
Oakland, California 94619
This High-Potential Investment Opportunity is listed at a List Price of $1,197,000, positioned well below the $1,231,635 Fair Market Value by 2%. This valuation gap provides $34,635 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization of the kitchen and baths. With a spacious 2,509 sqft floor plan, a three-car garage, and a large quarter-acre corner lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is moderate renovation needed.
Built in 1988 (36 years old), this home is exceptionally well-maintained but remains largely dated. The kitchen and bathrooms feature oak cabinetry, fluorescent light boxes, and stone finishes that appear to be 15-25 years old. While functional and move-in ready, the property meets the 'Fair' criteria due to its age and the need for cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10800, living area = 2509.
Situated on a quarter-acre corner lot, the property offers significant outdoor space and enhanced privacy within the desirable Ridgemont subdivision.
Featuring over 2,500 square feet of living space and a rare three-car garage, the home provides a practical floor plan with ample storage and room for entertaining.
Given the 1988 construction and long-term single ownership, the interior likely requires cosmetic updates to the kitchen and bathrooms to align with contemporary design trends.
The $750 association fee adds a notable recurring expense to the monthly carrying costs, which may be a consideration for budget-conscious buyers.
Situated on a quarter acre corner lot, this classic, two-story, Ridgemont home has been lovingly maintained by it's current and only owner. You'll love the spacious rooms in this practical floor plan. Upstairs there are three bedrooms and two baths which includes a large primary suite with a walk-in closet. The main level features a gracious foyer which opens to the eat-in kitchen and formal dining room and living room. When the whole gang is together, enjoy lounging in the family room which opens to the back garden patio. The three car garage offers ample storage space as well as parking. Enjoy the community pool with friends and neighbors! Look no further. This is THE one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,509 | 1,738 | 84% |
| Lot Size | 10,800 | 5,353.5 | 83% |
| Price | $1.20M | $970.5K | 61% |
| Price per sq ft | $477 | $613 | 16% |
| Built year | 1988 | 1937 | 93% |
| HOA | $750.0 | $0 | 97% |
| Days on market | 29 | 122 | 1% |
May 17, 2026
$1,197,000
Initial Listing