9903 Olive St, Oakland, California 94603, Oakland, 94603 - 3 bed, 2 bath
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Oakland, California 94603
This 3-bedroom, 2-bathroom Single Family Residence represents a Strong Value Opportunity, listed at $515,000—positioned well below the $551,710 Fair Market Value by 6%. This valuation gap provides $36,710 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern bathroom updates and a large driveway. While the lot size is compact, the approved short sale status ensures a streamlined transaction. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Oakland market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9903 Olive St Subject | $515,000* List Price | 3 | 2 | 1,195 | $462 | - |
A 1360 99th Ave Sold | $505,000 | 3 | 2 | 1,014 | $498 | 0.4 mi |
B 1612 94th Ave Sold | $610,000 | 3 | 3 | 1,349 | $452 | 0.4 mi |
C 10507 Russet St Sold | $570,000 | 3 | 2 | 1,236 | $461 | 1.0 mi |
D 10430 10430 Voltaire Ave Sold | $430,000 | 2 | 1 | 924 | $465 | 0.5 mi |
E 9937 Dante Ave Sold | $600,000 | 2 | 1 | 1,225 | $490 | 0.2 mi |
F 1360 99th Ave Active | $549,900 List Price | 3 | 2 | 1,014 | $542 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1930, the property shows evidence of significant recent renovations. The bathroom features a modern vanity, updated lighting, and contemporary tile work consistent with a 5-15 year renovation window. The exterior is well-maintained with clean stucco and a functional driveway, making it move-in ready.
Priced at $515,000 for a 3-bedroom, 2-bathroom residence, this property offers an affordable entry point into the Oakland housing market compared to regional averages.
The combination of an attached garage and a large driveway provides significant parking capacity, which is a highly sought-after convenience in urban residential areas.
The 'approved' status of this short sale indicates that the lender has already vetted the price, likely leading to a more predictable and faster closing process than unapproved distressed listings.
The transaction remains subject to third-party bank approval and specific short sale terms, which can introduce more complexity and paperwork than a traditional equity sale.
With a lot size of just 3,327 square feet, the property offers minimal outdoor space, which may limit options for gardening, recreation, or future ADU development.
Approved short sale its a 3 bedroom 2 bathrooms home in Oakland. Features a attached garage large driveway and some updates
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 62% |
| Square foot | 1,195 | 1,042 | 64% |
| Lot Size | 3,327 | 4,355 | 13% |
| Price | $515.0K | $543.5K | 43% |
| Price per sq ft | $431 | $465 | 38% |
| Built year | 1930 | 1943 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 177 | 2% |
May 18, 2026
$515,000
Initial Listing
Jan 26, 2021
$580,000
Public Record
Feb 13, 2008
$190,000
Public Record
Aug 16, 2005
$430,000
Public Record
Aug 5, 2004
$330,000
Public Record
Apr 17, 2003
$249,000
Public Record