8781 Mountain Blvd 5, Oakland, California 94605, Oakland, 94605 - 1 bed, 1 bath
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8781 Mountain Blvd 5
Oakland, California 94605
ACTIVE
CONDITION: FAIR
1Beds
1Baths
892Sq Ft
892Lot Size
Property Price
LIST PRICE$300,000
EST. MARKET VALUE
$307,500
SUMMARY
This 1-bedroom condo represents a High-Potential Investment Opportunity, listed at a List Price of $300,000—positioned well below the $307,500 Fair Market Value by 2%. This valuation gap offers $7,500 in Instant Equity. With a Condition Rating of 4, the unit is a cosmetic fixer requiring updates to maximize its 892 sqft layout. Featuring a private patio, in-unit laundry, and community pool, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Estimated Market Value
$307,500
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8781 Mountain Blvd 5 Subject | $300,000* List Price | 1 | 1 | 892 | $345 | - |
A 8781 8781 Mountain Blvd 5 Pending | $325,000 List Price | 1 | 1 | 892 | $364 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982 (42 years old) and explicitly described as a 'cosmetic fixer.' While the unit features well-maintained hardwood floors, the overall condition is dated and requires minor repairs, fresh paint, and hardware updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
Positioned as a cosmetic fixer, this unit offers a prime opportunity for buyers to build immediate equity through simple aesthetic updates like fresh paint and hardware.
- Comprehensive Community Amenities
The gated Oak Knoll Heights community provides enhanced security and lifestyle features, including an outdoor pool, community room, and a dedicated covered garage space.
- Functional & Spacious Layout
At 892 square feet, this one-bedroom condo features a generous floor plan with a fireplace, private patio, and the high-demand convenience of in-unit laundry.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =892, other record lot size in square feet = 190096.
- High Association Fees
The monthly HOA fee of $711 is substantial for a one-bedroom unit, which may deter budget-conscious buyers or impact debt-to-income ratios for financing.
- Initial Renovation Requirement
The property requires immediate investment in cleaning and cosmetic repairs to be move-in ready, which may be a drawback for those seeking a turnkey home.
About 8781 Mountain Blvd 5
First-floor 1-bedroom, 1-bath condo in the gated Oak Knoll Heights community. The home features a comfortable living area with fireplace and sliding glass door that opens to a private patio. A dedicated dining area and kitchen nook provide great flow for everyday living and entertaining. The spacious bedroom offers generous closet space, complemented by additional storage throughout the unit, along with the convenience of in-unit laundry. The unit includes one covered garage parking space with an automated door. A cosmetic fixer, with fresh paint, updated hardware, and a thorough cleaning it will really shine! Oak Knoll Heights is a well-maintained 60-unit community offering an electronic gate, outdoor pool, and community room. Conveniently located across from the Oak Knoll housing development, contributing to the evolving character of the surrounding neighborhood.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 892 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $711.0 / Month
Neighborhood Insights
Oakland Unified Schools
Howard Elementary School
Grades K-5 • 0.2 mi
4/10
Frick Middle School
Grades 6-8 • 1.9 mi
2/10
Skyline High School
Grades 9-12 • 2.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.5 |
| Baths | 1.0 | 1.6 |
| Square foot | 892 | 952.848 |
| Lot Size | 892 | 16,731.21 |
| Price | $300.0K | $488.1K |
| Price per sq ft | $336 | $502 |
| Built year | 1982 | 1991 |
| HOA | $711.0 | $683 |
| Days on market | 13 | 60 |
Pricing History
Listed for Sale
Aug 27, 2026
$300,000
Initial Listing