
Oakland, California 94602
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $831,619 Fair Market Value by 15%. This valuation gap offers $132,619 in Instant Equity for buyers capable of managing a full-scale renovation. With a Condition Rating of 6 (gutted to the studs), the property requires significant capital investment. However, the 5,150 sqft lot provides substantial upside for expansion. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a neighborhood with established school infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3700 Laguna Ave Subject | $599,000* List Price | 2 | 1 | 840 | $719 | - |
A 3200 Brookdale Ave Sold | $480,000 | 2 | 1 | 953 | $504 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1921 and over 100 years old with no evidence of recent renovation, this property is currently unlivable. The interior is completely gutted to the studs with missing flooring, no functional kitchen or bathroom, and exposed structural elements, meeting the criteria for a property valued primarily for its land or total reconstruction.
Marketed as a 'Contractor Special,' this fixer-upper presents a prime opportunity for investors or owner-occupants to build substantial equity through a custom renovation.
The 5,150 sqft lot is large for the area, providing ample outdoor space and significant potential for a home expansion or the addition of an Accessory Dwelling Unit (ADU).
Located in a sought-after Oakland pocket near highly-rated schools like Sequoia Elementary and convenient commuter routes, ensuring strong long-term resale value.
The property is sold in 'As-Is' condition and requires significant capital investment to address its current state as a major fixer-upper.
At only 840 square feet, the current living area is quite compact, which may limit its appeal to buyers not looking to undertake a structural expansion.
$100K PRICE DROP. Contractor Special! Incredible Fixer Opportunity in Oakland Unlock the potential of this charming 2-bedroom, 1-bath home situated on a generous lot in a desirable Oakland neighborhood. Whether you’re an investor, contractor, or buyer looking to create your dream home, this property offers an exceptional opportunity to add value. Featuring a functional floor plan, attached garage, and ample outdoor space, the possibilities are endless. Restore its original character, renovate to today’s style, or reimagine the space to maximize its potential. Conveniently located near parks, schools, shopping, dining, and major commuter routes, this is a rare chance to invest in one of Oakland’s established neighborhoods. Property is being sold AS-IS. Bring your vision, tools, and imagination—this is the opportunity you’ve been waiting for!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,630.086 |
| Lot Size | 5,150 | 5,044.686 |
| Price | $599.0K | $1.05M |
| Price per sq ft | $713 | $618 |
| Built year | 1921 | 1927 |
| HOA | $0 | $265 |
| Days on market | 41 | 37 |
Aug 21, 2026
$599,000
$699,000
-14% Price Drop
Initial Listing
Jul 30, 2026
$699,000
Initial Listing
May 30, 2025
$660,000
Public Record