9220 Cherry, Oakland, California 94603, Oakland, 94603 - 3 bed, 2 bath
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Oakland, California 94603
This Spacious Traditional Home is a Prime Investment Opportunity, listed at $590,000—positioned well below the $612,056 Fair Market Value by 3%. This valuation gap offers $22,056 in Instant Equity for buyers. The property maintains a Condition Rating of 4, featuring a well-preserved but outdated 1,634 sq ft interior and a spacious backyard with a patio. Located within the Oakland district near major commuter routes, the home provides a functional canvas for modernization and forced appreciation. This is an ideal acquisition for Owner-Occupants or first-time buyers looking to build wealth through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9220 Cherry Subject | $590,000* List Price | 3 | 2 | 1,634 | $375 | - |
A 923 90th Ave Sold | $605,000 | 3 | 2 | 1,487 | $407 | 0.8 mi |
B 1815 102nd Ave Sold | $740,000 | 3 | 3 | 1,843 | $402 | 0.6 mi |
C 2331 Warner Ave Sold | $550,000 | 3 | 1 | 1,416 | $388 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the property is well-maintained but significantly outdated. The kitchen features older cabinetry, tile countertops, and white appliances, while the bathrooms and flooring show clear signs of age. While functional and livable, the home lacks recent renovations and requires modernization of fixtures, finishes, and likely core systems to meet current quality standards.
With 1,634 square feet of interior space, this home offers a larger-than-average layout for a three-bedroom property of its era, providing ample room for comfortable family living.
The 5,080 square foot lot includes a spacious backyard, offering a private outdoor retreat that is ideal for gardening, relaxation, or hosting guests in an urban setting.
Listed at $590,000, the property presents a highly accessible price point for a detached single-family home in the Bay Area, making it an attractive option for first-time buyers or investors.
Built in 1938, the property may require significant modernization of core systems such as electrical, plumbing, or insulation to meet contemporary efficiency and safety standards.
Located in the 94603 zip code, the property is situated in an area that may face challenges regarding perceived safety and school ratings compared to other Oakland districts, potentially impacting long-term appreciation.
Charming 3-bedroom, 2-bath home in Oakland offering 1,634 sq ft of living space on a 5,080 sq ft lot. Features a spacious layout, great natural light, and a generous backyard perfect for relaxing or entertaining. Conveniently located near local amenities and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 60% |
| Square foot | 1,634 | 1,046 | 86% |
| Lot Size | 5,080 | 4,061.5 | 80% |
| Price | $590.0K | $546.8K | 70% |
| Price per sq ft | $361 | $467 | 16% |
| Built year | 1938 | 1943 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 165 | 4% |
Feb 27, 2026
$590,000
Initial Listing
Dec 31, 2014
$350,000
Public Record