
Oakland, California 94603
This Value-Add Investment Asset represents an Affordable Entry Point into the Oakland market with a List Price of $312,000, positioned near its $298,008 Fair Market Value. Carrying a Condition Rating of 5, the 1951-built residence requires a comprehensive rehabilitation of its 707-square-foot interior and aging systems to meet modern standards. The substantial $88,500 reduction from the original price signals a motivated seller and a strategic opportunity for forced appreciation. This property serves as a "blank canvas" for a high-ROI renovation, making it an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9850 Elmar Avenue Subject | $312,000* List Price | 2 | 1 | 707 | $422 | - |
A 10314 Sunnyside St Sold | $348,000 | 2 | 1 | 839 | $415 | 0.4 mi |
B 9715 9715 Holly St Active | $295,000 List Price | 2 | 1 | 753 | $392 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this property is 73 years old. While the exterior shows some signs of upkeep (e.g., newer windows), the complete absence of interior images, particularly for the kitchen and bathroom, strongly suggests these critical areas are significantly outdated and likely in poor condition. For a home of this age, without documented recent renovations, it's highly probable that major systems (plumbing, electrical) and finishes require substantial repairs and rehabilitation to meet modern standards and comfort. The property analysis also highlights the 'Age of Property' as a weakness, indicating a 'need for significant renovations.' This aligns with the 'Poor' classification, requiring substantial work beyond minor updates.
The current list price of $328,000 reflects a substantial reduction from the original list price of $400,500, indicating a motivated seller and potential for a competitive offer.
At $328,000, this single-family residence offers a relatively accessible opportunity for homeownership or investment in the competitive Oakland market.
As a detached single-family residence, the property provides privacy, potential for future expansion (subject to zoning), and generally higher appreciation potential compared to multi-family units.
At only 707 sqft, the interior living space is quite compact for a 2-bedroom home, which may feel cramped and limit appeal to buyers needing more room.
With only one bathroom for two bedrooms, convenience may be an issue, especially for multiple occupants or guests.
Built in 1951, the home is over 70 years old, suggesting potential for outdated systems (plumbing, electrical), structural wear, or a need for significant renovations to meet modern standards.
Exceptional opportunity in Oakland. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 707 | 1,028 | 4% |
| Lot Size | 2,294 | 4,031.5 | 2% |
| Price | $312.0K | $541.8K | 4% |
| Price per sq ft | $441 | $467 | 38% |
| Built year | 1951 | 1943 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 468 | 169 | 0% |
Apr 8, 2026
$312,000
$328,000
-5% Price Drop
Initial Listing
Sep 18, 2025
$328,000
$388,000
-15% Price Drop
Initial Listing
Sep 15, 2025
$388,000
Initial Listing
Jan 9, 2025
$400,500
Initial Listing