3851 Madrone Ave, Oakland, California 94619, Oakland, 94619 - 2 bed, 1 bath
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3851 Madrone Ave
Oakland, California 94619
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,066Sq Ft
3,800Lot Size
Property Price
LIST PRICE$798,999
EST. MARKET VALUE
$802,316
SUMMARY
This Hybrid Residential Property is a Strong Value Opportunity, listed at $699,000—positioned well below the $695,783 Fair Market Value (Note: Market is stable). The property features a Condition Rating of 3, blending 1930s character with modern electrical and dual-pane windows. The 420 sq ft non-conforming unit provides significant versatility for a home office or guest suite. With a private, redwood-framed backyard, this home balances lifestyle appeal with functional potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, well-located Oakland residence.
Estimated Market Value
$802,316
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3851 Madrone Ave Subject | $798,999* List Price | 2 | 1 | 1,066 | $753 | - |
A 4220 Suter St Sold | $650,000 | 2 | 1 | 994 | $654 | 0.6 mi |
B 4241 Suter St Sold | $771,000 | 2 | 2 | 1,100 | $701 | 0.6 mi |
C 4436 Hyacinth Ave Sold | $900,000 | 3 | 1 | 1,166 | $772 | 0.2 mi |
D 3754 Enos Ave Sold | $650,000 | 2 | 1 | 1,103 | $589 | 0.3 mi |
E 3535 Suter St Sold | $670,000 | 2 | 2 | 1,041 | $644 | 0.8 mi |
F 5340 Walnut St Sold | $730,000 | 2 | 1 | 1,138 | $641 | 1.0 mi |
G 4066 4066 Patterson Ave Sold | $850,000 | 2 | 1 | 1,098 | $774 | 0.4 mi |
H 3039 Modesto Ave Sold | $790,000 | 3 | 2 | 1,141 | $692 | 0.7 mi |
I 3714 High St Active | $799,000 List Price | 2 | 1 | 982 | $814 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1937, the property has undergone significant modern updates including updated electrical and dual-pane windows. The kitchen and living areas are well-maintained with refinished hardwoods and functional, refreshed cabinetry, making the home move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Living Space
The property includes an approximately 420 sq ft non-conforming 1-bedroom, 1-bathroom unit, offering excellent versatility for a home office, guest suite, or creative studio.
- Exceptional Outdoor Area
A rare, level, south-facing backyard framed by a mature redwood canopy provides a private, expansive canvas for gardening, entertaining, and peaceful outdoor living.
- Modernized Character
The home seamlessly blends 1930s charm with essential modern updates, including refinished original hardwood floors, dual-pane windows, and updated electrical systems.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1066, other record living area = 961.
- Non-Conforming Square Footage
The additional living space is noted as non-conforming, which may present challenges regarding official permitting, future appraisals, or specific financing requirements.
- Limited Primary Footprint
With only 1,066 sq ft and a single bathroom in the main residence, the interior layout may feel restrictive for growing families or those requiring more primary living space.
About 3851 Madrone Ave
Nestled on the border of Upper Laurel and Redwood Heights, this charming home beautifully blends timeless character with thoughtful modern updates. The main residence offers 2 bedrooms, 1 bathroom, and 1,066 sq ft of inviting living space, where refinished original hardwood floors, abundant natural light, and updated dual-pane windows preserve the home’s classic appeal while enhancing everyday comfort. Recent improvements, including updated electrical, provide added peace of mind while maintaining the warmth and craftsmanship of this classic home. The spacious, south-facing backyard is a rare find—an expansive, level blank canvas perfect for entertaining, gardening, play, or creating your dream outdoor retreat. Framed by a stunning mature redwood canopy, the backyard offers exceptional privacy, natural beauty, and a peaceful setting to enjoy year-round. Adding even more versatility is an approximately 420 sq ft non-conforming 1-bedroom, 1-bath living space, ideal for extended family, guests, a home office, or flexible bonus space. Ideally located on the border of Upper Laurel and Redwood Heights, this home offers the perfect balance of tranquility and convenience, with easy access to neighborhood cafés, shops, parks, commuter routes, and all that Oakland has to offer. A rare opportunity to own a home full of original charm, modern updates, and endless potential in one of Oakland’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 3,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,066 | 1,630.086 |
| Lot Size | 3,800 | 5,044.686 |
| Price | $799.0K | $1.05M |
| Price per sq ft | $750 | $618 |
| Built year | 1937 | 1927 |
| HOA | $0 | $265 |
| Days on market | 41 | 37 |
Pricing History
Listed for Sale
Aug 31, 2026
$798,999
$699,999
+14% Price Increase
Initial Listing
Price Change
Aug 17, 2026
$699,999
$699,000
+0% Price Increase
Initial Listing
Price Change
Jul 30, 2026
$699,000
Initial Listing