
Oakland, California 94621
This property presents a High-Potential Investment Opportunity with a List Price of $429,000—positioned well below the $328,218 Fair Market Value by -30%. Given the Condition Rating of 6, this asset requires significant structural and interior rehabilitation. The 4,800 sqft lot provides substantial upside for expansion or ADU development. While local school ratings are low, the California First Look Period offers a strategic advantage for specific buyers. This is a high-risk, high-reward acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing extensive renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6225 Tevis St Subject | $429,000* List Price | 2 | 1 | 994 | $330 | - |
A 1061 71st Ave Sold | $360,000 | 2 | 1 | 1,052 | $342 | 0.5 mi |
B 7015 Holly St Active | $500,000 List Price | 2 | 1 | 999 | $501 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1916 (>50 years old) with no evidence of renovation. The property exhibits severe structural and safety issues including significant roof failure, missing flooring/subfloor damage, and a non-functional kitchen with missing cabinetry and exposed plumbing. The listing's presence on an auction site and the 'potential' description further indicate it is likely unlivable in its current state.
Priced at $429,000, this property represents a rare affordable entry point into the Oakland market, offering significant upside potential for those looking to build equity through renovations.
The California First Look Period provides a dedicated window for owner-occupants and nonprofits to bid without competition from institutional investors, increasing the chances of a successful purchase for primary residents.
The 4,800 square foot lot provides ample outdoor space and potential for future expansion or the addition of an Accessory Dwelling Unit (ADU), a valuable asset in high-density urban areas.
The assigned public schools have low ratings ranging from 1 to 3, which may deter families and potentially limit the property's long-term appreciation compared to areas with higher-rated districts.
The requirement to bid via an online auction platform (Xome.com) and the specific 'First Look' timelines introduce complexity and potential uncertainty compared to standard residential real estate transactions.
Good opportunity in an established neighborhood conveniently located with a lot of potential. Property will qualify for California First Look Period: This is an exclusive listing period for purchase by owner-occupant buyers, select nonprofits, governmental entities, and other approved entities. Qualified purchasers can bid on this property by visiting Xome.com. Offers will be accepted by all other buyer types after 30 days starting 10/04/2026 This property has been placed in an upcoming event. All bids should be submitted at Xome.com void where prohibited.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 994 | 1,630.086 |
| Lot Size | 4,800 | 5,044.686 |
| Price | $429.0K | $1.05M |
| Price per sq ft | $432 | $618 |
| Built year | 1916 | 1927 |
| HOA | $0 | $265 |
| Days on market | 5 | 37 |
Sep 4, 2026
$429,000
Initial Listing