
Oakland, California 94621
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $511,171 Fair Market Value by -4%. While the list price is slightly above the estimated value, the property features a Condition Rating of 2, boasting a complete modern remodel, updated electrical/plumbing, and a tankless water heater. The nearly 4,000 sqft lot offers significant ADU Potential, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with long-term growth capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5533 Edgerly St Subject 2 bd · 1 ba · 854 sqft · $623 | $535,000* List Price | 2 | 1 | 854 | $623 | - |
A 6719 Eastlawn St Sold 3 bd · 1 ba · 1,014 sqft · $503 · 0.7 mi | $510,000 | 3 | 1 | 1,014 | $503 | 0.7 mi |
B 1118 61st Ave Sold 2 bd · 2 ba · 950 sqft · $565 · 0.6 mi | $537,000 | 2 | 2 | 950 | $565 | 0.6 mi |
C 5605 E 16th St Sold 3 bd · 2 ba · 1,139 sqft · $562 · 0.2 mi | $640,000 | 3 | 2 | 1,139 | $562 | 0.2 mi |
D 1151 58th Ave Sold 2 bd · 2 ba · 967 sqft · $558 · 0.5 mi | $540,000 | 2 | 2 | 967 | $558 | 0.5 mi |
E 1433 1433 56th Ave Sold 3 bd · 2 ba · 1,080 sqft · $495 · 0.2 mi | $535,000 | 3 | 2 | 1,080 | $495 | 0.2 mi |
F 1374 62nd Ave Active 3 bd · 2 ba · 762 sqft · $709 · 0.4 mi | $540,000 List Price | 3 | 2 | 762 | $709 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete modern remodel within the last 5 years, featuring a brand new kitchen with shaker cabinets, updated bathroom, and fully upgraded systems including plumbing, electrical, and a tankless water heater.
The home features a complete interior renovation, including a modern kitchen and updated bathroom, offering a move-in-ready experience for first-time buyers.
The property sits on a nearly 4,000 sqft lot with sufficient space to construct an Accessory Dwelling Unit (ADU), providing excellent potential for future value appreciation or rental income.
Significant system upgrades, including new plumbing, electrical, and a tankless water heater, minimize the risk of immediate maintenance costs for the new owner.
The assigned public schools carry low ratings (ranging from 1 to 3), which may be a concern for families and could impact long-term appreciation.
With only 854 square feet of living area, the home's interior footprint is relatively small, which may feel restrictive for buyers needing extra storage or room to grow.
Back on the market. No fault of the sellers. The perfect home for a 1st time buyer looking for enough room to add an ADU in the future. This spacious 2-bedroom 1-bathroom house has been completely remodeled, boasting an open floor plan and a modern, updated kitchen, bathroom, tankless water heater, and updated plumbing and electrical systems. A gas stove will be installed on or before June 10th. If you are looking for space to grow, this property can fit any need you have.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-8 • 0.6 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 854 | 1,591.405 |
| Lot Size | 3,968 | 5,033.821 |
| Price | $535.0K | $1.04M |
| Price per sq ft | $626 | $611 |
| Built year | 1944 | 1927 |
| HOA | $0 | $227 |
| Days on market | 78 | 36 |
Aug 8, 2026
$535,000
Initial Listing
Aug 2, 2024
$300,000
Public Record