3925 Balfour Avenue, Oakland, California 94610, Oakland, - bed, bath

home-pic
ACTIVE$945,000
3925 Balfour Avenue, Oakland, California 94610
3Beds
2Baths
1,837Sqft
5,318Lot
Year Built
1921
Close
-
List price
$945K
Original List price
$945K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41116450
Home ConditionPoor
Features
Good View:
Patio
View-

About this home

This is an incredible opportunity for savvy buyers to create something truly special in sought-after Crocker Highlands. This 1921 Craftsman is already 75% there, with many key upgrades including all new Marvin windows and an updated electrical system. Presale inspections revealed needed foundation improvements, offering an incredible chance to finish the work and add value. The main level features formal living and dining rooms with hardwood floors, built-ins, and a traditional fireplace. The eat-in kitchen opens to a bright breakfast room overlooking the backyard and Oakland hills. Two bedrooms and an updated bath complete this level. The lower level includes a flexible space with a full bath—ideal as a family room, office, or guest area—plus an attached garage with interior access and ample storage with expansion potential. Prime location close to Crocker Highlands Elementary, Lake Merritt, and easy SF access.

Price History

Date
Event
Price
11/01/25
Listing
$945,000
12/18/19
Sold
$1,190,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (71 Listings)
Beds34
43%
Baths23
39%
Square foot1,8372,320
26%
Lot Size5,3185,095
58%
Price$945K$1.62M
10%
Price per square foot$514$708.5
10%
Built year19219615962
43%
HOA
Days on market3118
1%
Condition Rating
Poor

The property, built in 1921, has received several cosmetic and system updates, including new Marvin windows, an updated electrical system, and refreshed bathrooms and kitchen with modern appliances and finishes. However, the listing explicitly states that 'Presale inspections revealed needed foundation improvements.' This indicates a significant structural defect that requires substantial repairs, directly impacting the property's soundness and preventing it from being considered in 'Fair' or 'Good' condition, despite the other improvements.
Pros & Cons

Pros

Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Desirable Location: Situated in the sought-after Crocker Highlands, offering proximity to a top-rated elementary school (Crocker Highlands Elementary, rating 9), Lake Merritt, and convenient access to San Francisco.
Key System Upgrades Completed: The property benefits from significant recent improvements including all new Marvin windows and an updated electrical system, reducing immediate capital expenditure for these critical components.
Significant Value-Add Potential: Presents a clear opportunity for savvy buyers to complete necessary improvements, particularly foundation work, to substantially increase property value and customize to their taste.
Classic Craftsman Charm: Retains its 1921 Craftsman character with formal living and dining rooms featuring hardwood floors, built-ins, and a traditional fireplace, offering timeless appeal.
Flexible Living Spaces: Includes a versatile lower level with a full bath, ideal as a family room, office, or guest area, plus an attached garage with interior access and ample storage with expansion potential.

Cons

Major Foundation Improvements Needed: Presale inspections revealed required foundation improvements, indicating a significant and potentially costly repair that will need immediate attention and investment.
Requires Substantial Additional Investment: Described as '75% there,' the property demands further financial commitment and effort to complete renovations and realize its full potential beyond the purchase price.
Age-Related Maintenance Considerations: As a 1921 build, despite some upgrades, the property may still present ongoing maintenance challenges typical of older homes, in addition to the identified foundation issue.

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