3708 Lyon Ave, Oakland, California 94601, Oakland, 94601 - 2 bed, 2 bath
3708 Lyon Ave
Oakland, California 94601
Property Price
SUMMARY
Analysis of 3708 Lyon Ave, Oakland, California 94601 reveals a Fairly Priced Property with a current list price of $640,000 aligned with the estimated $632,055 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3708 Lyon Ave Subject | $640,000* List Price | 2 | 2 | 1,114 | $567 | - |
A 2016 38th Ave Sold | $555,000 | 3 | 1 | 1,252 | $443 | 0.4 mi |
B 1712 37th Ave Sold | $530,000 | 3 | 1 | 1,015 | $522 | 0.7 mi |
C 2836 Coolidge Avenue Sold | $700,000 | 3 | 1 | 1,193 | $587 | 0.5 mi |
D 2232 Rosedale Ave Sold | $765,000 | 3 | 3 | 1,336 | $573 | 0.3 mi |
E 4207 Aqua Vista St Sold | $580,000 | 2 | 1 | 962 | $603 | 0.3 mi |
F 2700 2700 26th Ave Active | $699,888 List Price | 2 | 2 | 1,154 | $606 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation, transforming the 1912 structure into a turnkey home. It features a modern kitchen with new cabinetry, stylish backsplash, and stainless steel appliances, along with updated bathrooms, new flooring, recessed lighting, and fresh interior/exterior paint. Per the criteria, it qualifies as excellent due to being extensively renovated within the last 5 years with all components meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
- Turnkey Modern Remodel
The property has been extensively updated with a contemporary kitchen, new flooring, recessed lighting, and fresh interior/exterior paint, offering a move-in-ready experience for buyers.
- Expansion & ADU Potential
The inclusion of a large basement and a detached rear structure provides significant opportunities for future square footage expansion or the creation of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-03-24. The sold price is $420,000.00.
- Underperforming Local Schools
The immediate neighborhood schools, including the assigned elementary and high schools, carry low performance ratings, which may impact long-term resale value for families.
- Aged Infrastructure
Originally built in 1912, the property may possess underlying structural or systemic elements typical of its era that require more maintenance than a newer construction despite the cosmetic upgrades.
About 3708 Lyon Ave
Beautifully remodeled in the heart of Oakland! This turnkey 2-bedroom, 2-bathroom + Bonus room/office. Home features an open layout, updated kitchen with countertops, stylish backsplash, new cabinetry, and stainless steel appliances. Modern upgrades throughout include new flooring, recessed lighting, and fresh exterior/interior paint and a large basement. Detached rear structure currently used for storage; potential for future ADU use (buyer to verify). The charming curb appeal is enhanced by a low-maintenance landscaped front yard. Located near shops, dining, and transit. Don’t miss this move-in-ready gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 3,750 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Allendale Elementary School
Grades K-5 • 0.3 mi
Global Family School
Grades K-5 • 0.4 mi
Fruitvale Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,114 | 1,210 | 36% |
| Lot Size | 3,750 | 4,079 | 36% |
| Price | $640.0K | $572.5K | 62% |
| Price per sq ft | $575 | $442 | 80% |
| Built year | 1912 | 1919 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 170 | 12% |
Pricing History
Listed for Sale
Feb 24, 2026
$640,000
$650,000
-2% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$650,000
$660,000
-2% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$660,000
Initial Listing
Sold
Mar 24, 2025
$420,000
Public Record