
Oakland, California 94602
This 1925 Stucco Bungalow represents a High-Potential Investment Opportunity, listed at $689,000—positioned well below the $817,224 Fair Market Value by 15%. This valuation gap offers $128,224 in Instant Equity. Featuring a Condition Rating of 3, the home includes modernized infrastructure like copper plumbing and a newer HVAC system. With a large unfinished basement and versatile kitchen nook, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through strategic value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3431 Suter St Subject 2 bd · 1 ba · 1,269 sqft · $644 | $689,000* List Price | 2 | 1 | 1,269 | $644 | - |
A 3277 School St Sold 2 bd · 2 ba · 1,342 sqft · $604 · 0.2 mi | $810,000 | 2 | 2 | 1,342 | $604 | 0.2 mi |
B 3350 Brookdale Ave Sold 3 bd · 2 ba · 1,296 sqft · $586 · 0.3 mi | $760,000 | 3 | 2 | 1,296 | $586 | 0.3 mi |
C 3114 Suter St Sold 3 bd · 2 ba · 1,430 sqft · $465 · 0.3 mi | $665,000 | 3 | 2 | 1,430 | $465 | 0.3 mi |
D 3031 Maple Ave Sold 4 bd · 2 ba · 1,526 sqft · $475 · 0.3 mi | $725,000 | 4 | 2 | 1,526 | $475 | 0.3 mi |
E 3137 Pleitner Ave Sold 3 bd · 2 ba · 1,200 sqft · $433 · 0.4 mi | $520,000 | 3 | 2 | 1,200 | $433 | 0.4 mi |
F 3300 Wilson Pl Sold 3 bd · 2 ba · 1,136 sqft · $682 · 0.5 mi | $775,000 | 3 | 2 | 1,136 | $682 | 0.5 mi |
G 2736 Bartlett St Sold 3 bd · 1 ba · 1,156 sqft · $696 · 0.2 mi | $805,000 | 3 | 1 | 1,156 | $696 | 0.2 mi |
H 3215 Fruitvale Ave Sold 2 bd · 1 ba · 1,285 sqft · $626 · 0.8 mi | $805,000 | 2 | 1 | 1,285 | $626 | 0.8 mi |
I 3229 Macarthur Blvd Active 2 bd · 2 ba · 1,170 sqft · $555 · 0.3 mi | $649,000 List Price | 2 | 2 | 1,170 | $555 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1925, the property is in well-maintained, move-in ready condition. It features significant system upgrades including copper plumbing, electrical updates, and a newer HVAC system with medical-grade filtration. The interior shows well with refinished hardwood floors and functional spaces, though the kitchen and bath appear to be older renovations rather than brand new.
This 1925 bungalow retains its original character through period built-ins, hardwood floors, picture rails, and a classic fireplace, offering a warm and authentic aesthetic.
The home features significant mechanical upgrades, including copper plumbing, electrical improvements, and a newer HVAC system equipped with medical-grade air filtration.
A large unfinished basement and a versatile kitchen nook provide excellent opportunities to add value by creating additional living space, an office, or a second bathroom.
The property currently features only one bathroom, which may be a drawback for families or buyers seeking modern convenience and privacy.
While the driveway accommodates three cars, the tandem layout can be less convenient for multi-car households compared to side-by-side parking or a garage.
Charm, Charm, Charm. This stuccoed bungalow feels warm and inviting. There are two generous bedrooms and one bath. You’ll find an abundance of natural light from lovely vintage windows. The kitchen nook can easily be repurposed as an office, an art studio, or converted to a second bath. Large dining room with period built-ins. Hardwood floors throughout. Picture rails, built-ins, a fireplace, and more. From the back stairs you’ll enter the rear yard with a mature fig tree, a sapling grapefruit tree, lawn and a cute cabana for outdoor entertaining. You’ll also find the entrance to the large unfinished basement with so much potential. All the plumbing in the house was replaced with copper. There have been electrical upgrades. There is a newer furnace and air conditioning unit with a medical grade air filtration system. The tandem driveway can accommodate three cars. Close to the Laurel and Dimond district shops and restaurants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,269 | 1,591.405 |
| Lot Size | 3,800 | 5,033.821 |
| Price | $689.0K | $1.04M |
| Price per sq ft | $543 | $611 |
| Built year | 1925 | 1927 |
| HOA | $0 | $227 |
| Days on market | 2 | 36 |
Oct 22, 2026
$689,000
Initial Listing
Jul 9, 2021
$745,000
Public Record