3029 Chestnut St, Oakland, California 94608, Oakland, 94608 - 0 bed, 0 bath
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Oakland, California 94608
blue-600 font-bold">Buy-and-Hold Investors
Purple: Owner-Occupants
Correct.
*Final check on the "Required Bold Highlights" again.*
- Asset/Home Classification: **Dual-Residence Residential Property**
- List Price: **$895,000**
- Fair Market Value: **$916,849**
- Equity Amount: **$21,849** (inside span)
- Key Features: **fully renovated 5-bedroom rear home**
- Condition Rating: **Well-Maintained Condition Rating**
- Ideal Buyer Profile: **Buy-and-Hold Investors**, **Owner-Occupants** (inside spans)
Correct.
*Final check on the "The Hook" instruction:*
"Define the property type immediately based on the strategy".
"This **Dual-Residence Residential Property**..." - Done.
*Final check on "The Financials" instruction:*
"Explicitly state the List Price vs. Fair Market Value... Highlight the Instant Equity amount". - Done.
*Final check on "The Experience" instruction:*
"Investor focus: Mention specific renovation potential or rental demand".
"Delivered vacant, this asset allows for immediate market-rate leasing..." - Done.
*Final check on "The Verdict" instruction:*
"Conclude with
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3029 Chestnut St Subject | $895,000* List Price | 0 | 0 | 2,644 | $339 | - |
A 2906 Adeline St Sold | $900,000 | 6 | 4 | 2,840 | $317 | 0.1 mi |
B 4211 Market St Sold | $975,000 | 4 | 2 | 2,995 | $326 | 0.8 mi |
C 1526 32nd St Active | $799,000 List Price | 3 | 3 | 1,847 | $433 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property consists of two detached homes where the larger rear residence has been fully renovated with modern finishes, including new electrical, flooring, and updated kitchen and bathrooms with contemporary fixtures and stainless steel appliances. While the front house is an older 1924 structure that may require some cosmetic updates to match the rear's quality, the overall property is move-in ready, well-maintained, and features significant system upgrades.
The property features two detached single-family homes on one lot, offering a rare configuration that allows for high rental yield or a flexible owner-user setup with a mortgage-offsetting secondary unit.
The rear home has been fully renovated with updated electrical, flooring, and a modern kitchen and bathroom, providing immediate move-in readiness and reducing near-term capital expenditure.
Delivered completely vacant, this property allows an investor to immediately set market-rate rents or an owner-occupant to move in without the legal complexities of tenant relocation.
The majority of assigned public schools in the immediate vicinity have low performance ratings, which may limit the property's appeal to families with school-aged children.
While the rear unit is fully updated, the 1924 front residence lacks mention of similar renovations, suggesting it may require additional investment to match the quality and value of the rear home.
Two-house residential property located in West Oakland. Situated on a 5,280 square foot lot, the property consists of two detached single-family homes totaling 2,644 square feet, offering a rare and functional configuration well-suited for owner-users or investors. Constructed in 1924, the property features two independent residences with separate entrances and clear separation. The front house (3029) is a 3-bedroom / 1-bath single-story residence of approximately 1,050 square feet, while the rear house (3031) is a 5-bedroom / 2-bath residence totaling approximately 1,594 square feet. The rear home has been fully updated with new electrical, flooring, kitchen, and bathroom, and includes a private driveway and garage. The combination of full vacancy, detached residences, and efficient site layout makes this a rarely available offering in West Oakland.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 2-5 • 1.0 mi
Grades PK-3 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 2,644 | 1,438.5 | 89% |
| Lot Size | 5,280 | 4,100 | 84% |
| Price | $895.0K | $910.0K | 42% |
| Price per sq ft | $339 | $634 | 13% |
| Built year | 1924 | 1914 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 168 | 42% |
Feb 20, 2026
$895,000
$995,000
-10% Price Drop
Initial Listing
Jan 5, 2026
$995,000
Initial Listing
Sep 29, 2017
$795,000
Public Record
Oct 21, 2008
$231,500
Public Record
Jan 17, 2003
$267,000
Public Record