8124 Greenly Drive, Oakland, California 94605, Oakland, 94605 - 4 bed, 3 bath
8124 Greenly Drive
Oakland, California 94605
Property Price
SUMMARY
Analysis of 8124 Greenly Drive, Oakland, California 94605 reveals a property with a current list price of $1,196,000, which is 10% above the estimated $1,081,403 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8124 Greenly Drive Subject | $1,196,000* List Price | 4 | 3 | 1,671 | $647 | - |
A 8100 Earl St Sold | $865,000 | 3 | 2 | 1,454 | $595 | 0.1 mi |
B 8040 Crest Sold | $918,000 | 3 | 2 | 1,474 | $623 | 1.0 mi |
C 7733 Sterling Dr Sold | $925,000 | 4 | 2 | 1,309 | $707 | 0.4 mi |
D 8037 Mccormick Ave Sold | $1,150,000 | 3 | 2 | 1,778 | $647 | 0.2 mi |
E 7756 Sunkist Dr Sold | $950,000 | 3 | 2 | 1,390 | $683 | 0.4 mi |
F 3025 Partridge Ave Active | $939,000 List Price | 3 | 3 | 1,347 | $697 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent infrastructure upgrades, including a new central HVAC system, a 200-amp solar-ready electrical panel with dual EV chargers, a tankless water heater, and a certified sewer lateral. While the main residence was built in 1948 and retains a 1.5-bathroom layout, the interior boasts well-maintained hardwood floors and the property includes a turnkey, fully updated ADU. The combination of modern mechanical systems and a well-preserved main structure meets the criteria for a high-quality, well-maintained home.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating ADU
The property features a turnkey, fully furnished 1BD/1BA ADU with a private entrance and a proven rental history of over $24,000 annually, providing an excellent mortgage offset or multi-generational living solution.
- Modern Infrastructure Upgrades
Extensive recent improvements include a new central HVAC system, a 200-amp solar-ready electrical panel with dual EV chargers, a tankless water heater, and a certified sewer lateral, offering peace of mind and energy efficiency.
- Versatile Parking and Storage
A gated driveway leads to a 4-car garage/carport and a dedicated 366 sq ft workshop, providing rare and ample space for hobbyists, multiple vehicles, or RV and boat storage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1671, other record living area = 1719. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Low School Ratings
The assigned public schools for this address carry low performance ratings (ranging from 1 to 4), which may be a significant deterrent for families prioritizing educational district quality.
- Limited Bathroom Count
The main 3-bedroom residence is served by only 1.5 bathrooms, which may be viewed as a drawback for modern families or buyers seeking a full primary suite at this price point.
About 8124 Greenly Drive
Rare East Bay opportunity featuring a 3BD/1.5BA main residence and a 1BD/1BA private entrance ADU generating over $24,000 in rental income in 2025. Fully furnished with separate kitchen and laundry, this turnkey accessory dwelling unit provides a proven income stream, perfect for supplemental income, guest quarters, or multi-generational living. All appliances and ADU furnishings convey. The main home boasts hardwood floors, sunrise views over the Oakland Hills, citrus trees, low maintenance yard, and abundant natural light. Upgrades include new central heat & AC, sewer lateral replaced and certified, tankless water heater, fully updated electrical with 200-amp solar-ready main panel, three subpanels, and dual EV chargers. Gated driveway to 4-car garage/carport plus 366 sq ft workshop accommodates multiple vehicles, RV, boat, or hobby use. Quiet end-street location near King Estate Open Space with easy access to I-580, Oakland Zoo, and Oak Knoll development.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Howard Elementary School
Grades K-5 • 0.4 mi
Burckhalter Elementary School
Grades K-5 • 0.8 mi
Parker Elementary School
Grades K-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,671 | 1,402.5 | 61% |
| Lot Size | 5,000 | 5,677.5 | 39% |
| Price | $1.20M | $715.0K | 90% |
| Price per sq ft | $716 | $496 | 91% |
| Built year | 1948 | 1941 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 170 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,196,000
Initial Listing
Sold
Jan 4, 2022
$910,000
Public Record