3306 Market Street, Emeryville, California 94608, Emeryville, - bed, bath
ACTIVE$615,000
3306 Market Street, Emeryville, California 94608
4Beds
4Baths
2,000Sqft
3,935Lot
Year Built
1907
Close
-
List price
$615K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82015247
Home ConditionFair
Features
View-
About this home
Welcome to a wonderful opportunity to own this wonderful Victorian home on the Oakland/Emeryville border offering 4 Bedroom 3 baths, 2 kitchens for possible ADU or Rental unit. Home has over 2000 sq feet of finished living space including the upstairs and the basement (garage has been converted) the upstairs and the basement have been finished without the benefit of a permit. Conveniently located near Berkeley Bowl, Townhouse, Wondrous Brewing, and Cafe Colucci, you're also close to Stanford Health Care, Kaiser Permanente, and major commuter options including BART and freeway access. This North Oakland gem offers comfort and convenience, in a vibrant neighborhood. Seller will carry financing for investors with 35% down!
Price History
Date
Event
Price
09/10/25
Price Change
$615,000
07/18/25
Listing
$699,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (52 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 72% |
| Baths | 4 | 2 | 92% |
| Square foot | 2,000 | 1,320 | 83% |
| Lot Size | 3,935 | 3,600 | 57% |
| Price | $615K | $800K | 25% |
| Price per square foot | $308 | $553 | 6% |
| Built year | 1907 | 1911 | 30% |
| HOA | |||
| Days on market | 109 | 154 | 23% |
Condition Rating
Fair
Built in 1907, this Victorian home has undergone significant renovations, including the addition of multiple kitchens and bathrooms. While some areas, particularly in the basement and attic, feature more modern finishes like white shaker cabinets, subway tile, and updated flooring, the listing explicitly states these areas were 'finished without the benefit of a permit.' This unpermitted work is a major concern, impacting the property's legality, safety, and potential for future issues. The main living areas show signs of age with worn hardwood floors, and the primary kitchen, while functional with stainless steel appliances, appears somewhat dated. The property is livable and has functional systems, but the unpermitted renovations and general wear and tear on older components necessitate further attention and potential remediation.
Pros & Cons
Pros
Income Generation Potential: The property features two kitchens, explicitly noted for 'possible ADU or Rental unit,' offering significant potential for rental income or multi-generational living arrangements.
Prime Location & Accessibility: Strategically located on the Oakland/Emeryville border, it provides excellent access to popular local amenities, healthcare facilities (Stanford, Kaiser), and major commuter options including BART and freeway access.
Seller Financing Option: The availability of seller-carried financing for investors with 35% down presents a unique and attractive financial incentive, potentially broadening the buyer pool and facilitating investment.
Historic Architectural Charm: As a 'wonderful Victorian home' built in 1907, the property boasts desirable period architectural character and curb appeal, appealing to buyers seeking historic charm.
Significant Price Adjustment: A notable price reduction from the original list price of $699,000 to $615,000 indicates a motivated seller and offers a more competitive entry point for potential buyers.
Cons
Extensive Unpermitted Work: The description explicitly states that 'the upstairs and the basement have been finished without the benefit of a permit,' including a converted garage, posing significant legal, financial, and safety risks.
Age-Related Maintenance & Systems: Built in 1907, the property is over a century old, suggesting a high likelihood of requiring substantial updates to major systems (e.g., plumbing, electrical) and ongoing deferred maintenance costs.
Code Compliance & Financing Challenges: The unpermitted finished spaces and converted garage could lead to difficulties with obtaining traditional financing, insurance, and may necessitate costly remediation to meet current building codes.