2764 78th Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
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Oakland, California 94605
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2764 78th Ave Subject | $524,999* List Price | 3 | 2 | 1,059 | $506 | - |
A 2648 77th Ave Sold | $599,500 | 3 | 2 | 1,078 | $556 | 0.2 mi |
B 2749 Parker Avenue Sold | $580,000 | 3 | 1 | 1,089 | $533 | 0.0 mi |
C 2957 73rd Ave Sold | $525,000 | 2 | 1 | 1,023 | $513 | 0.3 mi |
D 2644 77th Ave Sold | $565,000 | 3 | 2 | 1,148 | $492 | 0.2 mi |
E 2427 67th Ave Sold | $652,500 | 3 | 2 | 1,134 | $575 | 1.0 mi |
F 6100 6100 Majestic Ave Sold | $650,000 | 3 | 1 | 1,141 | $570 | 1.0 mi |
G 7114 Halliday Sold | $510,000 | 3 | 2 | 1,242 | $411 | 0.5 mi |
H 2521 2521 80th Ave Sold | $610,000 | 3 | 2 | 1,390 | $439 | 0.2 mi |
I 2681 2681 79th Ave Active | $485,000 List Price | 2 | 2 | 1,192 | $407 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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.
The primary bedroom's private entrance combined with a detached garage featuring ADU potential offers significant opportunities for rental income or flexible multigenerational living.
The home features essential contemporary updates including a remodeled kitchen, updated bathrooms, new flooring, and energy-efficient windows, minimizing immediate move-in costs.
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.
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.
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.
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!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,059 | 1,587.5 |
| Lot Size | 3,724 | 5,000 |
| Price | $525.0K | $1.06M |
| Price per sq ft | $496 | $623 |
| Built year | 1923 | 1928 |
| HOA | $0 | $338 |
| Days on market | 48 | 35 |
Jun 4, 2026
$524,999
Initial Listing
Nov 5, 2020
$475,000
Public Record