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

9850 Elmar Avenue, Oakland, California 94603 home-pic-0

9850 Elmar Avenue

Oakland, California 94603

ACTIVE
CONDITION: POOR
2Beds
1Baths
707Sq Ft
2,294Lot Size

Property Price

LIST PRICE$328,000
EST. MARKET VALUE
$291,839
11% AboveMARKET VALUE

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

$291,839
Based on Realkey algorithm analyzing recent comparable sales in Oakland.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
9850 Elmar Avenue
Subject
$328,000*
List Price
21707$413-
A
10109 Plymouth St
Sold
$409,00021840$4870.5 mi
B
10314 Sunnyside St
Pending
$350,000
List Price
21839$4170.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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of interior images, particularly for the kitchen and bathroom, strongly suggests these critical areas are significantly outdated and likely in poor condition.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
46%
Baths1.01.0
50%
Square foot7071,046
4%
Lot Size2,2944,067
2%
Price$328.0K$525.0K
5%
Price per sq ft$464$464
50%
Built year19511943
88%
HOA$0$0
50%
Days on market422164
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

Browse Properties by State Browse housing market trends by state