
Oakland, California 94619
This 4-bedroom Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $788,000—positioned well below the $817,399 Fair Market Value by 3%. This valuation gap offers $29,399 in Instant Equity. With a Condition Rating of 4, the home features critical infrastructure upgrades like a new subpanel and sewer compliance, while the interior awaits cosmetic modernization. Featuring a spacious 6,688 sqft lot and refurbished deck, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3937 Bayo St Subject 4 bd · 2 ba · 1,344 sqft · $608 | $788,000* List Price | 4 | 2 | 1,344 | $608 | - |
A 2701 Octavia St Sold 3 bd · 1 ba · 1,214 sqft · $535 · 0.9 mi | $650,000 | 3 | 1 | 1,214 | $535 | 0.9 mi |
B 3734 Mcclelland St Sold 2 bd · 1 ba · 1,077 sqft · $669 · 0.6 mi | $720,000 | 2 | 1 | 1,077 | $669 | 0.6 mi |
C 3773 Marion Ave Sold 3 bd · 1 ba · 1,283 sqft · $475 · 0.6 mi | $610,000 | 3 | 1 | 1,283 | $475 | 0.6 mi |
D 4632 Steele Street Sold 3 bd · 2 ba · 1,000 sqft · $625 · 0.5 mi | $625,000 | 3 | 2 | 1,000 | $625 | 0.5 mi |
E 4432 Harbor View Ave Sold 3 bd · 2 ba · 1,613 sqft · $536 · 0.4 mi | $865,000 | 3 | 2 | 1,613 | $536 | 0.4 mi |
F 3754 Enos Ave Sold 2 bd · 1 ba · 1,103 sqft · $589 · 0.5 mi | $650,000 | 2 | 1 | 1,103 | $589 | 0.5 mi |
G 3118 Monticello Ave Sold 3 bd · 2 ba · 1,768 sqft · $499 · 0.7 mi | $883,000 | 3 | 2 | 1,768 | $499 | 0.7 mi |
H 4624 Steele St Pending 3 bd · 2 ba · 1,261 sqft · $634 · 0.5 mi | $799,900 List Price | 3 | 2 | 1,261 | $634 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1924, features a kitchen and bathrooms with oak cabinetry and finishes that appear to be 20-30 years old, fitting the 'dated' criteria. While the home has received critical system updates including a new electrical subpanel and sewer lateral compliance, the interior aesthetics and fixtures require modernization to meet current market standards.
Ideally situated on the border of Upper Laurel and Redwood Heights, providing easy access to the vibrant Laurel District shops, local dining, and the highly-rated Redwood Heights Elementary school.
Key compliance and utility hurdles are already cleared, including sewer lateral and sidewalk compliance, a new electrical subpanel, and EV charger readiness in the garage, saving the buyer substantial upfront costs.
The property features a generous 6,688 sqft lot with a refurbished deck, offering rare space for gardening, entertaining, or potential expansion in a dense urban setting.
The property was recently sold within the past year on 2026-01-29. The sold price is $780,000.00.
As a 1924 build marketed as an opportunity to 'add your style,' the home likely requires additional capital investment for interior updates and modern finishes to reach its full potential.
With 4 bedrooms configured within 1,344 square feet, the individual room sizes or common living areas may feel constrained compared to more modern, open-concept floor plans.
Set along the border of Upper Laurel and Lower Redwood Heights, 3937 Bayo St offers a blend of Oakland character, space, and opportunity. This 4-bedroom, 2-bathroom home features a flexible layout with room to make it your own. Step inside to a welcoming living room accented by charming built-ins. Two bedrooms are located just off the main living space, while down the hall you’ll find an additional bedroom and bathroom. Through the kitchen, another room with an adjoining bathroom provides added flexibility and leads directly to the backyard. Out back, a generous yard and refurbished deck create an inviting extension of the home ready for weekend gatherings, gardening, play, or the outdoor retreat you’ve been envisioning. The location puts you near some of Oakland’s most loved neighborhood pockets. Explore the Laurel District, where local restaurants, coffee shops, neighborhood markets, boutiques, and independent businesses give the area its community feel. Head toward Redwood Heights and the Dimond District for even more dining, shopping, and everyday conveniences, while nearby Fruitvale and Montclair offer additional restaurants, specialty shops, groceries, and local favorites. Several important improvements have already been completed, including a new electrical subpanel, electrical work for an EV charger in the garage, new metal gate, sewer lateral compliance, and sidewalk compliance. With a spacious backyard, nearby neighborhood amenities, and convenient access to other parts of Oakland and the greater Bay Area, this home offers more than just four walls, it’s an opportunity to put down roots in a vibrant Oakland community. Bring your ideas, add your style, and make 3937 Bayo St uniquely yours. Come see the space, explore the neighborhood, and imagine what life here could look like.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,344 | 1,591.405 |
| Lot Size | 6,688 | 5,033.821 |
| Price | $788.0K | $1.04M |
| Price per sq ft | $586 | $611 |
| Built year | 1924 | 1927 |
| HOA | $0 | $227 |
| Days on market | 11 | 36 |
Oct 13, 2026
$788,000
Initial Listing
Jan 29, 2026
$780,000
Public Record
Oct 14, 2004
$558,000
Public Record