
Oakland, California 94605
This property presents a Strong Value Opportunity with a List Price of $325,000—positioned well below the $342,862 Fair Market Value by 5%. This valuation gap offers $17,862 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a detached garage and utility basement, the home provides a solid foundation for value-add renovations. While local school ratings are low, the property remains a compelling asset for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8115 Iris St Subject | $325,000* List Price | 2 | 2 | 1,095 | $280 | - |
A 7625 7625 Hillside St Sold | $330,000 | 3 | 1 | 1,234 | $267 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and explicitly marketed as a fixer-upper, the home features a kitchen and bathroom with 'retro' finishes that appear to be 40-50 years old. The presence of original hardwood floors in need of refinishing, dated wood paneling, and the lack of recent system updates necessitate a full rehabilitation to meet modern standards.
This 1925 bungalow retains significant original character, including hardwood floors, a vintage tiled fireplace, and a unique retro kitchen with a built-in diner booth, offering a solid foundation for a stylish restoration.
Priced competitively at $325,000, this property represents a rare entry-level opportunity in the Oakland market, making it an ideal candidate for a fix-and-flip or a value-add long-term investment.
The inclusion of a detached garage, a utility basement for storage or projects, and a dedicated laundry room provides functional space that maximizes the property's 1,095 square foot footprint.
Marketed as a fixer-upper, the home requires a comprehensive modernization and restoration, which will necessitate a significant additional capital investment for repairs and upgrades.
The property is served by local schools with low performance ratings (ranging from 1 to 3), which may limit its appeal to families prioritizing high-performing educational districts.
Step into the charm and possibilities of 8115 Iris St — a classic Oakland bungalow just waiting for its glow-up moment. Bursting with mid-century personality and nostalgic details, this 2-bedroom, 1-bath home offers 1,095 sq ft of opportunity for dreamers, designers, investors, and anyone who appreciates a home with character. From the moment you arrive, the classic gabled roofline, gated yard, and distinctive driveway set the tone for something special. Inside, original hardwood floors flow through a spacious living room anchored by a vintage tiled fireplace and oversized mirrored mantel, creating the perfect backdrop for cozy nights and creative vision. The kitchen is pure retro magic — complete with a built-in diner booth, vintage-inspired tile countertops, and generous cabinetry that feels straight out of a classic Americana film set. Throughout the home, charming details continue to shine, including a retro-style bathroom with a separate walk-in shower. Additional features include a dedicated laundry room, utility basement space ideal for storage or projects, a detached garage, and a backyard designed for low-maintenance living with room to personalize and expand your outdoor vision. Located in Oakland’s 94605 neighborhood, this fixer-upper is packed with personality, solid bones, and endless potential. Whether you're looking to restore, redesign, or reimagine, 8115 Iris St is ready for its next stylish chapter.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,095 | 1,390 | 19% |
| Lot Size | 3,610 | 5,664 | 19% |
| Price | $325.0K | $700.0K | 2% |
| Price per sq ft | $297 | $516 | 4% |
| Built year | 1925 | 1938 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 138 | 2% |
May 10, 2026
$325,000
Initial Listing
Aug 5, 2022
$320,000
Public Record