3228 Magnolia St, Oakland, California 94608, Oakland, - bed, bath
ACTIVE$799,000
3228 Magnolia St, Oakland, California 94608
4Beds
3Baths
2,502Sqft
4,389Lot
Year Built
1890
Close
-
List price
$799K
Original List price
$975K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41025222
Home ConditionFair
Features
View-
About this home
Long time Family Home. The upstairs features 2 bedrooms and 2 baths totaling 1,414+/- SqFt. A wide staircase leads to the downstairs which is another 1,435+/- SqFt featuring 8 foot ceilings, 1 Bedroom, and 1 Bath. There is another room downstairs used as a bedroom currently but does not have a closet. Conveniently close to Emery Bay Public Market, Emery Bay Theater and all Emery Bay stores and restaurants. The property has an a large level backyard.
Nearby schools
2/10
Hoover Elementary School
Public,•K-5•0.4mi
1/10
Lafayette Elementary School
Public,•2-5•1.1mi
2/10
Martin Luther King, Jr. Elementary School
Public,•PK-3•1.3mi
4/10
Preparatory Literary Academy Of Cultural Excellence
Public,•K-5•1.4mi
2/10
Emerson Elementary School
Public,•K-5•1.5mi
4/10
Anna Yates Elementary School
Public,•K-8•0.9mi
3/10
West Oakland Middle School
Public,•6-8•1.1mi
2/10
Westlake Middle School
Public,•6-8•1.4mi
3/10
Mcclymonds High School
Public,•9-12•0.5mi
5/10
Emery Secondary School
Public,•9-12•0.8mi
2/10
Oakland International High School
Public,•9-12•1.3mi
7/10
Oakland Technical High School
Public,•9-12•1.6mi
2/10
Fremont High
Public,•9-12•5.2mi
Price History
Date
Event
Price
09/10/25
Price Change
$799,000
04/25/23
Listing
$975,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (52 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 72% |
| Baths | 3 | 2 | 68% |
| Square foot | 2,502 | 1,320 | 85% |
| Lot Size | 4,389 | 3,600 | 64% |
| Price | $799K | $800K | 47% |
| Price per square foot | $319 | $553 | 9% |
| Built year | 1890 | 1911 | 4% |
| HOA | |||
| Days on market | 925 | 161 | 98% |
Condition Rating
Fair
Built in 1890, this property is a 'long time family home' that appears to have been maintained but not extensively updated in recent decades. The kitchen features dated wood cabinets, older tile flooring, and a large fluorescent light fixture, though a newer stainless steel refrigerator is present. Bathrooms are also significantly outdated with older vanities, medicine cabinets, and basic fixtures. Flooring throughout includes various laminate styles and tile, showing wear and an older aesthetic. While functional and seemingly well-kept for its age, the property requires substantial cosmetic updates and likely system upgrades to meet current standards, fitting the 'fair' condition criteria.
Pros & Cons
Pros
Flexible & Spacious Layout: With over 2500 sqft and distinct upstairs/downstairs areas, including 8-foot ceilings downstairs, the property offers versatile living arrangements and potential for multi-generational use or rental income.
Prime Urban Location: The property boasts a highly convenient location, close to Emery Bay Public Market, Theater, and various stores and restaurants, providing excellent access to amenities and entertainment.
Significant Price Reduction: A substantial price drop from $975,000 to $799,000 indicates a motivated seller and presents a strong value opportunity for potential buyers.
Large Level Backyard: The presence of a generous, level backyard offers valuable outdoor space for recreation, gardening, or potential future expansion possibilities (e.g., ADU, subject to zoning).
Access to Highly-Rated High School: The property is located within proximity to Oakland Technical High School, which holds a strong rating of 7, a significant advantage for families with high school-aged children.
Cons
Historic Property Condition: Built in 1890, the home's age suggests a high likelihood of requiring extensive renovations, system upgrades, and modernization to meet contemporary living standards and preferences.
Non-Conforming Bedroom: A downstairs room currently used as a bedroom lacks a closet, meaning it may not be legally classified as a bedroom, potentially affecting official room count or requiring modifications.
Potential for High Renovation Costs: As a 'long time family home' from 1890, the property likely requires significant investment in repairs, updates, and cosmetic improvements, which could add considerably to the overall cost.