
Oakland, California 94601
This Single Family Residence is a Strong Value Opportunity, listed at $474,999—positioned well below the $465,129 Fair Market Value by -2%. Featuring a Condition Rating of 3, the home offers updated mechanicals and a versatile lower-level bonus space. While the school district presents a challenge with lower ratings, the property’s 4,500 sq ft lot and back deck provide significant utility. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, customizable property in Oakland.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5081 Congress Ave Subject | $474,999* List Price | 2 | 1 | 880 | $529 | - |
A 2042 Rosedale Ave. Sold | $430,000 | 2 | 1 | 1,119 | $384 | 0.6 mi |
B 1712 37th Ave Sold | $530,000 | 3 | 1 | 1,015 | $522 | 0.9 mi |
C 2005 2005 36th Avenue Sold | $549,000 | 3 | 2 | 1,210 | $454 | 0.9 mi |
D 3516 Harper St Sold | $450,000 | 2 | 3 | 666 | $676 | 1.0 mi |
E 5432 Bancroft Ave Pending | $435,000 List Price | 3 | 1 | 1,091 | $399 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1923, the home is well-maintained and move-in ready with significant updates including a renovated bathroom with modern fixtures, stone countertops in the kitchen, and newer essential systems like the furnace and water heater.
The lower-level bonus area with an additional bathroom and laundry provides significant functional flexibility for a home office, gym, or guest quarters beyond the primary square footage.
The 4,500 sq ft lot includes a long driveway for ample off-street parking and a spacious backyard with a deck, offering rare outdoor utility for the Oakland market.
The inclusion of a newer furnace and water heater reduces immediate capital expenditure and provides peace of mind regarding the home's essential infrastructure.
At 880 square feet, the main living space is relatively compact, which may challenge buyers looking for larger communal areas or more spacious bedrooms.
The assigned public schools carry low ratings (2/10), which can be a deterrent for families and may impact the property's long-term appreciation potential.
Welcome to 5081 Congress Ave, a charming 1923 single-family home offering character, functionality, and opportunity in Oakland. This 2-bedroom, 1-bath home features 880 sq ft of living space with abundant natural light and an open layout that creates a bright and comfortable flow throughout the home. The kitchen features stone countertops and tiled flooring with plenty of potential to personalize and make your own. The lower-level bonus area provides added flexibility for storage, hobbies, a workout space, or creative use, and includes an additional bathroom, stackable washer and dryer, newer furnace, and newer water heater for added convenience. Step out onto the back deck overlooking the backyard, offering a great space to relax, entertain, or enjoy the outdoor setting. The backyard also includes a storage shed for added functionality. Situated on a 4,500 sq ft lot, the property features a long driveway with ample off-street parking and room to garden or customize over time. This home is a great opportunity for first-time buyers, investors, or anyone looking to add their own style while enjoying classic Oakland charm. Don’t miss the opportunity to make this Oakland gem your own. Schedule a tour today!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 880 | 1,372 | 7% |
| Lot Size | 4,500 | 4,375 | 56% |
| Price | $475.0K | $595.0K | 18% |
| Price per sq ft | $540 | $440 | 75% |
| Built year | 1923 | 1919 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 119 | 5% |
May 18, 2026
$474,999
Initial Listing
Aug 25, 2017
$200,000
Public Record
Dec 28, 2015
$200,000
Public Record
Mar 6, 2009
$150,000
Public Record
Aug 24, 1998
$65,000
Public Record