
Emeryville, California 94608
This 1912 Craftsman presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $702,603 Fair Market Value by 0.5%. Featuring a 4-bedroom, 3-bathroom layout and RU-4 Zoning, the property offers significant development flexibility. With a Condition Rating of 4, the home requires systemic modernization, providing a clear path for value-add improvements. Its proximity to the MacArthur BART station ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or Contractors seeking a strategic urban acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 881 W Macarthur Boulevard Subject | $699,000* List Price | 4 | 3 | 1,716 | $409 | - |
A 4326 West St Sold | $725,000 | 4 | 3 | 1,825 | $397 | 0.4 mi |
B 3873 West St Active | $799,000 List Price | 4 | 2 | 1,778 | $449 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912 with renovations (kitchen cabinets, granite counters, and laminate flooring) that appear to be 15-20+ years old. While the home is functional and 'immediately livable,' the presence of portable space heaters in multiple rooms suggests an outdated or inadequate central HVAC system. The property is sold 'as-is' and requires cosmetic and systemic modernization to meet current standards.
The property is situated on RU-4 zoning, offering significant future flexibility and potential for development or expansion in a high-demand urban corridor.
Ideally positioned near the MacArthur BART station and major transit routes, providing exceptional regional accessibility to San Francisco, Berkeley, and Silicon Valley.
This 1912 Craftsman features a rare 4-bedroom, 3-bathroom layout with authentic period details, offering substantial interior space and curb appeal at a competitive price point.
The property is being sold in as-is condition, indicating that buyers should budget for potential repairs, modernizations, or deferred maintenance to reach its full market value.
The immediate assigned public schools, such as Hoover Elementary and Westlake Middle, have low performance ratings, which may be a drawback for families prioritizing public education.
Classic Craftsman with timeless character, functional space, and exceptional value potential. Built in 1912, this detached Single Family Home showcases authentic architectural charm with a covered front porch, shingle siding, and strong structural presence rarely found at this price point. The flexible 4-bedroom layout offers generous interior space, while the lower-level garage and long gated driveway provide additional utility and off-street parking. Positioned for buyers seeking a straightforward as-is opportunity, the property presents immediate livability with future upside potential for customization, investment, or long-term hold. Situated on RU-4 zoning, the property may offer additional future flexibility and development potential for buyers to explore (buyer to verify). Conveniently located near Emeryville, MacArthur Bart, major commuter routes, shopping, and dining, offering strong accessibility throughout the Bay Area. MacArthur Bart Station, one of Oaklands primary transit hubs, provides convenient regional access for commuters traveling to San Francisco, Berkeley, and Silicon Valley. A rare opportunity to own a classic character home with scale, presence, and upside in a centrally connected location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades PK-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 1.0 |
| Square foot | 1,716 | 963 |
| Lot Size | 3,920 | 2,808 |
| Price | $699.0K | $978.7K |
| Price per sq ft | $407 | $695 |
| Built year | 1912 | 1920 |
| HOA | $0 | $0 |
| Days on market | 65 | 48 |
May 18, 2026
$699,000
Initial Listing
Nov 6, 2009
$218,500
Public Record