576 57th St., Oakland, California 94609, Oakland, 94609 - 4 bed, 3 bath
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576 57th St.
Oakland, California 94609
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,400Sq Ft
4,840Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$1,199,000
12% BelowMARKET VALUE
SUMMARY
This Turnkey Multi-Unit Residence represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned well below the $1,654,825 Fair Market Value by 27%. This significant valuation gap provides $455,825 in Instant Equity. Featuring a Mint Condition Rating, the property includes a newly remodeled kitchen and a versatile 1BR/1BA ADU. With proximity to top-rated schools like Peralta Elementary and Berkeley High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Estimated Market Value
$1,199,000+$150,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation featuring a newly remodeled kitchen with new cabinetry and appliances, beautifully updated bathrooms, new flooring, and fresh paint throughout, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
The property includes a fully equipped 1BR/1BA ADU with a private kitchen and living area, offering exceptional flexibility for rental income, extended guests, or multigenerational living.
- Modernized Historic Character
This 1935 residence perfectly balances historic charm, such as elevated wood-planked ceilings and hardwood floors, with high-end modern updates including a newly remodeled chef's kitchen and refreshed bathrooms.
- Prime Idora Park Location
Nestled in a coveted and historic neighborhood, the home offers excellent proximity to Bushrod Park and the popular dining and retail corridors of Telegraph and Shattuck Avenues.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1648. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Inconsistent School Ratings
While the area offers access to some high-performing schools, the closest elementary school has a very low rating, which may be a concern for education-focused buyers.
- Compact Outdoor Space
Given the 2,400 square foot interior footprint and 2-car garage, the 4,840 square foot lot provides a relatively modest backyard area for a home of this size.
About 576 57th St.
Discover the perfect blend of historic Oakland charm and modern living in the coveted Idora Park neighborhood! This beautifully updated home offers a spacious 3BR/2BA main residence PLUS an attached 1BR/1BA ADU, providing exceptional versatility for multigenerational living, extended guests, or potential rental income. The main residence welcomes you with a formal living room featuring elevated wood-planked ceilings, a formal dining room with new recessed lighting, and gorgeous hardwood floors throughout. The stunning, newly remodeled kitchen showcases new cabinetry, countertops, flooring, appliances, lighting, and a generous island with bar-top seating, creating the perfect space for everyday living and entertaining. The thoughtfully designed floor plan features a guest bedroom toward the front of the home and two additional bedrooms toward the rear, including a spacious primary suite with a beautifully updated ensuite bath featuring a new walk-in shower, vanity, and lighting. The guest bath has also been refreshed with an updated shower-over-tub surround, fixtures, and vanity. Downstairs, discover the valuable addition of an attached 1BR/1BA ADU, complete with an oversized bedroom, ensuite bath with shower, full kitchen featuring new cabinetry, countertops, and appliances, and a comfortable living room with abundant storage. New flooring, interior paint, recessed lighting, and updated bathroom amenities create a fresh and inviting space with endless possibilities! Outside, enjoy a private backyard oasis featuring flat, level grounds and low-maintenance landscaping, ideal for relaxing, entertaining, or enjoying the outdoors. A 2-car garage adds convenience and valuable storage. Rich in Oakland history and neighborhood character, this exceptional property is nestled in the charming Idora Park neighborhood, once home to the iconic Idora Park amusement park. Enjoy close proximity to Bushrod Park and the vibrant shops, restaurants, and amenities along Telegraph and Shattuck Avenues. A truly special opportunity to enjoy historic charm, modern updates, and flexible living in one of Oakland's hidden gems!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 4,840 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Sankofa Academy
Grades PK-5 • 0.3 mi
1/10
Peralta Elementary School
Grades K-5 • 0.5 mi
8/10
Malcolm X Elementary School
Grades K-5 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,400 | 1,591.405 |
| Lot Size | 4,840 | 5,033.821 |
| Price | $1.05M | $1.04M |
| Price per sq ft | $437 | $611 |
| Built year | 1935 | 1927 |
| HOA | $0 | $227 |
| Days on market | 30 | 36 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,049,000
$1,199,000
-13% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$1,199,000
Initial Listing