767 47th Street, Oakland, California 94609, Oakland, 94609 - 4 bed, 3 bath
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Oakland, California 94609
This Turnkey Craftsman Residence represents a High-Potential Investment Opportunity, listed at $1,270,000—positioned well below the $1,508,342 Fair Market Value by 15%. This valuation gap provides $238,342 in Instant Equity. Featuring a 2025 complete renovation and a detached income-generating studio, the property holds an Excellent Condition Rating. While the local elementary school rating is low, the home’s proximity to BART and Temescal amenities ensures strong demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 767 47th Street Subject | $1,270,000* List Price | 4 | 3 | 1,851 | $815 | - |
A 673 45th St Sold | $1,277,000 | 4 | 3 | 1,631 | $783 | 0.1 mi |
B 688 688 57th St Sold | $1,150,000 | 3 | 3 | 1,565 | $735 | 0.5 mi |
C 735 735 Apgar St Sold | $1,000,000 | 3 | 2 | 1,530 | $654 | 0.5 mi |
D 680 42nd St Sold | $1,365,000 | 5 | 3 | 2,423 | $563 | 0.2 mi |
E 391 51st St Active | $1,095,000 List Price | 3 | 2 | 1,619 | $676 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete renovation in 2025, including a new roof, updated plumbing, and a fully remodeled kitchen and bathrooms with designer finishes. With all systems and aesthetics updated within the last year, it is in mint, move-in-ready condition requiring no maintenance.
The property underwent a complete top-to-bottom renovation in 2025, including a new roof, updated plumbing, and modern designer finishes, offering a turnkey experience for buyers.
A detached, fully renovated studio with a private entrance, kitchenette, and full bath provides excellent versatility for rental income, a home office, or guest accommodations.
Situated in the highly desirable Lower Temescal neighborhood, the home boasts exceptional proximity to BART, trendy dining, and major commute corridors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1851, other record living area = 1424. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The 3,000 sq. ft. lot is relatively small for the area, which may restrict options for gardening, large pets, or extensive outdoor entertaining.
The assigned elementary school has a low rating of 2/10, which could be a significant drawback for families with young children and may impact long-term appreciation.
Welcome to 767 47th Street, a beautifully updated Craftsman home nestled on a peaceful street in Oaklands desirable Lower Temescal neighborhood. This charming 4-bedroom, 3-bath residence offers 1,851 sq. ft. of thoughtfully designed living space, seamlessly blending timeless character with modern upgrades. All remodeling and renovations were completed in 2025, showcasing quality craftsmanship throughout. The light-filled interior features spacious living and dining areas, a remodeled kitchen with custom cabinetry, stainless steel appliances, and designer finishes. A detached, fully renovated studio with a private entrance, full bath, kitchenette, and mini-split air conditioning system provides excellent flexibility for guests, extended family, or potential rental income. Additional improvements include a new roof, updated plumbing, recessed lighting, fresh interior and exterior paint, refreshed decks, and landscaped outdoor spaces. Conveniently located near Temescal shops, restaurants, BART, parks, and major freeways, this move-in-ready home offers exceptional comfort, style, and versatility.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,851 | 1,587.5 |
| Lot Size | 3,000 | 5,000 |
| Price | $1.27M | $1.06M |
| Price per sq ft | $686 | $623 |
| Built year | 1910 | 1928 |
| HOA | $0 | $338 |
| Days on market | 5 | 35 |
Jul 17, 2026
$1,270,000
Initial Listing
Mar 4, 2025
$790,000
Public Record