
Oakland, California 94601
This Updated Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $879,000—positioned well below the $913,197 Fair Market Value by 3%. This valuation gap offers $34,197 in Instant Equity. Featuring a Move-In Ready Condition Rating, the 3,176 sqft interior boasts a modernized kitchen and a detached 1-bedroom ADU for significant rental upside. With proximity to high-rated schools like Lincoln Middle School, this asset perfectly balances financial logic with residential comfort. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2926 E 22nd Street Subject | $879,000* List Price | 4 | 3 | 3,176 | $288 | - |
A 2735 E 11th St Active | $839,000 List Price | 4 | 3 | 2,582 | $325 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1925, the property has undergone an extensive recent renovation. The interior features a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are fully updated with contemporary tiling and high-end fixtures. The home also boasts new wide-plank flooring, recessed lighting, and fresh paint throughout, meeting current quality standards for a move-in ready residence.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property includes a detached 1-bedroom, 1-bathroom ADU with its own kitchen and private entrance, offering a turnkey opportunity for rental income or multigenerational living.
Boasting over 3,100 square feet of living space, including a functional basement and bonus room, this home provides an exceptional amount of interior room rarely found at this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3558, other record lot size in square feet = 6060. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3176, other record living area = 2400. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3558, living area = 3176.
With a large building footprint on a 3,558 square foot lot, the property offers very little yard or green space for outdoor recreation and gardening.
Transparent Pricing! This charming and spacious home w/ an ADU has been updated and is looking for the next owner. The main house boasts 3 large bedrooms and 2 full baths with a spacious kitchen and separate dining room area. There is also a large functional basement downstairs with it's own bonus room. The ADU in the back consists of 1 bedroom and 1 full bathroom with it's own kitchen and private entrance. Great for large families or those interested in rental income. Must-see to appreciate all the space and updates! Staging was only set up for pictures.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 3,176 | 1,336 | 98% |
| Lot Size | 3,558 | 4,375 | 21% |
| Price | $879.0K | $570.0K | 96% |
| Price per sq ft | $277 | $407 | 11% |
| Built year | 1925 | 1921 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 187 | 2% |
Apr 16, 2026
$879,000
Initial Listing
Apr 19, 2024
$625,000
Public Record
Apr 5, 2013
$254,000
Public Record
Jun 21, 1996
$80,000
Public Record
Jun 21, 1996
$80,000
Public Record