
Oakland, California 94605
This Renovated Multi-Generational Home is a High-Potential Investment Opportunity listed at $998,000—positioned well below the $1,019,576 Fair Market Value by 2%. This valuation gap offers $21,576 in Instant Equity. Featuring a Condition Rating of 2, the property boasts a Soapstone Kitchen, a finished basement for a potential ADU, and an Additional Lot for expansion. With San Francisco Bay Views and modern HVAC, this turnkey residence offers both lifestyle and income potential. It is perfectly suited for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6055 6055 Majestic Ave Subject | $998,000* List Price | 5 | 3 | 2,370 | $454 | - |
A 4125 4125 Kuhnle Ave Sold | $850,000 | 4 | 2 | 1,799 | $472 | 0.5 mi |
B 6400 Mokelumne Ave Sold | $830,000 | 3 | 2 | 1,672 | $496 | 0.3 mi |
C 4200 4200 Mountain View Ave Sold | $940,000 | 3 | 2 | 1,806 | $520 | 0.6 mi |
D 7554 Sunkist Dr Sold | $925,000 | 3 | 2 | 1,805 | $512 | 0.9 mi |
E 6941 Outlook Ave Sold | $810,000 | 3 | 2 | 2,041 | $397 | 0.6 mi |
F 3000 56th Ave Pending | $895,000 List Price | 4 | 3 | 2,302 | $389 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1929, the property has undergone an extensive recent renovation within the last 5 years. It features a modern kitchen with new stainless steel appliances and soapstone countertops, fully updated bathrooms with new vanities and tile work, new laminate flooring, and a new HVAC system. The addition of a fully renovated ADU with similar high-end finishes and fresh landscaping confirms the property meets the highest quality standards with no deferred maintenance.
The property includes a fully renovated 2-bedroom Accessory Dwelling Unit (ADU) with its own modern kitchen, providing an excellent opportunity for rental income or multigenerational living.
The home offers stunning, unobstructed views of the San Francisco Bay from the main living areas, a premium feature that significantly enhances the property's desirability and market value.
The sale includes an additional lot, offering rare expansion possibilities, extra privacy, or the potential for future development in a sought-after neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2370, other record living area = 1612. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally built in 1929, the property may require ongoing maintenance or hidden structural upgrades typical of homes from this era, despite the extensive recent renovations.
With five bedrooms split between the main house and ADU on a 5,750 sqft lot, outdoor space and street parking may feel constrained when both units are fully occupied.
BACK ON THE MARKET AT NO FAULT OF SELLER... STUNNING Home with an ADDITIONAL LOT in Oakland's Millsmont Neighborhood! This BEAUTY features rich laminate floors, double pane windows, fresh paint, updated fixtures, and so much more! Marvel at the abundance of charm and natural light upon entering. Living room flows seamlessly with the dining room and offers outside access to Spectacular Views of San Francisco Bay! Kitchen boasts new stainless steel appliances, gorgeous Soapstone counter tops, slim shaker cabinets and a tiled backsplash! Bathrooms have been tastefully renovated with new vanities, mirrors, tiled floors and walls. 3 bedrooms on the main level until you venture downstairs to the Finished Basement where 2 more await. Kitchen has been renovated with white shaker cabinetry, warm quartz counter tops and new stainless steel appliances. Additional perks include a new HVAC system, fresh landscaping, and a possible ADU! Close proximity to parks, schools, restaurants, and more! This gem is truly a MUST-SEE and cannot be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,370 | 1,357 | 93% |
| Lot Size | 5,750 | 5,750 | 50% |
| Price | $998.0K | $730.0K | 84% |
| Price per sq ft | $421 | $516 | 24% |
| Built year | 1929 | 1939 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 174 | 4% |
Mar 4, 2026
$998,000
Initial Listing
May 30, 2024
$425,000
Public Record