3648 Grand Ave 5, Oakland, California 94610, Oakland, 94610 - 2 bed, 2 bath
3648 Grand Ave 5
Oakland, California 94610
Property Price
SUMMARY
Analysis of 3648 Grand Ave 5, Oakland, California 94610 is currently available with a list price of $365,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this property is well-maintained and move-in ready due to recent cosmetic updates including fresh interior paint, brand-new carpeting, and new vinyl flooring. However, the kitchen and bathrooms remain largely dated, featuring 1990s-style white tile countertops, older white appliances (including an electric coil stove), and original cabinetry. While functional and clean, the core systems and stylistic elements show signs of age and lack the modern renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
- Prime Walkable Location
Situated in the highly desirable Grand Lake neighborhood, this property offers unparalleled access to Lake Merritt, Trader Joe’s, and the Grand Lake Farmers Market, making it ideal for those seeking an urban, walkable lifestyle.
- Move-In Ready Condition
The top-floor unit features fresh interior paint, brand-new carpeting, and updated vinyl flooring, providing a clean and modern aesthetic that allows for immediate occupancy without the need for initial renovations.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $740 is relatively high for a unit of this size (770 sqft), which significantly increases the total monthly carrying costs for the owner.
- Lack of In-Unit Laundry
The absence of in-unit laundry facilities, with the secure laundry room located on the ground level, may be a drawback for buyers prioritizing convenience and modern amenities.
About 3648 Grand Ave 5
Welcome to this charming top-floor 2BR/2BA condo in the highly desirable Grand Lake neighborhood. Bright living areas are filled with natural light and open to a private balcony, perfect for relaxing or enjoying your morning coffee. The home features freshly painted interiors, brand-new carpet in the living areas, and new vinyl flooring in the kitchen and bathrooms. Move-in ready with a functional kitchen and two full baths. Enjoy the convenience of an assigned parking space in a gated lot, plus a secure on-site laundry room on the ground level. Unbeatable location just steps from Trader Joe’s, Lake Merritt, the Grand Lake Farmers Market, Ace Hardware, library, Safeway, Starbucks, and an array of shops and restaurants. Easy access to freeways, San Francisco, and public transportation. Don't miss this one!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 5,940 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $740.0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.8 mi
Piedmont Avenue Elementary School
Grades K-5 • 0.9 mi
Crocker Highlands Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 770 | 948 | 27% |
| Lot Size | 5,940 | 17,192 | 16% |
| Price | $365.0K | $442.5K | 30% |
| Price per sq ft | $474 | $487 | 45% |
| Built year | 1992 | 1971 | 93% |
| HOA | $740.0 | $620 | 68% |
| Days on market | 39 | 187 | 5% |
Pricing History
Listed for Sale
Feb 27, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$375,000
Initial Listing