3306 Market Street, Emeryville, California 94608, Emeryville, 94608 - 4 bed, 4 bath
3306 Market Street
Emeryville, California 94608
Property Price
SUMMARY
Analysis of 3306 Market Street, Emeryville, California 94608 reveals a Fairly Priced Property with a current list price of $599,999 aligned with the estimated $599,999 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Emeryville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1907 Victorian home presents a significant challenge due to extensive unpermitted renovations in the upstairs and basement, including a converted garage. While some areas show recent cosmetic updates like new laminate flooring and modern shower surrounds, other parts, such as the original hardwood floors and one of the bathrooms, are very dated and show considerable wear. The presence of unpermitted work implies potential underlying issues with safety, structural integrity, or code compliance, requiring substantial repairs and rehabilitation to bring the property up to standard. The overall condition is a patchwork of old and new, with critical legal and structural concerns outweighing the cosmetic improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location & Amenities
Situated on the desirable Oakland/Emeryville border, offering a vibrant neighborhood with convenient access to popular local establishments (Berkeley Bowl, restaurants, breweries), healthcare facilities, and major commuter options (BART, freeways).
- Income-Generating Potential
Features 4 bedrooms, 4 baths, and two kitchens, explicitly noting the possibility for an Accessory Dwelling Unit (ADU) or rental unit, providing potential for additional income or multi-generational living.
- First-Time Buyer Grant
An attractive $18,000 grant is available for first-time buyers, significantly reducing the initial financial burden.
CONSRISKS & DEFICIENCIES
- Unpermitted Renovations
Significant portions of the home, specifically the upstairs and basement (including a converted garage), have been finished without the necessary permits, posing potential legal, safety, and resale challenges.
- Substantial Price Reduction
The property has undergone a significant price reduction from $699,000 to $599,999, which may indicate initial overpricing or underlying issues that warrant further investigation.
- Converted Garage
The garage has been converted, which, in conjunction with the unpermitted work, could lead to a lack of dedicated parking and potential compliance issues.
About 3306 Market Street
$18,000 Grant for first time buyers!! (Grant not a loan)Welcome to a wonderful opportunity to own this wonderful Victorian home on the Oakland/Emeryville (Amazing Location) border offering 4 Bedroom 3 baths, 2 kitchens for possible ADU or Rental unit. Home has over 2000 sq feet of finished living space including the upstairs and the basement (garage has been converted) the upstairs and the basement have been finished without the benefit of a permit. Conveniently located near Berkeley Bowl, Townhouse, Wondrous Brewing, and Cafe Colucci, you're also close to Stanford Health Care, Kaiser Permanente, and major commuter options including BART and freeway access. This North Oakland gem offers comfort and convenience, in a vibrant neighborhood. Seller will carry financing for investors with 35% down!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 3,935 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 2.0 | 86% |
| Square foot | 2,000 | 1,483 | 74% |
| Lot Size | 3,935 | 3,745 | 52% |
| Price | $600.0K | $850.0K | 17% |
| Price per sq ft | $300 | $568 | 10% |
| Built year | 1907 | 1911 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 232 | 170 | 79% |
Pricing History
Listed for Sale
Feb 6, 2026
$599,999
$619,000
-3% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$619,000
$615,000
+1% Price Increase
Initial Listing
Price Change
Sep 10, 2025
$615,000
Initial Listing
Price Change
Jul 18, 2025
$699,000
Initial Listing