9220 Cherry, Oakland, California 94603, Oakland, 94603 - 3 bed, 2 bath

9220 Cherry, Oakland, California 94603 home-pic-0

9220 Cherry

Oakland, California 94603

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,634Sq Ft
5,080Lot Size

Property Price

LIST PRICE$590,000
EST. MARKET VALUE
$612,056
3% BelowMARKET VALUE

SUMMARY

Analysis of 9220 Cherry, Oakland, California 94603 reveals a Prime Investment Opportunity with a current list price of $590,000—significantly undercutting the $612,056 Fair Market Value by 3%. This valuation gap indicates a +$22,056 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$612,056 +$22,056 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
9220 Cherry
Subject
$590,000*
List Price
321,634$375-
A
923 90th Ave
Sold
$605,000321,487$4070.8 mi
B
2331 Warner Ave
Sold
$550,000311,416$3880.6 mi
C
1815 102nd Ave
Sold
$740,000331,843$4020.6 mi
D
2220 100th
Active
$500,000
List Price
211,728$2890.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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Built in 1938, the property is well-maintained but significantly outdated.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.

PROSSTRENGTHS & OPPORTUNITIES

  • Generous Living Space

    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.

  • Outdoor Entertaining Potential

    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.

  • Competitive Market Value

    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.

CONSRISKS & DEFICIENCIES

  • Vintage Infrastructure

    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.

  • Neighborhood Perception

    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.

About 9220 Cherry

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
5,080 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.01.0
61%
Square foot1,6341,050
86%
Lot Size5,0804,125
74%
Price$590.0K$550.0K
67%
Price per sq ft$361$458
19%
Built year19381943
39%
HOA$0$0
50%
Days on market8162
2%

Pricing History

Listed for Sale

Feb 27, 2026

$590,000

Initial Listing

Sold

Dec 31, 2014

$350,000

Public Record

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