
Oakland, California 94605
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $498,000—positioned well below the $498,517 Fair Market Value by 0.1%. Featuring a Condition Rating of 3, the home offers recent cosmetic updates, including new flooring and paint, while providing value-add potential through HVAC modernization. With 1,689 square feet of space and a convenient commuter location, this property is a strategic asset for Buy-and-Hold Investors or first-time buyers seeking to enter the East Bay market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8227 Ney Avenue Subject | $498,000* List Price | 2 | 2 | 1,689 | $295 | - |
A 2625 75th Ave Active | $495,000 List Price | 4 | 2 | 1,919 | $258 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone a very recent cosmetic renovation (likely <2 years) featuring new luxury vinyl plank flooring, fresh interior and exterior paint, and modern light fixtures. While the home was built in 1926, it features updated vinyl windows and is in move-in ready condition. It falls short of 'Excellent' due to the continued use of older wall heaters rather than a modern central HVAC system and an unfinished backyard area.
Listed at $498,000, this property offers a highly accessible entry price for the Oakland market, providing significant value and equity potential for first-time buyers or investors.
At 1,689 square feet, this 2-bedroom home is substantially larger than typical properties in its class, offering a spacious interior layout and potential for reconfiguration.
The property is strategically positioned with convenient access to major transit routes and local amenities, making it an ideal choice for those commuting within the East Bay or to San Francisco.
The property was recently sold within the past year on 2026-03-20. The sold price is $407,000.00.
The local assigned schools, including Castlemont High and Frick Middle School, have low performance ratings, which may limit the property's appeal to families.
Built in 1926, the home likely requires updates to its aging systems and finishes to meet modern standards, potentially necessitating additional capital investment.
Welcome to 8227 Ney Ave in Oakland a well-positioned property offering strong potential for homeowners or investors alike. This residence features a 2Br/2Bath practical layout, ample natural light, and convenient access to major transit routes, shopping, and local amenities. Whether you are looking to settle in or expand your portfolio, this property presents a compelling opportunity in a growing East Bay market.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,689 | 1,587.5 |
| Lot Size | 3,963 | 5,000 |
| Price | $498.0K | $1.06M |
| Price per sq ft | $295 | $623 |
| Built year | 1926 | 1928 |
| HOA | $0 | $338 |
| Days on market | 40 | 35 |
Jun 12, 2026
$498,000
Initial Listing
Mar 20, 2026
$407,000
Public Record
Nov 16, 2001
$303,000
Public Record
May 28, 1999
$212,000
Public Record