
Oakland, California 94618
This Shingled Craftsman Home is a High-Potential Investment Opportunity, listed at $1,989,000—positioned well below the $2,468,230 Fair Market Value by 19%. This valuation gap offers $479,230 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a brand-new kitchen, refinished hardwood floors, and a detached flex space. While the basement remains unfinished, the property’s prime Rockridge location and versatile layout make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking significant long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6417 Hillegass Ave Subject 3 bd · 2 ba · 3,041 sqft · $812 | $1,989,000* List Price | 3 | 2 | 3,041 | $812 | - |
A 5690 Ocean View Dr Sold 3 bd · 3 ba · 2,297 sqft · $849 · 0.6 mi | $1,950,000 | 3 | 3 | 2,297 | $849 | 0.6 mi |
B 5552 Broadway Sold 3 bd · 3 ba · 2,294 sqft · $615 · 0.8 mi | $1,410,000 | 3 | 3 | 2,294 | $615 | 0.8 mi |
C 357 Alcatraz Ave Active 5 bd · 3 ba · 2,920 sqft · $747 · 0.1 mi | $2,180,000 List Price | 5 | 3 | 2,920 | $747 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1905, the home has undergone significant recent renovations including a brand-new kitchen with quartz countertops and stainless steel appliances. The interior shows mint condition with refinished hardwood floors, updated stylish bathrooms, and a fully finished detached flex space, meeting the criteria for a high-end renovation under 5 years old.
Situated on a coveted tree-lined street just steps from College Avenue, the property offers exceptional walkability to premier shops and restaurants in one of Oakland's most desirable neighborhoods.
The home sits on a generous 6,500 sqft level lot and includes a separate structure for a workout room or flexible space, providing rare utility and privacy for the area.
This 1905 shingled Craftsman features stunning original details, including leaded glass cabinetry and hardwood floors, complemented by a modern kitchen with quartz countertops.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6500, other record lot size in square feet = 4000.
Given the home's 1905 construction, buyers should anticipate the higher maintenance costs and potential system upgrades often associated with century-old historic residences.
The ample basement is currently unfinished, representing a significant additional capital requirement for buyers looking to fully utilize the home's total square footage potential.
On one of Rockridge’s most coveted tree-lined streets, this shingled Craftsman home sits on a large, level, beautifully landscaped parcel. When you step into the entry hall, you’ll notice a generous living room to your left, with a cozy fireplace and built-in bookshelves. The gracious formal dining room features original built-in cabinetry with leaded glass doors. Hardwood floors run throughout the home. The eat-in kitchen features brand-new stainless steel appliances and quartz countertops. Two spacious bedrooms and a stylish bathroom complete the main level. Upstairs, there is a third bedroom and a second bathroom, as well as a sunroom overlooking the rear garden. But wait, there’s more! A separate structure offers a workout room and flexible space, while an ample unfinished basement provides additional possibilities. Only a stone’s throw from College Avenue’s shops and restaurants, this is the one you’ve been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 3,041 | 1,591.405 |
| Lot Size | 6,500 | 5,033.821 |
| Price | $1.99M | $1.04M |
| Price per sq ft | $654 | $611 |
| Built year | 1905 | 1927 |
| HOA | $0 | $227 |
| Days on market | 10 | 36 |
Oct 14, 2026
$1,989,000
Initial Listing