
Oakland, California 94621
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $388,269 Fair Market Value by -2%. While the property is priced slightly above market, the 1,100 sq. ft. converted garage provides significant value-add potential for rental income or a home office. With a Fair Condition Rating, the home requires modernization to reach its full potential. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a project with substantial usable square footage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7333 Weld St Subject | $399,000* List Price | 2 | 1 | 924 | $420 | - |
A 1715 87th Ave Sold | $318,000 | 2 | 1 | 1,022 | $311 | 0.8 mi |
B 1957 1957 69th Sold | $510,000 | 2 | 1 | 1,072 | $476 | 0.2 mi |
C 1232 78th Ave Sold | $490,000 | 2 | 1 | 960 | $510 | 0.5 mi |
D 1700 64th Ave Sold | $450,000 | 2 | 1 | 1,028 | $438 | 0.7 mi |
E 1061 71st Ave Sold | $360,000 | 2 | 1 | 1,052 | $342 | 0.7 mi |
F 1058 71st Ave Sold | $282,300 | 2 | 1 | 815 | $346 | 0.7 mi |
G 1441 88th Ave Sold | $410,000 | 2 | 1 | 1,192 | $344 | 0.8 mi |
H 1433 87th Ave Sold | $400,000 | 3 | 1 | 1,196 | $334 | 0.8 mi |
I 6921 Morken St Pending | $359,900 List Price | 2 | 1 | 916 | $393 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this 100-year-old property is described as needing 'personal touches' and having 'tremendous potential,' which are industry terms for a dated home requiring modernization. While the layout is functional and hardwood floors are present, the lack of mentioned upgrades to key systems or the kitchen/bath suggests the property is in a dated state consistent with the 'Fair' criteria.
The detached garage has been converted into approximately 1,100 sq. ft. of additional living space, nearly doubling the property's usable square footage for a home office or guest suite.
Listed at $399,000, this property represents a highly accessible entry-level opportunity for first-time buyers or investors within the Oakland market.
This 1923 bungalow retains its original character with classic hardwood floors and a functional layout, providing a solid foundation for cosmetic personalization.
The additional living space in the converted garage is unverified, which may pose challenges regarding permit compliance, zoning, and future resale valuation.
Built in 1923, the home likely requires updates to major systems and modernizing to meet current building standards, potentially increasing the total investment cost.
Charming 2-bedroom, 1-bath bungalow offering a fantastic opportunity for homeowners or investors alike! This home features classic hardwood floors, a functional layout, and a spacious rear yard with plenty of room to relax, garden, or entertain. The detached garage has been converted into additional living space, providing approximately 1,100 sq. ft. of usable space (buyer to verify). Full of character and ready for your personal touches, this property offers tremendous potential. Conveniently located near schools, shopping, public transportation, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 924 | 1,587.5 |
| Lot Size | 3,800 | 5,000 |
| Price | $399.0K | $1.06M |
| Price per sq ft | $432 | $623 |
| Built year | 1923 | 1928 |
| HOA | $0 | $338 |
| Days on market | 16 | 35 |
Jul 6, 2026
$399,000
Initial Listing
Mar 31, 2017
$310,000
Public Record
Jan 2, 2009
$67,000
Public Record
Mar 7, 2003
$232,000
Public Record