
Oakland, California 94602
This charming bungalow represents a High-Potential Investment Opportunity, listed at a List Price of $735,000—positioned well below the $880,091 Fair Market Value by 16%. This valuation gap provides $145,091 in Instant Equity. Featuring a Condition Rating of 3, the home offers a refreshed interior with modern kitchen finishes and a spacious deck. The generous 6,000 sqft lot provides significant ADU Potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in the Dimond District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3221 Delaware St Subject | $735,000* List Price | 3 | 2 | 1,117 | $788 | - |
A 2736 Bartlett St Sold | $805,000 | 3 | 1 | 1,156 | $696 | 0.4 mi |
B 2912 Macarthur Blvd Sold | $660,000 | 3 | 2 | 1,297 | $509 | 0.3 mi |
C 4224 Lincoln Ave Sold | $930,000 | 2 | 1 | 1,124 | $827 | 0.9 mi |
D 3114 Suter St Sold | $665,000 | 3 | 2 | 1,430 | $465 | 0.2 mi |
E 3350 Brookdale Ave Sold | $760,000 | 3 | 2 | 1,296 | $586 | 0.4 mi |
F 2596 Macarthur Blvd Sold | $648,500 | 2 | 1 | 920 | $705 | 0.5 mi |
G 3215 Fruitvale Ave Sold | $805,000 | 2 | 1 | 1,285 | $626 | 0.7 mi |
H 2550 Carmel St Sold | $835,000 | 2 | 1 | 1,065 | $784 | 0.7 mi |
I 3300 Wilson Pl Pending | $649,000 List Price | 3 | 2 | 1,136 | $571 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1924, the property has been recently refreshed with new flooring, fresh interior paint, and updated light fixtures. The kitchen features newer appliances and stone countertops, and the overall condition is well-maintained and move-in ready.
The home features a thoughtfully refreshed interior with fresh paint, newer kitchen appliances, and stone countertops, offering a move-in-ready experience for buyers.
Situated on a generous 6,000 sqft lot, the property provides ample outdoor space and significant potential for an Accessory Dwelling Unit (ADU) to increase property value or rental income.
Located in the desirable Dimond District, the property offers excellent proximity to Highway 580, local shopping, dining, and public parks, making it ideal for urban commuters.
With only 1,117 sqft of living space distributed across three bedrooms, the interior layout may feel compact for families or those requiring larger common areas.
Originally built in 1924, the property may require ongoing maintenance or future upgrades to aging systems typical of homes from this era, despite recent cosmetic updates.
Welcome to this charming bungalow, thoughtfully refreshed and updated throughout. Offering three bedrooms, two full bathrooms, and approximately 1117 sq ft of well maintained living space. Freshly painted interior beautifully complement the home's elegant round arches, built-ins in kitchen and dining area, and inviting wood burning fireplace, creating a bright and spacious ambiance. The kitchen features newer appliances, butcher-block and granite countertops, and a convenient food prep area that can also be used for additional storage. Step outside to the backyard, featuring a spacious, comfortable deck, a patio on one side and a generous additional area with a shed. The ample lot may offer potential for an ADU, subject to local approvals and requirements. Conveniently located near parks, schools, colleges, downtown, farmer market, shopping, dining and major commuter routes, including easy access to Highway 580. Your next home awaits you!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,117 | 1,630.086 |
| Lot Size | 6,000 | 5,044.686 |
| Price | $735.0K | $1.05M |
| Price per sq ft | $658 | $618 |
| Built year | 1924 | 1927 |
| HOA | $0 | $265 |
| Days on market | 18 | 37 |
Aug 22, 2026
$735,000
Initial Listing
Dec 9, 2004
$420,000
Public Record