979 Grace Ave, Oakland, California 94608, Oakland, 94608 - 4 bed, 2 bath
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Oakland, California 94608
This 1906 Edwardian represents a High-Potential Investment Opportunity, listed at $799,000—positioned above the $763,152 Fair Market Value by 4%. While the property requires a comprehensive rehab given its Condition Rating of 5, the detached studio with ADU potential and expansive attic offer significant value-add upside. Located on the Berkeley/Emeryville border, this asset provides a strategic location for commuters. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to leverage the property's architectural heritage and expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 979 Grace Ave Subject | $799,000* List Price | 4 | 2 | 1,907 | $400 | - |
A 4326 West St Sold | $725,000 | 4 | 3 | 1,825 | $397 | 0.8 mi |
B 1150 1150 Ocean Ave Sold | $620,000 | 2 | 2 | 1,344 | $461 | 0.5 mi |
C 3873 West St Active | $799,000 List Price | 4 | 2 | 1,778 | $449 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1906 with no mention of recent renovations to key systems or interiors. The listing description uses industry terms like 'opportunity' and 'build equity quickly,' which typically indicate a fixer-upper. Visuals show dated painted wood floors, original single-pane windows, and a weathered exterior/deck, suggesting the property needs a comprehensive rehab to meet modern standards.
The property features a detached studio with ADU potential and an expansive attic, offering clear opportunities to increase square footage and build equity quickly.
Situated on the Berkeley/Emeryville border, this home provides a quiet residential setting while remaining minutes from urban amenities and offering an easy commute to San Francisco.
This 1906 Edwardian preserves original Craftsman details and architectural heritage, providing a unique aesthetic appeal that modern builds cannot replicate.
Given the home's 1906 construction, buyers should anticipate potential costs associated with updating century-old systems to meet modern efficiency and safety standards.
While the area has access to some high-performing schools, several immediate local options have lower ratings, which may be a consideration for families prioritizing education.
Opportunity knocks in the North Oakland Golden Gate neighborhood on the Berkeley/Emeryville border! Built in 1906 this timeless Edwardian blends classic Craftsman character with exceptional versatility and is ready for new owners to build equity quickly. With almost 2000 square feet, featuring 4 bedrooms, the home is rich in original architectural details while offering comfortable living for today's lifestyle. A spacious detached studio provides the perfect setting for a home office, creative workspace or fitness room with potential to finish it out as an ADU. The detached garage adds convenience and valuable storage plus there is off street parking in the driveway for two additional cars. The expansive attic could be made into additional living space in the future. Fully fenced and located on a quiet street with lots of available guest parking this home is minutes to shops, restaurants and is an easy commute to SF. Whether you're drawn to its architectural heritage, work from home possibilities, or future expansion potential, this classic Edwardian is a home of enduring character and opportunity!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades PK-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,907 | 1,587.5 |
| Lot Size | 4,000 | 5,000 |
| Price | $799.0K | $1.06M |
| Price per sq ft | $419 | $623 |
| Built year | 1906 | 1928 |
| HOA | $0 | $338 |
| Days on market | 23 | 35 |
Jun 29, 2026
$799,000
Initial Listing