
Oakland, California 94607
This Victorian Value-Add Asset is listed at $425,000, positioned near its $415,396 Fair Market Value. Despite a Condition Rating 5 requiring substantial renovation, the property represents a High-Potential Investment Opportunity due to its tall unfinished basement with exceptional ADU potential. The 1895 architecture and large backyard offer a rare canvas for forced appreciation through density and modernization. This project is perfectly suited for Fix-and-Flip Investors or Contractors ready to transform historic charm into a modern, multi-unit income generator.
Property is extensive renovation needed.
Built in 1895, this Victorian home requires substantial renovation. The kitchen features outdated white appliances, basic cabinets, and dated tile flooring. The bathroom is also very basic with an old vanity and tub surround. Critically, exposed conduit wiring is visible in some areas, indicating a very old and potentially unsafe electrical system that requires extensive replacement. While the property has 'untapped potential,' it is not move-in ready and needs significant investment to address major system deficiencies and bring it to modern standards.
The property boasts classic Victorian-style architecture with timeless period details, tall ceilings, and classic lines, offering a warm and inviting feel.
The property offers exceptional Accessory Dwelling Unit (ADU) potential, particularly with its tall, expansive unfinished basement, providing a significant opportunity for added value or rental income (buyer to verify feasibility).
A rare and valuable feature, the tall, expansive unfinished basement provides ample headroom and square footage, serving as a blank canvas for a workshop, storage, home office, studio, or multi-generational living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property is presented as having 'untapped potential' and requiring 'imagination and renovation,' indicating it is not move-in ready and will need substantial investment and work to modernize.
With only one bathroom for a 3-bedroom residence, the property may not meet the needs of larger families or those desiring more modern conveniences, potentially requiring future expansion.
866 Isabella Street, Oakland, CA Step into the charm of this classic Victorian-style home located at 866 Isabella Street, Oakland, CA—a true diamond with untapped potential. This 3-bedroom, 1-bathroom residence blends historic character with tremendous upside, making it ideal for first-time buyers, investors, contractors, or anyone seeking a property with room to grow. Situated on a generously sized lot, the home features a large backyard perfect for gardening, outdoor living, future expansion, or creative redesign. What truly sets this home apart is the exceptional ADU potential. The property includes a tall, expansive unfinished basement—rare for this style of home—offering enough headroom and square footage to explore a wide range of possibilities. Whether you envision an ADU, workshop, storage area, home office, studio, or even a multi-generational setup, this basement provides a blank canvas for your vision (buyer to verify feasibility with the City of Oakland). Inside, the home showcases timeless Victorian architecture, including period details, tall ceilings, and classic lines that give the property a warm, inviting feel. With a bit of imagination and renovation, this residence can be transformed into a stunning blend of historic charm and modern functionality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 858 | 1,494 | 15% |
| Lot Size | 3,475 | 3,475 | 50% |
| Price | $425.0K | $610.0K | 8% |
| Price per sq ft | $495 | $372 | 77% |
| Built year | 1895 | 1895 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 174 | 38% |
Mar 14, 2026
$425,000
$449,000
-5% Price Drop
Initial Listing
Dec 4, 2025
$449,000
Initial Listing
Dec 2, 2025
$440,000
Initial Listing