
Oakland, California 94608
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $565,238 Fair Market Value by 2%. This valuation gap offers $16,238 in Instant Equity. With a Condition Rating of 5, this 1892 Victorian requires a full renovation, yet the large, flat lot provides significant Development Potential for an ADU or expansion. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3513 Adeline St Subject | $549,000* List Price | 3 | 2 | 1,121 | $504 | - |
A 956 53rd St Sold | $565,000 | 2 | 1 | 1,103 | $512 | 0.8 mi |
B 978 43rd St Sold | $497,000 | 1 | 1 | 872 | $570 | 0.6 mi |
C 3326 Chestnut St Active | $699,000 List Price | 4 | 1 | 1,344 | $520 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1892 and off the market for over 50 years, this property is a classic 'fixer upper' in poor condition. The interior shows significant wear including holes in walls, stained carpets, and a severely outdated kitchen with missing appliances. The age of the structure and lack of recent renovations suggest that all major systems (HVAC, electric, plumbing) require a complete overhaul.
The large, flat lot and existing basement offer significant value-add opportunities, including the potential to construct an ADU or raise the house to double the square footage.
Priced competitively for a single-family home in an up-and-coming location, this property offers land ownership and a detached residence without the burden of monthly HOA fees.
This 1892 Victorian gem, on the market for the first time in 50 years, provides a rare blank canvas for buyers looking to restore authentic architectural charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1121, other record living area = 837.
As a 'fixer-upper' in need of significant work, the property will require substantial additional capital and construction expertise to bring it to modern living standards.
The majority of the assigned public schools for this address have low performance ratings, which may impact the property's appeal to families with school-aged children.
Looking for a low-priced single family home in an up and coming location? Why buy a condo for more when you can have your own house with no HOA and a nice lot and your own piece of land? Come check out this fixer upper with high potential in West Oakland near the Emeryville Border. Large lot/backyard with very flat lot to put in anADU or raise the house and double the footprint by turning the basement into a lower level and garage. Bring your vision and dreams and turn this diamond in the rough into your own sparkly Victorian GEM! First time on the market in over 50 years.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 2-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,121 | 1,630.086 |
| Lot Size | 4,305 | 5,044.686 |
| Price | $549.0K | $1.05M |
| Price per sq ft | $490 | $618 |
| Built year | 1892 | 1927 |
| HOA | $0 | $265 |
| Days on market | 20 | 37 |
Aug 20, 2026
$549,000
Initial Listing