
Oakland, California 94611
This High-Potential Investment Opportunity is listed at $895,000—positioned well below the $1,144,880 Fair Market Value by 21%. This significant valuation gap offers $249,880 in Instant Equity. Featuring a Condition Rating of 3, this move-in ready cottage offers a rare level-in entry, an open floor plan, and filtered Bay views. Its proximity to the Railroad Trail and Montclair Village provides exceptional lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-value asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5970 Rincon Dr Subject 2 bd · 1 ba · 1,192 sqft · $960 | $895,000* List Price | 2 | 1 | 1,192 | $960 | - |
A 1999 Gaspar Dr Sold 1 bd · 2 ba · 1,008 sqft · $942 · 0.3 mi | $950,000 | 1 | 2 | 1,008 | $942 | 0.3 mi |
B 5716 Merriewood Drive Sold 4 bd · 3 ba · 1,538 sqft · $644 · 0.8 mi | $990,000 | 4 | 3 | 1,538 | $644 | 0.8 mi |
C 6401 Snake Road Pending 2 bd · 2 ba · 1,379 sqft · $724 · 0.5 mi | $998,000 List Price | 2 | 2 | 1,379 | $724 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1938 build date, the property is in move-in ready condition with significant updates. The kitchen has been modernized with new appliances and a skylight, and the interior features updated recessed lighting and refinished hardwood floors. While the age of the core systems isn't fully detailed, the visual evidence of the renovation and the 'updated' description align with a well-maintained home renovated within the last 5-15 years.
The rare level-in entry and single-story floor plan offer exceptional accessibility, a highly sought-after feature in the typically steep terrain of the Montclair hills.
The living room opens directly to a level garden, providing a seamless transition for entertaining and a safe, flat outdoor space which is a premium in this neighborhood.
Ideally situated near the Railroad Trail, the property offers convenient pedestrian access to the shops, restaurants, and amenities of Montclair Village.
The single-bathroom configuration may limit the property's appeal to modern buyers or small families who typically expect at least 1.5 to 2 baths at this price point.
Built in 1938, the home may require ongoing maintenance or updates to aging systems common in older cottages that are not explicitly mentioned as modernized.
Light-filled and inviting, this two-bedroom, one-bath Montclair cottage offers a level-in entry, single-level living, and an open floor plan with Bay views. The updated kitchen features new appliances, a skylight, and an adjoining laundry room, while the primary bedroom includes a walk-in closet. The living room opens to a level garden, creating an easy flow for entertaining, gathering with friends, watching children play, or enjoying a quiet afternoon outside. Friendly neighbors add to the welcoming feel, and the nearby Railroad Trail connects to the shops, restaurants, and cafés of Montclair Village.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,192 | 1,591.405 |
| Lot Size | 5,340 | 5,033.821 |
| Price | $895.0K | $1.04M |
| Price per sq ft | $751 | $611 |
| Built year | 1938 | 1927 |
| HOA | $0 | $227 |
| Days on market | 9 | 36 |
Oct 15, 2026
$895,000
Initial Listing
Jul 17, 2018
$1,150,000
Public Record
Oct 16, 2001
$493,500
Public Record