882 Alma Pl, Oakland, California 94610, Oakland, 94610 - 4 bed, 3 bath
882 Alma Pl
Oakland, California 94610
Property Price
SUMMARY
Analysis of 882 Alma Pl, Oakland, California 94610 reveals a Fairly Priced Property with a current list price of $1,649,000 aligned with the estimated $1,649,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 882 Alma Pl Subject | $1,649,000* List Price | 4 | 3 | 2,722 | $606 | - |
A 953 Grosvenor Pl Sold | $1,700,000 | 4 | 4 | 2,803 | $606 | 0.2 mi |
B 1081 Warfield Ave Sold | $1,600,000 | 5 | 2 | 2,523 | $634 | 0.9 mi |
C 600 Prospect Ave Sold | $1,487,250 | 4 | 4 | 2,526 | $589 | 0.7 mi |
D 689 Santa Ray Ave Sold | $1,250,000 | 4 | 4 | 2,145 | $583 | 0.4 mi |
E 659 Kenwyn Rd Sold | $1,500,000 | 4 | 4 | 2,715 | $552 | 0.6 mi |
F 769 Santa Ray Ave Sold | $1,475,000 | 3 | 3 | 2,511 | $587 | 0.4 mi |
G 866 Alma Place Active | $1,269,000 List Price | 4 | 4 | 2,281 | $556 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1931, features a 'renovated kitchen' with Quartz counters and stainless steel Haier/Bosch appliances, and a 'newly renovated bathroom,' both of which appear modern and in excellent condition in the images. Other areas boast well-maintained classic features like parquet hardwood floors and wood beam ceilings. While the house itself is older and some systems (like the visible baseboard heating) may not be brand new, the significant and recent updates to key areas like the kitchen and bathroom make it move-in ready with no immediate renovations required, aligning well with the 'Good' score criteria for properties extensively renovated within 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Crocker Highlands/Trestle Glen neighborhood, offering excellent proximity to local amenities, diverse restaurants, cafes, and highly-rated schools like Crocker Highlands Elementary (9/10) and Piedmont High (10/10).
- Classic Architectural Charm
A 'fabulous Mediterranean architectural beauty' featuring classic parquet hardwood floors, arched doorways, cathedral ceilings, stunning wood beam ceilings, and a wood-burning fireplace, preserving significant character and elegance.
- Updated Key Areas
The property boasts a recently renovated kitchen with Quartz counters and stainless steel appliances (Haier fridge, Bosch dishwasher), alongside a newly renovated bathroom, providing modern functionality and aesthetics.
CONSRISKS & DEFICIENCIES
- Age-Related Maintenance
Built in 1931, the property, despite recent renovations to the kitchen and bathroom, may still present potential ongoing maintenance and upgrade costs for original systems (e.g., plumbing, electrical, foundation) not explicitly detailed as updated.
- Undeveloped Backyard
The description indicates the 'large backyard is ready for you to create your ideal outdoor entertainment retreat,' implying it currently requires significant landscaping, design, and financial investment to become a fully functional and appealing outdoor space.
- Lack of Central Air Conditioning
The property description does not mention any cooling system, and given its 1931 build year, it is highly probable it lacks central air conditioning, which could be a notable drawback during warmer periods in Oakland.
About 882 Alma Pl
Fabulous Mediterranean architectural beauty in highly desirable Crocker Highlands/Trestle Glen neighborhood. Classic parquet hardwood floors, arched doorways, cathedral ceilings, stunning wood beam ceilings and a wood burning fireplace. The formal dining room is adjacent the kitchen and overlooks the gorgeous living room. Renovated kitchen with Quartz counters, stainless steel appliances featuring Haier fridge and Bosch dishwasher and a breakfast nook looking out into the street. The roomy primary bedroom has a private balcony to enjoy your morning coffee. This spacious home has 2 bonus rooms including an oversized laundry room with ADU potential. Newly renovated bathroom. The large backyard is ready for you to create your ideal outdoor entertainment retreat. Best location near Lakeshore & Park Blvd. restaurants, cafes, Crocker Highlands School & Bellanico, Marzano & Paulista Kitchen/Taproom!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1931
- Lot Size
- 8,635 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Crocker Highlands Elementary School
Grades K-5 • 0.5 mi
Cleveland Elementary School
Grades K-5 • 0.6 mi
Glenview Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,722 | 2,121.5 | 77% |
| Lot Size | 8,635 | 5,080 | 91% |
| Price | $1.65M | $1.62M | 51% |
| Price per sq ft | $606 | $804 | 11% |
| Built year | 1931 | 1923 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 1600 | 163 | 0% |
Pricing History
Listed for Sale
Oct 19, 2021
$1,649,000
Initial Listing