3151 Texas, Oakland, California 94602, Oakland, 94602 - 2 bed, 1 bath
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Oakland, California 94602
This 1921 Oakland Bungalow represents a High-Potential Investment Opportunity with a List Price of $500,000. While the entry point is stable relative to its $455,682 Fair Market Value, the asset’s primary appeal is its significant Value-Add Potential and Condition Rating of 5. Featuring a 4,400 sqft lot in the desirable Laurel/Upper Peralta Creek area, the residence requires a comprehensive modernization of its century-old systems and finishes. Its proximity to Fruitvale Elementary and major commuter routes like I-580 ensures strong resale demand. This acquisition is perfectly suited for Fix-and-Flip Investors or Contractors looking to capture forced appreciation through a full-scale rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3151 Texas Subject | $500,000* List Price | 2 | 1 | 972 | $469 | - |
A 2715 Macarthur Blvd Sold | $455,000 | 2 | 2 | 1,056 | $431 | 0.3 mi |
B 2801 Bartlett Street Sold | $583,888 | 3 | 1 | 1,264 | $462 | 0.3 mi |
C 2436 Potomac Sold | $525,000 | 3 | 1 | 1,168 | $449 | 0.8 mi |
D 3200 Brookdale Ave Pending | $525,000 List Price | 2 | 1 | 953 | $551 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property exhibits significant deferred maintenance as evidenced by the peeling exterior paint and neglected landscaping. The listing description's focus on 'potential for customization' and its target audience of investors strongly indicates that the interior, including the kitchen, bathroom, and major systems, requires substantial rehabilitation to be considered move-in ready or modern.
Situated in the desirable Laurel/Upper Peralta Creek area, the property offers excellent proximity to I-580, local dining, and shopping, making it highly convenient for commuters.
Priced competitively at $500,000, this classic 1921 bungalow presents a significant opportunity for investors or homeowners to build equity through customization and modernization.
The 4,400 sqft lot provides ample outdoor space for a home of this footprint, offering rare potential for gardening, entertaining, or future expansion in an urban setting.
With only 972 square feet and a single bathroom, the compact layout may be restrictive for growing families or those requiring a dedicated home office.
Built in 1921 and marketed with 'potential for customization,' the property likely requires significant updates to major systems and finishes to meet modern standards.
Charming Oakland bungalow located in the desirable Laurel/Upper Peralta Creek area! This single-family home offers a functional layout, classic architectural character, and a spacious lot. Featuring a bright living area, ample natural light, and great potential for customization, this property is perfect for homeowners or investors alike. Conveniently located near shopping, dining, schools, and major commuter routes including I-580
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 972 | 1,402 | 10% |
| Lot Size | 4,400 | 4,594 | 43% |
| Price | $500.0K | $1.02M | 2% |
| Price per sq ft | $514 | $728 | 13% |
| Built year | 1921 | 1927 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 148 | 1% |
Mar 30, 2026
$500,000
Initial Listing
Apr 25, 1997
$121,000
Public Record