
Oakland, California 94601
This Spacious Multi-Unit Residence represents a Strong Value Opportunity, listed at $879,000—positioned well below the $894,496 Fair Market Value by 1.7%. This valuation gap offers $15,496 in Instant Equity. Featuring a recently renovated main house and a detached ADU, the property boasts a Condition Rating of 2, ensuring a move-in ready experience. With over 3,100 square feet of living space, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a flexible, high-utility living arrangement.
Spacious Oakland home with detached ADU for rental income. Recently renovated, 4 bed/3 bath, 3,176 sqft. Move-in ready, priced below market value. Great investment.
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 | $282 | - |
A 2735 E 11th St Active | $775,000 List Price | 4 | 3 | 2,582 | $300 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1925, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The interior shows new flooring, recessed lighting, and updated bathrooms, making it move-in ready with no immediate maintenance required.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property includes a detached ADU with its own kitchen, bathroom, and private entrance, providing an excellent opportunity for rental income or multigenerational living.
With over 3,100 square feet of living space, including a large functional basement and bonus room, this home offers significantly more interior volume than typical properties in the area.
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.
The majority of the immediate neighborhood public schools carry low performance ratings, which may impact the property's appeal to families prioritizing education.
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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,176 | 1,587.5 |
| Lot Size | 3,558 | 5,000 |
| Price | $879.0K | $1.06M |
| Price per sq ft | $277 | $623 |
| Built year | 1925 | 1928 |
| HOA | $0 | $338 |
| Days on market | 97 | 35 |
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