatile Single Family Residence listed at $524,999—positioned well below the $552,175 Fair Market Value by 4%. This valuation gap provides $27,176 in Instant Equity. With a Condition Rating of 3, the home features a remodeled kitchen, updated bathrooms, and new flooring. The property offers significant ADU potential via the detached garage and a private primary entrance, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Estimated Market Value
$498,000
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2764 78th Ave Subject 3 bd · 2 ba · 1,059 sqft · $470 | $498,000* List Price | 3 | 2 | 1,059 | $470 | - |
A 2648 77th Ave Sold 3 bd · 2 ba · 1,078 sqft · $556 · 0.2 mi | $599,500 | 3 | 2 | 1,078 | $556 | 0.2 mi |
B 2749 Parker Avenue Sold 3 bd · 1 ba · 1,089 sqft · $533 · 0.0 mi | $580,000 | 3 | 1 | 1,089 | $533 | 0.0 mi |
C 2359 Church Street Sold 2 bd · 1 ba · 1,076 sqft · $418 · 0.7 mi | $450,000 | 2 | 1 | 1,076 | $418 | 0.7 mi |
D 2957 73rd Ave Sold 2 bd · 1 ba · 1,023 sqft · $513 · 0.3 mi | $525,000 | 2 | 1 | 1,023 | $513 | 0.3 mi |
E 8342 Ney Avenue Sold 3 bd · 1 ba · 1,331 sqft · $451 · 0.5 mi | $600,000 | 3 | 1 | 1,331 | $451 | 0.5 mi |
F 7114 Halliday Sold 3 bd · 2 ba · 1,242 sqft · $411 · 0.5 mi | $510,000 | 3 | 2 | 1,242 | $411 | 0.5 mi |
G 7818 Arthur St Sold 2 bd · 1 ba · 1,082 sqft · $481 · 0.6 mi | $520,000 | 2 | 1 | 1,082 | $481 | 0.6 mi |
H 2517 79th Ave Sold 2 bd · 1 ba · 836 sqft · $550 · 0.3 mi | $460,000 | 2 | 1 | 836 | $550 | 0.3 mi |
I 2681 2681 79th Ave Active 2 bd · 2 ba · 1,192 sqft · $402 · 0.2 mi | $479,000 List Price | 2 | 2 | 1,192 | $402 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1923, the property has undergone significant renovations including an updated kitchen with modern cabinetry and stainless appliances, updated bathrooms, and new flooring. With updated windows and a completed sewer lateral, the home is well-maintained and move-in ready, fitting the 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Income & Multigenerational Potential
The primary bedroom's private entrance combined with a detached garage featuring ADU potential offers significant opportunities for rental income or flexible multigenerational living.
- Extensive Modern Upgrades
The home features essential contemporary updates including a remodeled kitchen, updated bathrooms, new flooring, and energy-efficient windows, minimizing immediate move-in costs.
- Ample Private Parking
A long driveway accommodating up to three vehicles plus a gated one-car garage provides rare and secure off-street parking for an urban Oakland setting.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The property is situated within a school district where local elementary, middle, and high schools currently hold low ratings (1-3 range), which may affect appeal for families.
- Compact Living Dimensions
At 1,059 square feet for a three-bedroom, two-bathroom configuration, the interior layout may feel restrictive and offers limited common living space for larger households.
About 2764 78th Ave
Charming Oakland home tucked away on a quiet street with plenty of incredible potential! This well-maintained property features updated bathrooms, new flooring, updated kitchen cabinetry, countertops, appliances, and updated windows throughout. Warm and inviting character shines through with charming knotty pine details that add a unique touch to the home. The spacious primary bedroom offers its own private entrance, creating exciting possibilities for multigenerational living, a private guest suite, or potential rental income. Enjoy a fenced front yard for added privacy and security, plus a detached gated 1-car garage with excellent ADU potential. Long driveway accommodates up to 3 vehicles, offering ample private parking in addition to the garage. Private backyard perfect for entertaining or relaxing. Sewer lateral completed!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 3,724 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Markham Elementary School
Grades K-5 • 0.6 mi
2/10
East Oakland Pride Elementary School
Grades K-5 • 0.6 mi
3/10
Parker Elementary School
Grades K-8 • 0.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,059 | 1,591.405 |
| Lot Size | 3,724 | 5,033.821 |
| Price | $498.0K | $1.04M |
| Price per sq ft | $470 | $611 |
| Built year | 1923 | 1927 |
| HOA | $0 | $227 |
| Days on market | 142 | 36 |
Pricing History
Listed for Sale
Sep 17, 2026
$498,000
$524,999
-5% Price Drop
Initial Listing
Price Change
Jun 4, 2026
$524,999
Initial Listing
Sold
Nov 5, 2020
$475,000
Public Record