5446 Shafter Ave, Oakland, California 94618, Oakland, 94618 - 5 bed, 2 bath
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Oakland, California 94618
This Classic Lower Rockridge Craftsman is a strategic Value-Add Asset located in a premier Oakland corridor. Listed at $1,449,000, the price reflects the stability of this high-demand market relative to its $1,361,498 Fair Market Value. Boasting a Condition Rating of 3, the residence features a modernized kitchen and refinished hardwoods. The expansive 5-bedroom footprint and detached garage offer significant ADU Conversion potential to increase density and ROI, consistent with high-value trends in the subdivision. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5446 Shafter Ave Subject | $1,449,000* List Price | 5 | 2 | 2,050 | $664 | - |
A 6108 Hillegass Ave Sold | $1,775,000 | 5 | 4 | 2,520 | $704 | 0.4 mi |
B 5427 Claremont Avenue Sold | $1,190,000 | 3 | 3 | 2,014 | $591 | 0.3 mi |
C 5357 Bryant Ave Sold | $1,600,000 | 4 | 2 | 2,275 | $703 | 0.3 mi |
D 462 Cavour St Sold | $1,299,000 | 0 | 0 | 2,399 | $541 | 0.4 mi |
E 5451 Lawton Ave Active | $1,195,000 List Price | 3 | 2 | 1,930 | $619 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1912 Craftsman has undergone recent cosmetic renovations including a modern updated kitchen with new cabinetry and countertops, refinished hardwood floors, and fresh interior paint. While the presence of a floor furnace suggests older heating systems and the agent notes 'upside' for further reimagining, the primary living areas are functional, well-maintained, and move-in ready.
Situated in the highly coveted Lower Rockridge neighborhood, this property offers exceptional walkability to College Avenue’s boutique shopping and dining, as well as easy access to BART for seamless commuting.
This 1912 Craftsman boasts a generous 2,050 sqft floor plan with five bedrooms, featuring timeless architectural elements like high ceilings and refinished hardwood floors that provide a strong foundation for a luxury restoration.
The property includes a finished lower level and a detached garage with ADU potential, offering a rare opportunity to increase square footage and rental income in a high-demand market.
With five bedrooms but only two bathrooms, the current configuration may be inconvenient for large families and likely requires a costly layout reconfiguration to meet modern buyer expectations.
Marketed as a 'canvas for reimagining' after being a long-term rental, the home likely requires significant capital investment beyond the recent cosmetic paint and floor updates to modernize its systems and finishes.
Classic Rockridge home close to College Avenue and BART! This Craftsman style home has amazing upside, with its size, classic architecture, high ceilings, hardwood floors, updated eat-in kitchen, finished lower level, private driveway with off-street parking, garage, private rear yard, and proximity to everything. Walk to College Ave. New interior paint, refinished floors, updated kitchen. This was a family home for decades, and was leased for an extended period, so it's ready for a new chapter! This property offers the perfect canvas for someone who wants to make it their own. A rare opportunity to reimagine a property in one of Oakland's most desirable neighborhoods. The garage may offer future ADU possibilities. Buyer to investigate. Offers reviewed Monday 4/27 at 5pm. Seller reserves the right to accept offers at any time.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 2,050 | 2,087.5 | 48% |
| Lot Size | 4,000 | 4,991 | 38% |
| Price | $1.45M | $1.73M | 37% |
| Price per sq ft | $707 | $829 | 32% |
| Built year | 1912 | 1925 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 159 | 2% |
Apr 17, 2026
$1,449,000
Initial Listing