5010 Manila, Oakland, California 94609, Oakland, 94609 - 3 bed, 3 bath
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5010 Manila
Oakland, California 94609
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,151Sq Ft
2,910Lot Size
Property Price
LIST PRICE$2,295,000
EST. MARKET VALUE
$2,592,480
11% BelowMARKET VALUE
SUMMARY
This Brand-New Custom Residence represents a Strong Value Opportunity, listed at $2,295,000—positioned well below the $2,592,480 Fair Market Value by 11%. This valuation gap provides $297,480 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 2,151 sqft home offers modern open-concept living, a spectacular roof deck with Bay views, and a private patio. Ideally located near Rockridge BART, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a turnkey, high-walkability lifestyle.
Estimated Market Value
$2,592,480+$297,480 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5010 Manila Subject 3 bd · 3 ba · 2,151 sqft · $1,205 | $2,295,000* List Price | 3 | 3 | 2,151 | $1,205 | - |
A 391 51st St Sold 3 bd · 2 ba · 1,619 sqft · $1,035 · 0.1 mi | $1,675,000 | 3 | 2 | 1,619 | $1,035 | 0.1 mi |
B 546 61st St Sold 4 bd · 4 ba · 2,180 sqft · $826 · 0.9 mi | $1,800,000 | 4 | 4 | 2,180 | $826 | 0.9 mi |
C 5956 Canning St Sold 4 bd · 4 ba · 2,481 sqft · $1,149 · 0.8 mi | $2,850,000 | 4 | 4 | 2,481 | $1,149 | 0.8 mi |
D 456 62nd St Sold 4 bd · 2 ba · 1,742 sqft · $1,210 · 0.9 mi | $2,107,000 | 4 | 2 | 1,742 | $1,210 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand-new construction with an estimated completion date in 2026. This custom-quality residence features modern open-concept living, pristine finishes, and brand-new structural and mechanical systems requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Ideally situated at the border of Temescal and Rockridge, the property offers exceptional walkability to Rockridge BART and the premier shopping and dining corridors of College and Telegraph Avenues.
- Modern New Construction
As a rare brand-new 2026 build in an established neighborhood, the home features custom-quality finishes, an open-concept layout, and a spectacular roof deck with views of the Bay.
- Versatile Living Space
The 2,151-square-foot floor plan includes a flexible bonus space and seamless indoor-outdoor flow to a private yard, catering perfectly to modern lifestyle needs and remote work requirements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2910, other record lot size in square feet = 743.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2910, living area = 2151.
- Local School Ratings
The assigned elementary school carries a low rating of 2/10, which may be a deterrent for families prioritizing high-performing public school districts.
About 5010 Manila
Introducing 5010 Manila Avenue, a brand-new, custom-quality residence ideally positioned at the border of Temescal and Rockridge. Spanning approximately 2,151 square feet across three thoughtfully designed levels, the home offers 3 bedrooms plus a flexible bonus space, 2.5 bathrooms, and an attached one-car garage. The open-concept floor plan is designed for effortless modern living, with inviting indoor-outdoor flow, a private yard and patio, and a spectacular roof deck showcasing views of the Bay. Custom-quality finishes and carefully considered architectural details create a refined yet comfortable living experience throughout. Located just minutes from Rockridge BART and the shops, restaurants, and neighborhood favorites along College, Telegraph, and Piedmont Avenues. Estimated to be move-in ready by November 2026, this is a rare opportunity to own a newly constructed home in one of Oaklands most vibrant and walkable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 2,910 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Emerson Elementary School
Grades K-5 • 0.1 mi
2/10
Piedmont Avenue Elementary School
Grades K-5 • 0.6 mi
2/10
Claremont Middle School
Grades 6-8 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,151 | 1,591.405 |
| Lot Size | 2,910 | 5,033.821 |
| Price | $2.29M | $1.04M |
| Price per sq ft | $1.1K | $611 |
| Built year | 2026 | 1927 |
| HOA | $0 | $227 |
| Days on market | 37 | 36 |
Pricing History
Listed for Sale
Sep 17, 2026
$2,295,000
Initial Listing