956 53rd St, Oakland, California 94608, Oakland, 94608 - 2 bed, 1 bath
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Oakland, California 94608
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $518,911 Fair Market Value by 3%. This valuation gap offers $19,911 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full interior rehab, though major infrastructure like the foundation and plumbing is complete. With a high-ceiling basement offering ADU potential, this is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project in a high-demand, transit-rich location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 956 53rd St Subject | $499,000* List Price | 2 | 1 | 1,103 | $470 | - |
A 965 965 Arlington Ave Sold | $445,000 | 2 | 2 | 899 | $495 | 0.3 mi |
B 978 43rd St Sold | $497,000 | 1 | 1 | 872 | $570 | 0.3 mi |
C 1150 1150 Ocean Ave Sold | $620,000 | 2 | 2 | 1,344 | $461 | 0.8 mi |
D 5775 Adeline St Pending | $598,000 List Price | 2 | 1 | 1,026 | $583 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908, this property is a classic 'fixer-upper' requiring a full interior rehab. While big-ticket items like the foundation and plumbing have been updated, the kitchen and living areas are stripped, featuring unfinished floors and dated fixtures that are well over 30 years old.
Boasting a Walk Score of 84 and proximity to three BART stations (MacArthur, Ashby, Rockridge), this property offers exceptional access to Temescal, Berkeley, and regional freeways.
Major high-cost items including a newer concrete foundation, new sewer lateral, and upgraded copper plumbing are already completed, significantly reducing initial renovation risks and costs.
The full-footprint, high-ceiling basement provides a rare opportunity to significantly increase equity and square footage by adding living space or a lucrative ADU.
The property serves as a 'canvas for a custom remodel,' meaning it requires significant immediate capital investment and contractor oversight to reach its full potential.
With only 2 bedrooms and 1 bathroom in the current 1,103 sqft layout, the home may feel restrictive for modern families until the basement build-out is realized.
Unlock incredible upside potential at 956 53rd St. This North Oakland Queen Anne cottage preserves its vintage character while serving as the ultimate canvas for a custom remodel. Dramatic 10-foot ceilings and tall windows maximize natural light throughout the layout. A full footprint, high-ceiling basement offers possible build-out potential for additional living space or a lucrative ADU. Major big-ticket items are already checked off: the home features a newer concrete foundation, new sewer lateral and upgraded copper plumbing to the meter. Unmatched commuter location central to three BART stations (MacArthur, Ashby, Rockridge) with immediate access to Temescal, Berkeley, and regional freeways. Walk Score: 84 | Bike Score: 89. Bring your contractor and vision to this high-demand neighborhood!
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,103 | 1,587.5 |
| Lot Size | 4,332 | 5,000 |
| Price | $499.0K | $1.06M |
| Price per sq ft | $452 | $623 |
| Built year | 1908 | 1928 |
| HOA | $0 | $338 |
| Days on market | 8 | 35 |
Jul 14, 2026
$499,000
Initial Listing
Jun 30, 1980
$32,000
Public Record