
Oakland, California 94619
This Versatile Multi-Unit Property is a Strong Value Opportunity, listed at $995,000—positioned well below the $1,043,088 Fair Market Value by 4%. This valuation gap offers $48,088 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a permitted lower-level unit, a new furnace, and a sprawling 8,256-square-foot lot. This configuration provides significant income potential or multi-generational flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3842 Enos Ave Subject 4 bd · 2 ba · 1,711 sqft · $610 | $995,000* List Price | 4 | 2 | 1,711 | $610 | - |
A 3824 Enos Ave Sold 3 bd · 2 ba · 1,736 sqft · $691 · 0.0 mi | $1,200,000 | 3 | 2 | 1,736 | $691 | 0.0 mi |
B 4504 Fairbairn Ave Sold 3 bd · 2 ba · 1,535 sqft · $700 · 0.6 mi | $1,075,000 | 3 | 2 | 1,535 | $700 | 0.6 mi |
C 3514 Libby Court Sold 3 bd · 2 ba · 1,600 sqft · $606 · 0.8 mi | $970,000 | 3 | 2 | 1,600 | $606 | 0.8 mi |
D 3264 Madera Ave Sold 3 bd · 2 ba · 1,633 sqft · $459 · 0.5 mi | $749,000 | 3 | 2 | 1,633 | $459 | 0.5 mi |
E 3223 Courtland Ave Sold 4 bd · 2 ba · 1,522 sqft · $542 · 0.6 mi | $825,000 | 4 | 2 | 1,522 | $542 | 0.6 mi |
F 4651 4651 Fair Ave Sold 3 bd · 2 ba · 1,484 sqft · $724 · 0.1 mi | $1,075,000 | 3 | 2 | 1,484 | $724 | 0.1 mi |
G 4484 Tulip Ave Sold 3 bd · 2 ba · 1,764 sqft · $697 · 0.2 mi | $1,230,000 | 3 | 2 | 1,764 | $697 | 0.2 mi |
H 3311 Kingsland Ave Sold 4 bd · 3 ba · 2,028 sqft · $518 · 0.5 mi | $1,050,000 | 4 | 3 | 2,028 | $518 | 0.5 mi |
I 4621 Kaphan Ave Active 3 bd · 2 ba · 1,419 sqft · $669 · 0.2 mi | $949,000 List Price | 3 | 2 | 1,419 | $669 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1940, the property is well-maintained and move-in ready. It features a permitted lower-level unit added in 2012 (12 years ago), a new furnace, and a partially replaced foundation. The kitchens and bathrooms appear updated with modern finishes, and the home has been freshly painted inside and out, meeting the criteria for a well-maintained property with 10-20 year old major renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8256, living area = 1711.
The property features a permitted separate lower-level unit with its own kitchen and entrance, offering excellent versatility for rental income, an au pair suite, or multi-generational living.
Situated on a sprawling 8,256-square-foot lot, the property provides rare outdoor space in the Upper Laurel area, offering significant potential for gardening, entertaining, or further development.
While one side of the foundation has been replaced, the remaining sections of the 1940s structure may require future monitoring or additional investment.
As a home built in 1940, buyers should anticipate ongoing maintenance and potential modernization needs typical of older plumbing and electrical systems.
On a sunny street with sidewalks in the Upper Laurel is 3842 Enos, a 1940s home on an 8,256-square-foot lot. A front garden with perennials and sculptural maples welcomes you to a brick porch. Inside are 3 bedrooms, a bathroom, hardwood floors, a dining room, a large kitchen, and a living room with a big window that lets the afternoon sun pour in. Enjoy a large garage with adjacent storage and interior access, plus a laundry area and extra storage space. This sweet property was Shain and Gabriel's first home, and in 2012 they converted the lower level into a separate, permitted ADU (3840 Enos). The one-bedroom unit has a bathroom, kitchen, and living space, plus a sliding door to the backyard. And what a backyard it is: sprawling! Leave it as is, or create your own outdoor oasis. While the unit was used as a rental, it could serve many needs: an au pair, extended stays for out-of-town family, or a spot for adult children before they leave the nest. Freshly painted inside and out, with a new furnace and one side of the foundation replaced, this property, which has meant so much, was meticulously prepared for the market with great pride of ownership.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,711 | 1,591.405 |
| Lot Size | 8,256 | 5,033.821 |
| Price | $995.0K | $1.04M |
| Price per sq ft | $582 | $611 |
| Built year | 1940 | 1927 |
| HOA | $0 | $227 |
| Days on market | 18 | 36 |
Oct 7, 2026
$995,000
Initial Listing
Dec 22, 2010
$500,000
Public Record
Nov 27, 2002
$399,000
Public Record