
Oakland, California 94605
This Spacious Tri-Level Residence represents a High-Potential Investment Opportunity, listed at $880,000—positioned above the $751,261 Fair Market Value. While the list price exceeds the current valuation, the property offers significant upside through its 2,800 sq/ft of living space and Versatile Multi-Generational Layout. With a Fair Condition Rating, the newly remodeled basement provides immediate utility for rental income or an in-law suite. Located in Sheffield Village with access to San Leandro Schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3086 Middleton St Subject | $880,000* List Price | 4 | 3 | 1,905 | $394 | - |
A 10768 Sheldon St Sold | $700,000 | 3 | 2 | 1,598 | $438 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property shows a mix of updates. While the basement and one bathroom are newly remodeled, the kitchen is significantly dated with older oak-style cabinetry and flooring. The presence of original single-pane windows and older systems alongside the new basement work places this in the 'Fair' category as it requires further modernization to the primary living spaces.
The tri-level design featuring a newly remodeled walk-out basement with two additional rooms and a bathroom provides excellent potential for rental income, an in-law suite, or a private home office.
Located in the sought-after Sheffield Village, this property offers the unique benefit of access to San Leandro schools and is minutes away from local landmarks like the Oakland Zoo and Dunsmuir House.
Offering over 2,800 square feet of living area, this home provides a significant amount of space for the price point, catering well to large families or those needing extra room to grow.
While some windows have been upgraded to dual-pane, the replacement is not property-wide, which may impact overall energy efficiency and climate control consistency.
There is a notable difference between the 1,905 sq. ft. listed in official records and the 2,800 sq. ft. described, which may require buyers to verify the permit status of the basement improvements.
WOW! MORE than 2800 sq/ft of the living area, Spacious tri-level home located in the highly desirable Sheffield Village neighborhood. This well-designed residence offers exceptional flexibility, with bedrooms and bathrooms thoughtfully positioned on all three levels—ideal for multi-generational living, guest accommodations, or added privacy for work-from-home needs. The main level features a generous living area with abundant natural light, while the walk-out lower level provides multiple rooms of additional living space. The newly remodeled basement is a standout feature, offering a brand-new bathroom and two newly added rooms. This level presents excellent potential for rental income, an in-law suite, or a private home office setup. Residents benefit from access to San Leandro Schools and the San Leandro Library. The home is also conveniently located just minutes from the Oakland Zoo and the historic Dunsmuir House and Gardens. Several windows have been upgraded to dual-pane, providing improved energy efficiency, though not all windows have been replaced. This property combines size, versatility, and location—an outstanding opportunity for buyers seeking space and long-term value in a well-established community.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,905 | 1,630.086 |
| Lot Size | 5,065 | 5,044.686 |
| Price | $880.0K | $1.05M |
| Price per sq ft | $462 | $618 |
| Built year | 1951 | 1927 |
| HOA | $0 | $265 |
| Days on market | 30 | 37 |
Aug 10, 2026
$880,000
Initial Listing
Oct 30, 2020
$950,000
Public Record