882 61st St, Oakland, California 94608, Oakland, 94608 - 8 bed, 7 bath
882 61st St
Oakland, California 94608
Property Price
SUMMARY
Analysis of 882 61st St, Oakland, California 94608 is currently available with a list price of $2,150,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is explicitly described as 'brand-new' with a year built of 2025, placing it firmly within the 'excellent' category. The images confirm this, showcasing pristine, modern kitchens with stainless steel appliances, sleek cabinetry, and solid surface countertops. Bathrooms feature contemporary vanities, fixtures, and subway tile. All flooring, lighting (recessed), and general finishes are new and meet current quality standards, indicating no deferred maintenance or depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Configuration
The property features two brand-new, independent homes on a single lot, offering exceptional flexibility for multi-generational living, significant rental income potential, or owner-occupancy with a supplementary unit.
- Brand-New Construction
With a year built of 2025, these homes offer modern design, new systems, and minimal immediate maintenance concerns, appealing to buyers seeking contemporary and hassle-free living.
- Generous Living Space & Thoughtful Design
Combined, the residences boast 4,233 square feet with 8 bedrooms and 7 bathrooms, including additional office and nook spaces, all finished with custom craftsmanship like hand-crafted wood cabinets and exterior doors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4233, other record living area = 1942. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 3.
- Significant Price Adjustment
The property has undergone a notable price reduction from its original list price of $2.45M to $2.15M, which may indicate initial overpricing or market resistance, potentially impacting buyer perception of value.
- Variable Local School Ratings
While some highly-rated schools are within reach, several public elementary and middle schools in the immediate vicinity have lower performance ratings, which could be a concern for families prioritizing top-tier local education.
About 882 61st St
A rare find in a fast growing neighborhood, this property offers two brand-new and spacious homes on 1-lot, both delivered vacant and ready to enjoy. Ideal for investors or buyers looking for flexibility, each residence combines thoughtful design with custom craftsmanship throughout. The front home at 882 features about 2,433 square feet with 5 bedrooms and 4 bathrooms, while the rear home at 880 offers 1,800 square feet with 3 bedrooms and 3 bathrooms. Both include additional office and nook spaces suited for today’s lifestyle needs. Hand crafted wood cabinets and exterior doors bring warmth and character, creating homes that feel distinct yet inviting. A special opportunity to own a new property with lasting appeal and strong potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 6,750 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Malcolm X Elementary School
Grades K-5 • 0.5 mi
Sankofa Academy
Grades PK-5 • 0.6 mi
Peralta Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 98% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 4,233 | 1,483 | 98% |
| Lot Size | 6,750 | 3,745 | 95% |
| Price | $2.15M | $887.5K | 98% |
| Price per sq ft | $508 | $568 | 33% |
| Built year | 2025 | 1912 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 116 | 159 | 21% |
Pricing History
Listed for Sale
Dec 28, 2025
$2,150,000
$2,450,000
-12% Price Drop
Initial Listing
Price Change
Nov 11, 2025
$2,450,000
Initial Listing
Sold
May 4, 2018
$700,000
Public Record
Sold
Mar 23, 2017
$700,000
Public Record