
Oakland, California 94603
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $577,215 Fair Market Value by 4%. This valuation gap offers $28,215 in Instant Equity. Featuring a Condition Rating of 4, the home includes modern infrastructure like central HVAC and a newer roof, while the converted garage and covered patio provide versatile living space. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 527 Capistrano Subject 3 bd · 1 ba · 1,457 sqft · $396 | $549,000* List Price | 3 | 1 | 1,457 | $396 | - |
A 138 Eldridge Avenue Sold 3 bd · 1 ba · 1,134 sqft · $467 · 0.4 mi | $530,000 | 3 | 1 | 1,134 | $467 | 0.4 mi |
B 331 Stoneford Ave Sold 3 bd · 2 ba · 1,026 sqft · $380 · 0.3 mi | $390,000 | 3 | 2 | 1,026 | $380 | 0.3 mi |
C 9925 Hesket Road Sold 3 bd · 2 ba · 1,680 sqft · $289 · 0.5 mi | $485,000 | 3 | 2 | 1,680 | $289 | 0.5 mi |
D 950 Blenheim St Sold 3 bd · 1 ba · 1,372 sqft · $423 · 0.5 mi | $580,000 | 3 | 1 | 1,372 | $423 | 0.5 mi |
E 9527 Coral Rd Sold 3 bd · 1 ba · 988 sqft · $476 · 0.7 mi | $470,000 | 3 | 1 | 988 | $476 | 0.7 mi |
F 10510 East Court Sold 4 bd · 1 ba · 1,323 sqft · $404 · 0.1 mi | $535,000 | 4 | 1 | 1,323 | $404 | 0.1 mi |
G 603 Almanza Dr Sold 2 bd · 1 ba · 973 sqft · $432 · 0.1 mi | $420,000 | 2 | 1 | 973 | $432 | 0.1 mi |
H 9601 D St Sold 3 bd · 1 ba · 973 sqft · $457 · 1.0 mi | $445,000 | 3 | 1 | 973 | $457 | 1.0 mi |
I 917 107th Avenue Active 3 bd · 2 ba · 1,416 sqft · $388 · 0.5 mi | $549,000 List Price | 3 | 2 | 1,416 | $388 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, the property is well-maintained but dated. While it features essential system upgrades like a newer roof and central HVAC, the interior finishes—including the bathroom vanity, tile work, and flooring—appear to be over 20 years old and require cosmetic modernization.
The property features significant capital improvements including central air conditioning, heating, and a newer roof, providing immediate comfort and reducing potential near-term maintenance costs for the buyer.
The inclusion of a converted garage and a covered backyard area significantly expands the usable square footage, offering flexible options for a home office, gym, or year-round entertaining space.
Priced at $549,000 for a 3-bedroom residence, this home represents a strong value proposition and an accessible entry point into the Oakland real estate market for first-time buyers or investors.
The assigned local schools, specifically the high schools, carry low performance ratings (1-3), which may be a deterrent for families prioritizing education and could impact future resale appreciation.
There is a notable discrepancy between the listing description (1 bath) and the data field (2 baths), which may indicate unpermitted work or require further due diligence regarding the home's official records.
Welcome to 527 Capistrano Drive! This versatile 3-bedroom, 1-bath Oakland home offers valuable updates and flexible living space. Enjoy year-round comfort with central air conditioning and heat, plus a newer roof and security cameras for added peace of mind. The converted garage provides an ideal bonus area for a home office, game room, gym, or additional living space. A covered converted backyard extends the usable space and creates an inviting setting for entertaining or relaxing year-round. Conveniently located near schools, parks, shopping, and everyday amenities, this home combines comfort, flexibility, and opportunity in an established Oakland neighborhood.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,457 | 1,591.405 |
| Lot Size | 4,000 | 5,033.821 |
| Price | $549.0K | $1.04M |
| Price per sq ft | $377 | $611 |
| Built year | 1945 | 1927 |
| HOA | $0 | $227 |
| Days on market | 16 | 36 |
Oct 8, 2026
$549,000
Initial Listing