508 Clara Street, Oakland, California 94603, Oakland, - bed, bath

ACTIVE$450,000
508 Clara Street, Oakland, California 94603
2Beds
1Bath
800Sqft
4,114Lot
Year Built
1942
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25125612
Home ConditionPoor
Features
View-
About this home
Cute Oakland home in desirable Brookfield Village location. Minutes away from Brookfield Elementary School, parks, and shopping. Easy access to I-880, Airport, Ferry, Colosseum, and BART station.
Nearby schools
3/10
Brookfield Elementary School
Public,•K-5•0.2mi
3/10
Madison Park Academy 6-12
Public,•6-12•0.8mi
1/10
Castlemont High
Public,•9-12•2.1mi
2/10
Fremont High
Public,•9-12•2.9mi
2/10
Oakland International High School
Public,•9-12•7.8mi
Price History
Date
Event
Price
06/04/25
Listing
$450,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (53 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 1 | 50% |
| Square foot | 800 | 1,028 | 20% |
| Lot Size | 4,114 | 4,075 | 52% |
| Price | $450K | $500K | 35% |
| Price per square foot | $563 | $487 | 74% |
| Built year | 1942 | 9710971 | 59% |
| HOA | |||
| Days on market | 154 | 154 | 50% |
Condition Rating
Poor
The property was built in 1942, making it 82 years old. With only a single exterior image provided and no mention of any recent renovations in the description, it is highly probable that the interior, especially the kitchen and bathroom, is significantly outdated and requires substantial repairs and rehabilitation. The exterior shows signs of age and deferred maintenance, such as a cracked driveway and dry lawn. Without interior photos or details, we must assume major systems and finishes are well past their expected lifespan and would require significant investment to meet current standards for safety, comfort, and aesthetics.
Pros & Cons
Pros
Prime Location & Neighborhood: Situated in the desirable Brookfield Village, offering a community feel and established surroundings.
Exceptional Commuter Accessibility: Unbeatable access to major transportation hubs including I-880, Oakland Airport, Ferry, and BART, crucial for Bay Area residents.
Proximity to Amenities & Schools: Very close proximity to Brookfield Elementary School (0.15 miles), parks, and local shopping, enhancing daily convenience.
Attractive Price Point: Listed at $450,000, it presents a relatively affordable entry into the Oakland single-family home market, appealing to first-time buyers or investors.
Development Potential (Lot Size): The 4,114 sqft lot size provides ample space for potential future expansion of the 800 sqft home or significant outdoor living improvements.
Cons
Limited Living Space: At only 800 sqft with 2 beds and 1 bath, the property offers compact living quarters, which may not suit all buyer needs, especially larger families.
Age of Property: Built in 1942, the home is older, suggesting potential for outdated systems, infrastructure, or the need for significant renovations to meet modern standards.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a detractor for buyers prioritizing scenic outlooks.