947 91st, Oakland, California 94603, Oakland, 94603 - 3 bed, 1 bath

947 91st, Oakland, California 94603 home-pic-0
ACTIVE$500,000$1,076/sqft
Est. Value: $492,355
-1%
FairlyEstimate
947 91st, Oakland, California 94603
3Beds
1Bath
1,076Sqft
4,965Lot

Price Vs. Estimate

The estimated value ($492,354.685) is $7,645.315 (1%) lower than the list price ($500,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU Potential: A generous workshop in the back, already equipped with electricity, offers significant potential for conversion into an Accessory Dwelling Unit (ADU) or additional versatile living space with some sweat equity.
Top Cons:
Tenant Occupancy: The property is currently tenant-occupied, which may complicate showing schedules, inspection access, and immediate buyer possession upon closing.

Compared to the nearby listings

Price:$500.0K vs avg $525.0K ($-25,000)40%
Size:1,076 sqft vs avg 1,055 sqft51%
Price/sqft:$465 vs avg $48444%

More Insights

Built in 1944 (82 years old).
Condition: Built in 1944, this property is 80 years old with no indication of major recent renovations; the listing explicitly notes 'Age and Potential for Updates' as a weakness. The exterior image reveals a severely cracked and displaced retaining wall, indicating a significant structural defect that requires substantial repair. While tenant-occupied, implying livability, the visible structural issue, combined with the age and likely outdated interior (kitchen, bathroom, systems) due to lack of renovation details, places it firmly in the 'poor' category, requiring considerable rehabilitation.
Year Built
1944
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030955
Home ConditionPoor
Features
ViewNeighborhood

About this home

Welcome to this charming home located in the vibrant Highland neighborhood of Oakland. The residence offers 1,076 sq ft of living space, featuring three cozy bedrooms and a full bathroom. The tradition of family gatherings, shared meals, and love infuses these walls and creates a warm and comfortable atmosphere. The home features all bedrooms on one floor, providing ease of access and convenience. . Generous workshop (could be an ADU with a bit of sweat equity) in the back with several rooms, electric already run and is just waiting for the buyer's finishing touches. Just blocks away from Dixon's, several pupuserias, and numerous other neighborhood eateries and grocery stores. The price is right! House is tenant occupied, please do not disturb the tenant. Thank you.

A
Andi Martin
Listing Agent
Condition Rating
Poor

Built in 1944, this property is 80 years old with no indication of major recent renovations; the listing explicitly notes 'Age and Potential for Updates' as a weakness. The exterior image reveals a severely cracked and displaced retaining wall, indicating a significant structural defect that requires substantial repair. While tenant-occupied, implying livability, the visible structural issue, combined with the age and likely outdated interior (kitchen, bathroom, systems) due to lack of renovation details, places it firmly in the 'poor' category, requiring considerable rehabilitation.
Pros & Cons

Pros

ADU Potential: A generous workshop in the back, already equipped with electricity, offers significant potential for conversion into an Accessory Dwelling Unit (ADU) or additional versatile living space with some sweat equity.
Vibrant Neighborhood Amenities: Situated in Oakland's vibrant Highland neighborhood, the property boasts convenient walking access to numerous local eateries, grocery stores, and community establishments.
Competitive Price Point: Listed at $500,000, this property offers a relatively affordable and attractive entry point into the Oakland single-family home market.
Functional Single-Story Layout: The home features all three bedrooms conveniently located on one floor, providing ease of access and a practical layout for various living situations.
Ample Lot Size: With a 4,965 sq ft lot, the property offers good outdoor space for potential landscaping, recreation, or future expansion possibilities.

Cons

Tenant Occupancy: The property is currently tenant-occupied, which may complicate showing schedules, inspection access, and immediate buyer possession upon closing.
Limited Bathroom Facilities: The home features only one full bathroom for three bedrooms, which could be a functional limitation for larger households or those desiring more amenities.
Age and Potential for Updates: Built in 1944, the property may require significant modernization, renovations, or maintenance to meet contemporary standards and buyer preferences, implying additional investment.
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