5227 Locksley Avenue, Oakland, California 94618, Oakland, 94618 - 3 bed, 2 bath
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Oakland, California 94618
This Bay Area Edwardian is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,302,051 Fair Market Value by 1%. This valuation gap offers $7,051 in Instant Equity. With a Condition Rating of 4, the home is well-maintained but dated, presenting significant upside through kitchen and bath modernization. The flexible 3BD++ floorplan includes a primary bedroom deck, separate lower-level entrance, and a rare urban orchard. This is an ideal acquisition for Owner-Occupants seeking a "house-hack" or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5227 Locksley Avenue Subject | $1,295,000* List Price | 3 | 2 | 1,884 | $691 | - |
A 5765 Manila Ave Sold | $1,037,000 | 3 | 2 | 1,599 | $649 | 0.8 mi |
B 484 Forest St Sold | $1,165,000 | 2 | 2 | 1,826 | $638 | 0.4 mi |
C 5357 Bryant Ave Sold | $1,600,000 | 4 | 2 | 2,275 | $703 | 0.4 mi |
D 462 Cavour St Sold | $1,299,000 | 0 | 0 | 2,399 | $541 | 0.0 mi |
E 5446 Shafter Ave Active | $1,449,000 List Price | 5 | 2 | 2,050 | $707 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1904, this Edwardian home is well-maintained but clearly dated. The kitchen features oak cabinetry and white appliances consistent with a renovation from 20-30 years ago. While the hardwood floors and overall structure appear functional, the kitchen and bathrooms require modern updates to move beyond 'Fair' condition.
Ideally situated between the sought-after Rockridge and Temescal neighborhoods, offering exceptional walkability to BART, local dining, and the farmers market.
The '3BD++' layout includes multiple bonus spaces and a separate entrance on the lower level, providing excellent flexibility for home offices, studios, or guest quarters.
The property features a rare urban orchard with mature fruit trees and a trellis-covered backyard, creating a private oasis for gardening and entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1884, other record living area = 1348. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1904, this Edwardian home may necessitate ongoing investment in updating vintage systems or structural elements common in century-old properties.
The separation of bedrooms across the upper and lower floors may be less ideal for buyers seeking a traditional layout with all primary sleeping areas on the same level.
Surrounded by an abundant orchard, this sunny Bay Area Edwardian 3BD++/2.5BA single family home is supremely located in between the Rockridge and Temesca neighborhoods. Built in 1904, the 1884 SQFT home enjoys great indoor/outdoor living and a flexible floorplan with multiple work-from-home possibilities. The main level has wonderful flow where hardwood floors span the bright living and dining rooms, while the kitchen features access to the huge backyard. Enjoy flowers and fruit from the many trees, including plums, figs, apricots and grapefruit. There’s plenty of space to play, garden, relax, and entertain, and a trellis covered with grapevines provides shade. Back inside, two bedrooms are tucked away on the upper level and share a full bath. The deck off of the primary bedroom offers a nice place to unwind. Downstairs, find another roomy bedroom, plus a room with its own backdoor entrance, ready as a guest bedroom or office. Both rooms have multiple windows for great light. The downstairs is complete with laundry, storage, and another flexible space as a potential playroom, studio, or office. Your commute is easy with off-street parking and nearby BART. Out your front door, explore great restaurants, shopping, the local farmers market and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,884 | 2,087.5 | 42% |
| Lot Size | 3,800 | 4,991 | 28% |
| Price | $1.29M | $1.73M | 22% |
| Price per sq ft | $687 | $829 | 25% |
| Built year | 1904 | 1925 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 159 | 2% |
Apr 17, 2026
$1,295,000
Initial Listing
Feb 24, 2006
$359,000
Public Record
Apr 1, 2003
$349,000
Public Record
Jan 31, 2002
$300,000
Public Record