
Oakland, California 94602
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $845,000—positioned well below the $1,032,572 Fair Market Value by 18%. This significant valuation gap provides $187,572 in Instant Equity. Featuring a Mint Condition Rating with a modern kitchen and flexible layout, the home includes a versatile bonus room and private patio. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with substantial built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3156 Texas Street Subject | $845,000* List Price | 3 | 3 | 2,125 | $486 | - |
A 3288 School Street Sold | $750,000 | 5 | 3 | 1,636 | $458 | 0.1 mi |
B 2628 School St Pending | $884,000 List Price | 2 | 2 | 2,071 | $427 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1922, the property has undergone a significant modern expansion and high-end renovation. The kitchen features contemporary marble countertops and stainless appliances, and the bathrooms show modern tile work and fixtures consistent with a recent remodel (likely <5 years). The home is in mint, move-in ready condition with updated systems and no visible deferred maintenance.
The 2,125 sqft layout features a large rear addition and a flexible bonus room, offering excellent separation of space ideal for a home office, gym, or potential ADU conversion.
Built in 1922, the home retains its original character while featuring high-end updates, including a kitchen with marble countertops, stainless steel appliances, and a primary suite with a jetted tub.
Situated moments from the popular Dimond and Laurel districts, the property offers high walkability to local cafes and shops alongside convenient access to major commuter routes.
The property has seen a significant price reduction from its original list price and is currently priced well below its 2022 sale price of $1,000,000, which may impact buyer confidence.
While elementary options are fair, the assigned middle and high schools carry low performance ratings, which could be a deterrent for families prioritizing education.
Open House Saturday 1pm - 4pm & Sunday 1 pm - 4pm Spacious 3-bedroom, 3-bathroom home + office offering flexibility and separation of space. A large rear addition expands the living area, adding a family room and upstairs primary suite, while creating a layout suited for independent living or potential ADU use (buyer to verify). Blending timeless character with thoughtful updates, the home features formal living and dining rooms that retain their original charm and flow into an updated kitchen with marble countertops, backsplash, stainless steel appliances, and a breakfast bar. Designed for everyday living and entertaining, the family/media room includes a built-in wine bar and opens through French doors to a versatile bonus room, ideal for a home office, gym, playroom, or studio. The primary suite offers a true retreat with generous closet space and a private bath with jetted tub and separate shower. Additional bedrooms and bathrooms provide flexibility for guests, family, or work-from-home living. Outside, the patio offers a peaceful space for morning coffee or outdoor dining. Near commuter routes and just moments from the shops, cafes, and restaurants of Oaklands Dimond and Laurel districts, this home offers a blend of character, space, and versatility.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,125 | 1,587.5 |
| Lot Size | 3,800 | 5,000 |
| Price | $845.0K | $1.06M |
| Price per sq ft | $398 | $623 |
| Built year | 1922 | 1928 |
| HOA | $0 | $338 |
| Days on market | 7 | 35 |
Jul 16, 2026
$845,000
Initial Listing
Jul 15, 2026
$1,095,000
Initial Listing
Apr 7, 2022
$1,000,000
Public Record