9850 Elmar Avenue, Oakland, California 94603, Oakland, 94603 - 2 bed, 1 bath

9850 Elmar Avenue
Oakland, California 94603
Property Price
SUMMARY
Analysis of 9850 Elmar Avenue, Oakland, California 94603 reveals a property with a current list price of $328,000, which is 11% above the estimated $291,839 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9850 Elmar Avenue Subject | $328,000* List Price | 2 | 1 | 707 | $413 | - |
A 10109 Plymouth St Sold | $409,000 | 2 | 1 | 840 | $487 | 0.5 mi |
B 10314 Sunnyside St Pending | $350,000 List Price | 2 | 1 | 839 | $417 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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of interior images, particularly for the kitchen and bathroom, strongly suggests these critical areas are significantly outdated and likely in poor condition.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.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Price Reduction
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.
- Affordable Entry Point
At $328,000, this single-family residence offers a relatively accessible opportunity for homeownership or investment in the competitive Oakland market.
- Single-Family Home Status
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.
CONSRISKS & DEFICIENCIES
- Small Living Space
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.
- Limited Bathroom Count
With only one bathroom for two bedrooms, convenience may be an issue, especially for multiple occupants or guests.
- Age of Property
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.
About 9850 Elmar Avenue
Exceptional opportunity in Oakland. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 2,294 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 707 | 1,046 | 4% |
| Lot Size | 2,294 | 4,067 | 2% |
| Price | $328.0K | $525.0K | 5% |
| Price per sq ft | $464 | $464 | 50% |
| Built year | 1951 | 1943 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 422 | 164 | 0% |
Pricing History
Listed for Sale
Sep 18, 2025
$328,000
$388,000
-15% Price Drop
Initial Listing
Price Change
Sep 15, 2025
$388,000
Initial Listing
Price Change
Jan 9, 2025
$400,500
Initial Listing


