674 Clara, Oakland, California 94603, Oakland, 94603 - 5 bed, 2 bath
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Oakland, California 94603
This property presents a High-Potential Investment Opportunity with a List Price of $715,000—positioned well below the $729,710 Fair Market Value by 2%. This valuation gap offers $14,710 in Instant Equity. Featuring a Condition Rating of 2, the home includes modern infrastructure upgrades like solar panels and a 400 sq. ft. bonus room/shop on a dual-parcel lot. While school ratings are modest, the property’s turnkey status and expansion potential make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 674 Clara Subject | $799,000* List Price | 5 | 2 | 1,593 | $495 | - |
A 9709 Coral Rd Sold | $635,000 | 3 | 1 | 988 | $643 | 0.6 mi |
B 1123 92nd Sold | $640,000 | 3 | 2 | 1,407 | $455 | 0.7 mi |
C 9404 Dunbar Dr Sold | $740,000 | 3 | 3 | 1,647 | $449 | 0.4 mi |
D 10507 Russet St Sold | $570,000 | 3 | 2 | 1,236 | $461 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (likely <5 years) featuring new interior paint, an upgraded bathroom, and a modern kitchen with stainless steel appliances. Key systems have been modernized with a new electrical panel and solar panels, and the interior shows mint condition with recessed lighting and new flooring throughout.
The property is uniquely situated on two parcels and includes a 400 sq. ft. bonus room/shop, offering significant versatility for future development, ADU potential, or a home-based business.
Equipped with solar panels, a new electrical panel, a new electric garage gate, and updated fencing, the home provides enhanced energy efficiency and security with reduced immediate maintenance needs.
The residence features a refreshed interior with new paint and an upgraded bathroom, providing a move-in-ready experience that appeals to buyers looking for modern aesthetic improvements.
The assigned public schools in the district carry low ratings (ranging from 1 to 3), which may be a significant deterrent for families and could impact long-term appreciation.
Despite the generous square footage and bonus space, the primary living area offers only 2 bedrooms and 1 bathroom, which may limit the buyer pool in this price segment.
Beautifully updated home situated on two parcels with a 400 sq. ft. bonus room/shop! The entire house has been refreshed with new interior paint, an upgraded bathroom, and multiple modern improvements. Property features solar panels, a new electrical panel, new electric garage gate, and a new fence. Plenty of potential with the additional parcel and bonus space—buyer to verify all uses and square footage to their satisfaction. OPEN HOUSE SATURDAY 7/11 @ 11-2PM
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-12 • 0.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,593 | 1,587.5 |
| Lot Size | 6,250 | 5,000 |
| Price | $799.0K | $1.06M |
| Price per sq ft | $502 | $623 |
| Built year | 1952 | 1928 |
| HOA | $0 | $338 |
| Days on market | 48 | 35 |
Jun 24, 2026
$799,000
$715,000
+12% Price Increase
Initial Listing
Jun 4, 2026
$715,000
Initial Listing
Jul 31, 2023
$660,000
Public Record
Dec 22, 2014
$350,000
Public Record
Nov 8, 2012
$139,500
Public Record
Jun 22, 2005
$425,000
Public Record