5011 Fairfax Ave, Oakland, California 94601, Oakland, 94601 - 4 bed, 2 bath
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This 1928 residence in the Maxwell Park neighborhood represents a High-Potential Investment Opportunity, listed at $1,000,000—positioned well above the $913,833 Fair Market Value by 9%. With a Condition Rating of 4, the property requires modernization to address its aging systems and dated layout. While the four-bedroom configuration offers high utility, the low-rated local schools and compact living space necessitate a strategic renovation plan. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing value-add improvements to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5011 Fairfax Ave Subject | $1,000,000* List Price | 4 | 2 | 1,301 | $702 | - |
A 2011 2011 Rosedale Ave Active | $759,000 List Price | 3 | 2 | 1,297 | $585 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1928 (96 years old). While the $1M price point in Oakland suggests the home is functional and likely has had some mid-life updates, the lack of documented recent major renovations (<15 years) and the high bed-to-sqft ratio (4 beds in 1,301 sqft) typically indicates a dated layout and aging systems that will require modernization.
Situated in the highly desirable Maxwell Park neighborhood, this property benefits from a sought-after residential atmosphere known for its community feel and long-term value retention.
The four-bedroom configuration provides exceptional versatility for growing families or remote professionals, offering more functional space than many comparable vintage homes in the area.
Built in 1928, this residence likely features the classic character and period details that define Oakland’s historic charm, appealing to buyers seeking an authentic aesthetic.
The assigned public schools for this address have low ratings (2/10), which may be a deterrent for families prioritizing high-performing educational districts.
With 1,301 square feet split among four bedrooms, the individual room sizes and common areas may feel constrained, potentially limiting furniture layouts and perceived spaciousness.
Exceptional opportunity in Oakland. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,301 | 1,361.5 | 44% |
| Lot Size | 4,550 | 4,310 | 60% |
| Price | $1.00M | $597.5K | 94% |
| Price per sq ft | $769 | $442 | 96% |
| Built year | 1928 | 1918 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 125 | 2% |
May 18, 2026
$1,000,000
Initial Listing
May 15, 2026
$100,000
Initial Listing