5334 E 10th St, Oakland, California 94601, Oakland, 94601 - 3 bed, 2 bath
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Oakland, California 94601
This Updated Victorian Income Property is a Prime Investment Opportunity, listed at $599,000—positioned well below the $629,376 Fair Market Value by 4%. This valuation gap provides $30,376 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled kitchen and a prime corner lot with rare 3+ on-site parking spaces. Despite lower school ratings, the ADU potential and flexible layout offer significant rental upside in the high-demand Melrose neighborhood. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Although originally built in 1910, this Victorian home has undergone an extensive recent renovation that meets modern quality standards. The main kitchen is newly updated with white cabinetry, stainless steel appliances, and contemporary light fixtures. The bathrooms feature modern vanities and clean finishes. Throughout the home, there is new wide-plank flooring, fresh paint, and updated electrical fixtures. The property is in move-in ready condition with no visible deferred maintenance, qualifying it for an excellent rating based on the depth of the recent improvements.
The property features a flexible 3++ bedroom layout with significant upside for rental income, multi-generational living, or ADU expansion on a prime corner lot.
This 1910 Victorian has been beautifully updated with a modern kitchen and sun-filled interiors, offering move-in ready appeal while maintaining its historic character.
Includes rare on-site parking for 3+ vehicles, a highly desirable and scarce amenity in this urban Oakland neighborhood that adds significant convenience and value.
The property is served by local schools with very low performance ratings (ranging from 1 to 3), which may deter families and impact long-term appreciation.
Built in 1910, the home's age may necessitate ongoing specialized maintenance or hidden costs related to aging infrastructure typical of century-old structures.
Rare Opportunity for First-Time Buyers & Savvy Investors! Welcome to this beautifully updated Victorian home featuring 3++ bedrooms, 2 baths, and 1,264 sq ft of bright sun-filled living space on a prime corner lot in the sought-after Melrose neighborhood. Move-in ready with strong income potential, this property offers exceptional upside. The efficient layout and solid structure present a unique opportunity to potentially convert or legalize additional rooms—unlocking significant rental income and boosting overall ROI. Perfect for multi-generational living, co-living, or strategic rental investment, this home provides multiple pathways to long-term value. Enjoy an updated kitchen, abundant natural light, a private fenced yard, and 3+ on-site parking spaces—rare and highly desirable amenities. There’s also exciting potential for an ADU to further expand living space and income opportunities. Ideally located near shopping, cafés, restaurants, BART, public transit, and major highways, this property offers convenience and strong tenant appeal. High demand. Strong upside. Exceptional value. Opportunities like this are increasingly rare—secure it today and capitalize on its full potential!
No exterior & parking available.
Grades 6-8 • 0.9 mi
Grades PK-8 • 1.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,264 | 1,327 | 49% |
| Lot Size | 2,798 | 4,375 | 15% |
| Price | $599.0K | $570.0K | 62% |
| Price per sq ft | $474 | $407 | 64% |
| Built year | 1910 | 1921 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 187 | 2% |
Mar 24, 2026
$599,000
Initial Listing