8491 Ney Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 3 bath
8491 Ney Ave
Oakland, California 94605
Property Price
SUMMARY
Analysis of 8491 Ney Ave, Oakland, California 94605 reveals a Prime Investment Opportunity with a current list price of $699,999—significantly undercutting the $770,277 Fair Market Value by 9%. This valuation gap indicates a +$70,278 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 8491 Ney Ave Subject | $699,999* List Price | 3 | 3 | 2,007 | $384 | - |
A 9090 Castlewood St Sold | $825,000 | 3 | 3 | 2,232 | $370 | 0.4 mi |
B 9883 Lawlor St Sold | $810,000 | 4 | 2 | 2,005 | $404 | 1.0 mi |
C 2221 80th Ave Sold | $575,000 | 1,732 | $332 | 0.8 mi | ||
D 9305 Burr St Pending | $675,000 List Price | 3 | 2 | 1,990 | $339 | 0.5 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 shows well with several recent updates. While originally built in 1958, the home features new grey carpeting, fresh interior paint, and a fully renovated modern bathroom with a contemporary vanity and walk-in glass shower. The main kitchen has been refreshed with white paint on original cabinetry and updated stainless steel appliances. Additionally, the lower level offers a functional secondary living space with a newer kitchenette and a mini-split HVAC system, indicating well-maintained and partially updated major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Lower Level
The separate lower-level living area with a kitchenette and full bath offers excellent potential for an in-law suite, guest quarters, or rental income.
- Scenic Bay Views
Large windows throughout the main living areas capture stunning Bay views and abundant natural light, significantly increasing the property's aesthetic appeal.
- Prime Oakland Hills Location
Situated near popular golf courses and outdoor recreation, this home offers a serene hillside lifestyle with convenient access to major commuter routes.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The local public schools carry low ratings (ranging from 1 to 4), which may be a significant drawback for families prioritizing educational performance.
- Hillside Topography
The hillside setting may limit the amount of usable flat yard space and could require ongoing attention to drainage and slope stability.
- Aged Infrastructure
Built in 1958, the home may require updates to its original systems or cosmetic refreshments to meet the expectations of modern buyers.
About 8491 Ney Ave
8491 Ney Street, is a hillside home tucked off Golf Links Road, surrounded by greenery and near by Oakland’s popular golf courses. The main level features 3 bedrooms and 2 bathrooms, along with a kitchen offering an eat-in area and a dedicated dining space, where large windows capture beautiful natural lights and Bay views on clear days, making it the perfect place to gather and enjoy the scenery. The lower level includes a versatile separate living area with a room, full bath, and kitchenette, ideal for in-law quarters, guest suite, or game room. Enjoy Oakland Hills living with convenient access to outdoor recreation and commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,876 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 0.3 mi
Frick Middle School
Grades 6-8 • 1.6 mi
Castlemont High
Grades 9-12 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,007 | 1,402.5 | 79% |
| Lot Size | 6,876 | 5,690 | 71% |
| Price | $700.0K | $715.0K | 47% |
| Price per sq ft | $349 | $495 | 16% |
| Built year | 1958 | 1941 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 170 | 1% |
Pricing History
Listed for Sale
Feb 5, 2026
$699,999
Initial Listing
Sold
Jan 5, 2017
$615,000
Public Record