8600 Seneca Street, Oakland, California 94605, Oakland, 94605 - 3 bed, 2 bath
Loading property details...
Oakland, California 94605
This Hybrid Residential Asset represents a High-Potential Investment Opportunity, listed at $579,950—positioned well below the $589,950 Fair Market Value by 1.7%. This valuation gap offers $10,000 in Instant Equity. Featuring a Legal ADU and a Fair Condition Rating, the property provides immediate rental income potential to subsidize mortgage costs. While the local school district ratings are low, the quiet, non-thru street location and Private Deck offer significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking house-hacking utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8600 Seneca Street Subject | $579,950* List Price | 3 | 2 | 1,557 | $379 | - |
A 8445 Aster Ave Sold | $690,000 | 3 | 2 | 1,446 | $477 | 0.2 mi |
B 9012 Burr St Sold | $688,000 | 2 | 2 | 1,700 | $405 | 0.3 mi |
C 2972 El Monte Ave Sold | $455,000 | 3 | 1 | 1,386 | $328 | 0.2 mi |
D 2920 76th Ave Sold | $550,000 | 2 | 1 | 1,401 | $393 | 0.7 mi |
E 9305 Burr St Sold | $685,000 | 3 | 2 | 1,990 | $344 | 0.4 mi |
F 2221 80th Ave Sold | $575,000 | 0 | 0 | 1,732 | $332 | 0.6 mi |
G 8342 Ney Avenue Active | $599,000 List Price | 3 | 1 | 1,331 | $450 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen shows a significant mid-range renovation (approx. 10-15 years old) with stone countertops and modern lighting, the overall 1948 structure remains dated. The presence of original parquet flooring, older exterior finishes, and the listing agent's note that it 'needs some cosmetic work' aligns with the Fair criteria for properties requiring minor updates and repairs.
The property includes a legal ADU with established rental income, offering a significant opportunity for house hacking or a high-yield investment to subsidize mortgage payments.
Situated on a non-thru street in the Toler Heights neighborhood, the home provides a peaceful living environment with minimal traffic and proximity to the prestigious Bishop O'Dowd High School.
With a need for cosmetic updates and a recent price reduction, this property allows buyers to build immediate equity through strategic renovations and improvements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The local public schools carry low performance ratings, which may limit the property's appeal to families and impact long-term appreciation compared to other neighborhoods.
The home requires cosmetic work and updates, necessitating additional upfront capital and effort from the buyer to bring the property to its full potential.
A quiet area above MacAuthur and Bishop O Dowd school. Not on a thru street. This an opportunity to live in the upper unit and have your mortgage subsidized by the income from the ADU. Needs some cosmetic work. Has a one car garage for main unit. Home is rented at the new rental price of $1778.00/mo and the downstairs ADU rents out for $1795.00/mo
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,557 | 1,587.5 |
| Lot Size | 6,200 | 5,000 |
| Price | $580.0K | $1.06M |
| Price per sq ft | $372 | $623 |
| Built year | 1948 | 1928 |
| HOA | $0 | $338 |
| Days on market | 21 | 35 |
Jul 8, 2026
$579,950
$589,950
-2% Price Drop
Initial Listing
Jul 1, 2026
$589,950
Initial Listing
Dec 10, 2010
$183,500
Public Record