
Oakland, California 94618
This 1920s Rockridge Value-Add Asset is listed at $1,175,000, positioned near its $1,137,751 Fair Market Value. Holding a Condition Rating of 4, the residence features original parquet floors and high ceilings but requires a comprehensive kitchen and bath renovation to unlock its full equity potential. The property includes a separate 1-bedroom in-law unit, a 94 Walk Score, and access to the Oakland Unified School District, ensuring strong rental demand and long-term value. This project provides a clear path for forced appreciation in a premier submarket. It is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5108 Coronado Ave Subject | $1,175,000* List Price | 3 | 1 | 1,556 | $731 | - |
A 5765 Manila Ave Sold | $1,037,000 | 3 | 2 | 1,599 | $649 | 0.7 mi |
B 484 Forest St Sold | $1,165,000 | 2 | 2 | 1,826 | $638 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920 and on the market for the first time in 40 years, the property retains significant original character like parquet flooring and built-in bookcases. However, it is functionally outdated; the kitchen features vintage appliances, older cabinetry, and tile work that require a full renovation to meet modern standards. The listing's emphasis on 'unlimited potential' and the need for a 'buyer with vision' to design a dream kitchen and add a second bathroom confirms that while the home is well-maintained, its major systems and finishes are aged and show signs of being outdated.
Boasting a Walk Score of 94, this property is situated on a quiet one-way street just blocks from College Avenue shops, BART, and the Temescal Farmers Market, offering an ideal urban lifestyle.
The home includes a separate 1-bedroom in-law unit and a large basement/garage area, providing excellent opportunities for rental income, a home office, or an art studio.
Built in 1920, the residence features timeless details such as original parquet floors, high ceilings, and built-in bookcases, offering a beautiful canvas for a custom renovation.
The property is being marketed as a project for a 'buyer with vision,' indicating that the kitchen and other major systems likely require substantial investment to meet modern standards.
With only one primary bathroom serving the main living quarters, the current configuration may be a drawback for families and will likely require a layout reconfiguration to add a second bath.
TIMELESS CHARACTER AND UNLIMITED POTENTIAL, an urban oasis, first time on the market in over 40 years. Spacious rooms bathed in natural light, high ceilings, original character just waiting for the Buyer with vision who wants to do it their way! Public rooms with original parquet floors, living room with a wall of built-in bookcases surrounding a stunning fireplace. Design the kitchen of your dreams-the oversized eat-in kitchen with plenty of room could be opened to the dining room or use part of it for a second bath. Two bedrooms with views of the landscaped tropical themed garden. Downstairs you will find a charming 1-bedroom in-law that opens to the private back yard. Large laundry room opens to the garage and basement with enough room for an art studio or workout room. This home has so many possibilities. Located a block of Coronado that is a one-way street. Just a couple of blocks from College Ave shops, grocery stores, freeway access, BART and the popular Temescal Farmers Market. 94 Walk score, “A walkers Paradise”.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 22% |
| Square foot | 1,556 | 2,087.5 | 32% |
| Lot Size | 4,000 | 4,991 | 38% |
| Price | $1.18M | $1.73M | 17% |
| Price per sq ft | $755 | $829 | 47% |
| Built year | 1920 | 1925 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 159 | 3% |
Apr 15, 2026
$1,175,000
Initial Listing