
Oakland, California 94619
This 1933 Mediterranean residence presents a Strong Value Opportunity, listed at $620,000—positioned well above the $574,429 Fair Market Value by -7%. Featuring a Condition Rating of 5, this property requires significant capital expenditure to address structural and systemic needs. However, the 1,592 sqft layout, attached two-car garage, and spacious backyard patio provide a solid foundation for value-add renovations. Located in the desirable Maxwell Park neighborhood, this project is best suited for Fix-and-Flip Investors or Contractors capable of restoring its original architectural character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Morcom Ave Subject | $620,000* List Price | 3 | 1 | 1,592 | $361 | - |
A 3508 Morcom Ave Sold | $530,000 | 2 | 2 | 1,412 | $375 | 0.4 mi |
B 3773 Marion Ave Sold | $610,000 | 3 | 1 | 1,283 | $475 | 1.0 mi |
C 4031 Penniman Ave Sold | $450,000 | 4 | 2 | 1,450 | $310 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1933 and marketed as a contractor's special, the home shows significant signs of age and neglect including a vintage kitchen, ancient HVAC/plumbing systems, and visible structural defects such as major floor cracking and peeling ceilings.
This 1933 Mediterranean home features preserved original details like coved ceilings and random-plank hardwood floors, offering significant equity potential for those looking to restore a classic property.
Situated in a highly sought-after neighborhood known for its strong community feel, the property offers excellent proximity to major freeways, public transit, and the Mills College campus.
The home includes a valuable lower-level bonus room, basement storage, and an attached two-car garage, providing rare flexibility and functional square footage for the area.
Marketed as a 'Contractor’s Special' with a vintage kitchen and original systems, the property requires a substantial investment of time and capital to bring it up to modern standards.
The assigned public schools for this address currently hold low ratings (mostly 2/10), which may be a significant drawback for families prioritizing high-performing educational districts.
Contractor’s Special – bring your vision! This is a rare opportunity to transform this 1933 Mediterranean home. Located in the highly sought after Maxwell Park neighborhood which is known for its strong sense of community and friendly neighbors. Offering original architectural detail, generous spaces, and tremendous potential for contractors, renovators & investors to create something uniquely their own. The light-filled living room and dining room feature a coved ceiling, random-plank hardwood floors, and beautiful arches. The vintage kitchen and adjoining breakfast room with built-in cabinets offers a glimpse of the home's original charm. The lower level provides a bonus room, laundry room, basement for storage, and interior access to the attached two-car garage – a valuable combination of space, storage, and flexibility. Step outside to a large patio and spacious backyard just waiting to be landscaped and transformed into your own garden retreat, entertaining space, or outdoor oasis. The Back patio is adjacent to the side of Melrose Leadership Academy, on Brann Street, a popular public school serving TK-8th grade students in Oakland. Conveniently located close to AC and BART, easy access to 580 and 13 freeways. Just minutes away from great shopping, restaurants and the beautiful Mills College/Northeastern campus.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,592 | 1,630.086 |
| Lot Size | 4,662 | 5,044.686 |
| Price | $620.0K | $1.05M |
| Price per sq ft | $389 | $618 |
| Built year | 1933 | 1927 |
| HOA | $0 | $265 |
| Days on market | 28 | 37 |
Aug 12, 2026
$620,000
Initial Listing