2901 Sheffield Ave, Oakland, California 94602, Oakland, 94602 - 2 bed, 1 bath
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2901 Sheffield Ave
Oakland, California 94602
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,103Sq Ft
3,120Lot Size
Property Price
LIST PRICE$589,000
EST. MARKET VALUE
$672,250
12% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $589,000—positioned well below the $672,251 Fair Market Value by 12%. This valuation gap offers $83,251 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires a full interior refresh, yet the corner lot and functional layout provide a solid foundation. This is a Fix-and-Flip Investor or Contractor asset ideal for those seeking to build significant value.
Estimated Market Value
$672,250+$83,250 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2901 Sheffield Ave Subject 2 bd · 1 ba · 1,103 sqft · $609 | $589,000* List Price | 2 | 1 | 1,103 | $609 | - |
A 3420 Laguna Ave Sold 2 bd · 1 ba · 1,364 sqft · $381 · 0.6 mi | $520,000 | 2 | 1 | 1,364 | $381 | 0.6 mi |
B 3114 Suter St Sold 3 bd · 2 ba · 1,430 sqft · $465 · 0.7 mi | $665,000 | 3 | 2 | 1,430 | $465 | 0.7 mi |
C 3526 Brighton Avenue Pending 3 bd · 1 ba · 1,480 sqft · $472 · 0.5 mi | $699,000 List Price | 3 | 1 | 1,480 | $472 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1939 with no evidence of recent renovations. The kitchen is highly outdated with original-style cabinetry and worn linoleum, and the interior shows significant age-related wear on hardwood floors and walls. The listing explicitly describes it as a 'refresh' and 'equity builder' opportunity, indicating a need for a full rehab of the kitchen, bath, and likely aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Baja Glenview neighborhood, this property offers excellent proximity to local amenities and a sought-after community atmosphere.
- Significant Equity Potential
The functional layout, corner lot positioning, and unfinished basement space provide a substantial opportunity for buyers to add value and build equity through strategic renovations.
- Classic Architectural Charm
Built in 1939, the home retains timeless character features including original hardwood floors and a fireplace, providing a solid and attractive foundation for a modern refresh.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is marketed as a 'refresh' opportunity, indicating that it requires immediate updates and potential repairs to meet modern living standards.
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the home's utility may be restrictive for some buyers, potentially impacting its competitive edge in the market.
About 2901 Sheffield Ave
A Home with Potential in Desirable Baja Glenview! This two-bedroom, one-bath home offers a wonderful opportunity for buyers looking to build equity and make a home their own. Featuring generous living space, the home includes a formal dining area, an eat-in kitchen, a fireplace that adds character and warmth with hardwood floors throughout. The lower level offers interior access from the kitchen, along with basement space, laundry facilities, direct garage access and an exit to the backyard. Situated on a corner lot, this property offers added potential for improvement and personalization. With a functional layout and the opportunity to update over time, this is an appealing option for buyers seeking a home they can enjoy while making improvements at their own pace.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 3,120 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Fruitvale Elementary School
Grades K-5 • 0.4 mi
4/10
Glenview Elementary School
Grades K-5 • 0.7 mi
5/10
Sequoia Elementary School
Grades K-5 • 0.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,103 | 1,591.405 |
| Lot Size | 3,120 | 5,033.821 |
| Price | $589.0K | $1.04M |
| Price per sq ft | $534 | $611 |
| Built year | 1939 | 1927 |
| HOA | $0 | $227 |
| Days on market | 9 | 36 |
Pricing History
Listed for Sale
Oct 15, 2026
$589,000
Initial Listing