5553 Harvey Ave, Oakland, California 94621, Oakland, - bed, bath
PENDING$375,000
5553 Harvey Ave, Oakland, California 94621
2Beds
1Bath
1,099Sqft
3,740Lot
Year Built
1922
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41115391
Home ConditionPoor
Features
View-
About this home
Back on market - no fault of seller. Great investor opportunity. Practical floor plan. Single story in quiet neighborhood. Garage has been converted to extra living area. Buyer to confirm permits and square footage.
Nearby schools
3/10
Greenleaf Elementary School
Public,•K-8•0.4mi
1/10
Roots International Academy
Public,•6-8•0.6mi
2/10
Frick Middle School
Public,•6-8•0.7mi
3/10
Coliseum College Prep Academy
Public,•6-12•0.6mi
2/10
Fremont High
Public,•9-12•0.8mi
1/10
Castlemont High
Public,•9-12•2.0mi
2/10
Oakland International High School
Public,•9-12•5.6mi
Price History
Date
Event
Price
10/21/25
Listing
$375,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (39 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 33% |
| Baths | 1 | 2 | 35% |
| Square foot | 1,099 | 1,147 | 48% |
| Lot Size | 3,740 | 4,036 | 23% |
| Price | $375K | $505K | 20% |
| Price per square foot | $341 | $428 | 23% |
| Built year | 1922 | 9620962 | 33% |
| HOA | |||
| Days on market | 15 | 178 | 3% |
Condition Rating
Poor
This property, built in 1922, is in a state of significant disrepair and requires substantial rehabilitation. The kitchen features very dated tiled countertops, old wooden cabinets (some appearing incomplete), and worn tiled flooring. The bathroom is also very outdated with old tiles and fixtures. Visible cracks in the living room wall suggest potential structural issues or significant deferred maintenance. The exterior shows peeling paint and general neglect. While a modern refrigerator is present, it clashes with the overall extremely dated interior. The description as an 'investor opportunity' further confirms the need for extensive work, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Investor Potential: Explicitly marketed as a 'Great investor opportunity,' suggesting strong rental income potential or value-add possibilities.
Functional Layout: Features a 'practical floor plan' designed for efficient use of space.
Single-Story Design: Offers convenient, accessible living without stairs, appealing to a wide range of buyers.
Peaceful Location: Situated in a 'quiet neighborhood,' providing a desirable and serene living environment.
Expanded Living Area: The garage has been converted into additional living space, increasing the property's functional square footage.
Cons
Unpermitted Conversion Risk: The garage conversion to living space requires buyer confirmation of permits and square footage, posing a potential legal and financial risk.
Overpriced Relative to Market Estimate: The current listing price of $375,000 is significantly higher than the estimated property value of $319,087.77, suggesting it may be overvalued.
Subpar School Ratings: The surrounding area includes schools with low ratings (1-3), which could be a deterrent for families prioritizing education.