
Oakland, California 94611
This property presents a High-Potential Investment Opportunity with a List Price of $1,080,000—positioned well below the $1,291,765 Fair Market Value by 16%. This valuation gap offers $211,765 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a 9,174 sq. ft. lot with panoramic hillside views and proximity to the highly-rated Thornhill Elementary, this asset is ideal for Fix-and-Flip Investors or Contractors seeking significant value-add potential through a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6151 Valley View Rd Subject | $1,080,000* List Price | 3 | 2 | 1,530 | $844 | - |
A 1700 Woodhaven Way Sold | $952,000 | 2 | 1 | 1,151 | $827 | 0.2 mi |
B 5933 Johnston Dr. Sold | $1,250,000 | 2 | 3 | 1,936 | $646 | 0.8 mi |
C 6729 Thornhill Dr Active | $995,000 List Price | 3 | 2 | 1,977 | $503 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 with no evidence of major renovations, this property is a classic fixer-upper. The kitchen and bathrooms are severely dated with missing cabinetry components, and the interior features worn carpets and original finishes. The listing's explicit warning to 'use caution' when touring and the call for 'vision' and 'imagination' indicate significant deferred maintenance and the need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9174, living area = 1530.
Situated in the desirable Merriewood neighborhood, the property is just 0.3 miles from Thornhill Elementary, a highly-rated school (8/10), making it highly attractive for families.
The property boasts stunning views, providing a scenic backdrop that significantly enhances the long-term value and aesthetic appeal of the home.
The listing indicates a need for significant repairs and advises caution when touring, suggesting substantial immediate capital investment is required to address the property's condition.
While the elementary school is excellent, the assigned middle and high schools have lower ratings (ranging from 2 to 4), which may impact appeal for families with older children.
Bring Your Imagination and Enjoy the View! Opportunity awaits in the desirable Merriewood neighborhood with 3-bedroom, 2-bath home offering approximately 1,530 sq. ft. of living space on a generously sized lot with stunning views and significant upside potential. This property is ready for someone with vision to unlock its possibilities. Whether you’re an owner-occupant looking to create your next home or an investor seeking a property with potential, this is a chance to bring your ideas to life and make it your own. The property offers plenty of possibilities for renovation, improvement. Buyers are encouraged to conduct their own inspections and due diligence to determine the condition of the property and the scope of improvements that may be needed. Use caution when touring the property.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,530 | 1,630.086 |
| Lot Size | 9,174 | 5,044.686 |
| Price | $1.08M | $1.05M |
| Price per sq ft | $706 | $618 |
| Built year | 1965 | 1927 |
| HOA | $0 | $265 |
| Days on market | 5 | 37 |
Sep 4, 2026
$1,080,000
Initial Listing