
Oakland, California 94609
This property presents a High-Potential Investment Opportunity with a List Price of $888,888—positioned well below the $1,044,879 Fair Market Value by 14%. This valuation gap offers $155,991 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the home requires significant system upgrades, yet the 7,500-square-foot lot and versatile floor plan provide immense value-add potential. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in a prime, walkable Oakland location.
Fixer-upper for sale in Oakland 94609. 3-bed, 2-bath home with 7,500 sqft lot. High equity potential, priced below market. Ideal for investors and contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5457 Vicente Way Subject 3 bd · 2 ba · 1,547 sqft · $675 | $888,888* List Price | 3 | 2 | 1,547 | $675 | - |
A 576 57th St Sold 2 bd · 2 ba · 1,648 sqft · $576 · 0.3 mi | $950,000 | 2 | 2 | 1,648 | $576 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900, this property shows significant signs of age with no evidence of recent major renovations. The kitchen features highly dated cabinetry and mismatched appliances, while the presence of wall-mounted electric heaters and exposed wiring indicates a lack of modern central HVAC and electrical systems. The interior requires a full rehab to meet modern safety and aesthetic standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1547.
Situated at the intersection of Temescal and Rockridge, the property offers exceptional walkability to trendy cafes, restaurants, and BART, making it ideal for urban commuters.
The rare 7,500-square-foot lot is significantly larger than average for the area, providing ample space for gardening, recreation, or potential ADU development.
Built in 1900, the residence likely requires significant updates to its core systems and finishes to meet modern efficiency and aesthetic standards.
While the area is served by some high-performing schools, the immediate assigned elementary school has a low rating, which may be a concern for families prioritizing education.
Welcome to 5457 Vicente Way, a charming Oakland residence offering three bedrooms, generous living space, and an expansive 7,500-square-foot lot. The home's comfortable layout provides plenty of room for everyday living, entertaining, and working from home, while the spacious outdoor setting offers exciting possibilities for gardening, recreation, or creating your own private retreat. Upstairs features 2 Bedrooms and 1 bath with a bonus bath. Downstairs features 1 bedroom and 1 bath + bonus bedroom. Conveniently located near the shops, restaurants, and top Cafes of Temescal and Rockridge, with easy access to BART, major commuter routes, and nearby neighborhood amenities. A wonderful opportunity to personalize a well-located home and enjoy the best of Oakland living.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,547 | 1,591.405 |
| Lot Size | 7,500 | 5,033.821 |
| Price | $888.9K | $1.04M |
| Price per sq ft | $575 | $611 |
| Built year | 1900 | 1927 |
| HOA | $0 | $227 |
| Days on market | 37 | 36 |
Sep 17, 2026
$888,888
Initial Listing