
Oakland, California 94605
This Single Family Residence presents a Strong Value Opportunity, listed at $499,999—positioned well below the $528,091 Fair Market Value by 5%. This valuation gap offers $28,092 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is move-in ready with dual-pane windows and a versatile lower level, though it offers room for cosmetic updates to kitchen and bath fixtures. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Oakland Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2950 68th Avenue Subject | $499,999* List Price | 3 | 2 | 1,482 | $356 | - |
A 8115 Iris St Sold | $380,000 | 2 | 2 | 1,095 | $347 | 0.8 mi |
B 2407 2407 66th Ave Sold | $450,000 | 2 | 1 | 1,263 | $356 | 0.7 mi |
C 2939 57th Ave Sold | $485,000 | 2 | 1 | 1,122 | $432 | 0.8 mi |
D 8227 Ney Avenue Active Under Contract | $498,000 List Price | 2 | 2 | 1,689 | $295 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1931, the home is move-in ready with recent cosmetic paint and laminate flooring. However, the kitchen cabinetry and bathroom fixtures appear to be 15-25 years old, falling into the 'dated' category. While functional and featuring dual-pane windows, the property lacks modern system overhauls and will require updates to the kitchen and baths to meet current standards.
Priced under $500,000 for a 3-bedroom home in the Oakland Hills, this property offers exceptional value and entry-level accessibility in a high-demand market.
The finished lower level includes an additional room and bathroom with direct backyard access, providing flexible space for a home office, guest suite, or multi-generational living.
Featuring fresh interior paint, dual-pane windows, and a functional kitchen layout, the home is prepared for immediate occupancy, reducing initial renovation costs for the buyer.
The 3,500 square foot lot is relatively small for the area, which may limit outdoor recreational space or future footprint expansion of the residence.
As a 1931 build, the property may necessitate ongoing maintenance or upgrades to older mechanical and structural systems common in homes of this vintage.
Welcome to this charming home in the Oakland Hills, offering 1,482 square feet of living space in a prime location with convenient access to Highways 580, 13, and 880. Freshly painted and move-in ready, this property is an excellent choice for either an owner-occupant or an investor. Features include a spacious kitchen with a gas stove and ample storage, a bright and airy family room, and dual-pane windows. Downstairs, youll find a large laundry room with direct access to the backyard. The lower level also includes an additional room, a bathroom, generous storage space, and a one-car garage. The backyard features a variety of fruit trees. Dont miss this fantastic opportunity to own a home in such a convenient location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,482 | 1,587.5 |
| Lot Size | 3,500 | 5,000 |
| Price | $500.0K | $1.06M |
| Price per sq ft | $337 | $623 |
| Built year | 1931 | 1928 |
| HOA | $0 | $338 |
| Days on market | 6 | 35 |
Jul 16, 2026
$499,999
Initial Listing
Oct 31, 2011
$118,000
Public Record