
Oakland, California 94602
This Updated Oakland Residence with ADU is a Prime Investment Opportunity, listed at $1,000,000—positioned well below the $1,033,915 Fair Market Value by 3%. This valuation gap provides $33,915 in Instant Equity. Featuring a Condition Rating of 2, the property includes a modernized kitchen, luxury vinyl flooring, and a detached 500 sq ft ADU for immediate rental income. With a functional basement, one-car garage, and private patio, this turnkey asset balances lifestyle comfort with financial logic. It is perfectly suited for Owner-Occupants or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3626 Midvale Ave Subject | $1,000,000* List Price | 3 | 2 | 1,676 | $617 | - |
A 3288 School Street Sold | $750,000 | 5 | 3 | 1,636 | $458 | 0.4 mi |
B 3357 Jordan Rd Sold | $1,190,000 | 3 | 2 | 1,736 | $685 | 0.6 mi |
C 4019 Rhoda Avenue Sold | $865,000 | 2 | 2 | 1,379 | $627 | 0.7 mi |
D 2941 Madeline St Sold | $905,000 | 2 | 2 | 1,198 | $755 | 0.4 mi |
E 3036 Delaware St Sold | $815,000 | 4 | 3 | 1,334 | $611 | 0.3 mi |
F 3017 3017 Madeline St Active | $1,095,000 List Price | 3 | 2 | 1,661 | $659 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1925, the property has undergone an extensive recent renovation within the last few years. The interior features a fully updated kitchen with new stainless steel appliances (some still with manufacturer stickers), modern shaker cabinetry, and quartz countertops. The home also boasts new luxury vinyl plank flooring, updated LED light fixtures, and a modernized bathroom. The overall condition is move-in ready with no visible deferred maintenance, meeting the criteria for a recently renovated, high-quality property.
The property features a detached 500 sq ft ADU that is currently tenant-occupied, providing immediate rental income or a flexible space for multi-generational living.
The main residence is move-in ready with contemporary upgrades, including luxury vinyl flooring, stainless steel appliances, and a fully updated bathroom with modern finishes.
Unlike many homes of this era, this property includes a functional basement for extra storage and a one-car garage, offering significant practical value.
The main house offers only two bedrooms and one bathroom, which may be a constraint for growing families or buyers seeking more private living space.
While the ADU provides income, the existing tenancy may limit a buyer's ability to immediately use the space for personal needs or set their own rental terms.
Updated home featuring a functional layout and versatile living options. The main residence offers an open living and dining area with luxury vinyl flooring and a cozy fireplace, creating a warm and inviting space. The updated kitchen includes stainless steel appliances, ample cabinetry, and an eat-in dining area for everyday convenience. The home features two bedrooms and one updated bathroom with modern finishes. Additional highlights include a basement for extra storage or potential use and a one-car garage. In the rear of the property, there is an approximately 500 sq ft ADU that is currently tenant-occupied, offering excellent income potential or multi-generational living opportunities. A great opportunity for homeowners or investors seeking a move-in ready property with added flexibility and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,676 | 1,408 | 68% |
| Lot Size | 4,800 | 4,630 | 55% |
| Price | $1.00M | $1.02M | 49% |
| Price per sq ft | $597 | $728 | 30% |
| Built year | 1925 | 1927 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 148 | 2% |
Mar 19, 2026
$1,000,000
Initial Listing