5362 Foothill Blvd, Oakland, California 94601, Oakland, 94601 - 2 bed, 1 bath
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Oakland, California 94601
This property presents a Strong Value Opportunity with a List Price of $419,000—positioned well below the $460,268 Fair Market Value by 8%. This valuation gap offers $41,268 in Instant Equity for buyers. With a Condition Rating of 4, the home requires updates to aging systems, yet the 1,248 sq. ft. layout and 5,000 sq. ft. lot provide significant upside. This is a high-potential asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5362 Foothill Blvd Subject | $419,000* List Price | 2 | 1 | 1,248 | $369 | - |
A 5432 Bancroft Ave Sold | $435,000 | 3 | 1 | 1,091 | $399 | 0.1 mi |
B 5465 Holland St Sold | $520,000 | 3 | 1 | 1,332 | $390 | 0.4 mi |
C 2042 Rosedale Ave. Sold | $430,000 | 2 | 1 | 1,119 | $384 | 0.8 mi |
D 1909 51st Avenue Sold | $502,200 | 3 | 1 | 1,492 | $337 | 0.3 mi |
E 1610 52nd Ave Sold | $296,750 | 2 | 1 | 900 | $330 | 0.4 mi |
F 2569 2569 Maxwell Ave Sold | $540,000 | 3 | 1 | 1,674 | $323 | 0.3 mi |
G 2426 38th Ave Active | $499,800 List Price | 2 | 1 | 1,187 | $421 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, the property is functional and move-in ready but significantly dated. The kitchen features tile countertops and cabinetry likely from a 30+ year old renovation, and the exterior shows signs of deferred maintenance such as cracked concrete and aged stucco. While the original hardwood floors are a plus, the home requires updates to major systems and finishes to meet modern standards.
Listed at $419,000, this property offers an exceptionally accessible entry point for the Oakland market, providing significant value for first-time buyers or investors looking for equity growth.
The 1,248 sq. ft. layout includes a versatile bonus room with a window and closet, effectively functioning as a third bedroom, home office, or guest suite to accommodate modern lifestyle needs.
The 5,000 sq. ft. lot features a spacious private backyard and a dedicated storage shed, offering rare urban outdoor space for gardening, entertaining, and additional storage.
The assigned local schools carry low ratings (predominantly 2/10), which may be a concern for families prioritizing academic performance and could impact future resale appeal.
Built in 1922, the home may require significant updates to aging systems such as plumbing, electrical, or roofing, which are common maintenance considerations for century-old properties.
Prime Oakland Location with Flexible Space and Investment Potential. Welcome to 5362 Foothill Blvd, Oakland! Nestled in the established Melrose Heights neighborhood near the Fairfax District, this charming single-family home offers approximately 1,248 sq. ft. of comfortable living space with 2 bedrooms, 1 bathroom, and a versatile bonus room with a window and closet-perfect for a home office, guest room, or creative space. Inside, you'll love the beautiful wood floors, large kitchen with ample space for cooking and gathering, and a well-designed layout that creates a warm, inviting atmosphere. The spacious private backyard provides plenty of room for entertaining, gardening, or relaxing outdoors, while the storage shed adds valuable extra storage space. Conveniently located near neighborhood parks, the Melrose Library, local shopping and dining, AC Transit, and Fruitvale BART, with easy access to the Laurel District, regional parks, and the Oakland waterfront, this home offers both comfort and convenience. Whether you're searching for a place to call home or a great investment opportunity, 5362 Foothill Blvd combines character, flexibility, and potential in a central Oakland location. Don't miss this wonderful opportunity!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-8 • 0.5 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,248 | 1,587.5 |
| Lot Size | 5,000 | 5,000 |
| Price | $419.0K | $1.06M |
| Price per sq ft | $336 | $623 |
| Built year | 1922 | 1928 |
| HOA | $0 | $338 |
| Days on market | 6 | 35 |
Jul 16, 2026
$419,000
Initial Listing
Mar 19, 1998
$72,000
Public Record