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577 48th Street, Oakland, California 94609, Oakland, - bed, bath

home-pic
ACTIVE$585,000
577 48th Street, Oakland, California 94609
2Beds
1Bath
1,044Sqft
4,965Lot
Year Built
1904
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41115220
Home ConditionPoor
Features
Deck
View-

About this home

Welcome to your next project in the sought-after NOBE neighborhood of Oakland! This charming fixer-upper offers unlimited potential with a spacious layout and a bonus unconfirmed 1,000 sq. ft. basement — ideal for a future ADU, in-law suite, or rental unit. Upstairs features 2 bedrooms, 1 bathroom, and classic period details ready to be reimagined. The property sits on a convenient residential street near Temescal, Emeryville, and Berkeley, offering great access to BART, shopping, and dining. With nearby remodeled homes selling in the $900K+ range, this is the perfect opportunity for contractors, investors, or visionary homeowners looking to create instant equity. Highlights: Prime location in Oakland’s thriving NOBE corridor Huge upside with basement conversion potential Nearby parks, restaurants, and transit Solid ARV projection. Bring your vision — this one won’t last!

Nearby schools

2/10
Emerson Elementary School
Public,•K-5•0.4mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.0mi
6/10
Claremont Middle School
Public,•6-8•1.0mi
2/10
Westlake Middle School
Public,•6-8•1.4mi
2/10
Oakland International High School
Public,•9-12•0.3mi
7/10
Oakland Technical High School
Public,•9-12•0.6mi
2/10
Fremont High
Public,•9-12•5.2mi

Price History

Date
Event
Price
10/18/25
Listing
$585,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (49 Listings)
Beds23
34%
Baths12
26%
Square foot1,0441,481
12%
Lot Size4,9654,000
82%
Price$585K$1.29M
4%
Price per square foot$560$770
18%
Built year19049580958
8%
HOA
Days on market18119
2%
Condition Rating
Poor
Built in 1904, this property is explicitly marketed as a 'fixer-upper' and 'project' requiring significant vision. The exterior images show boarded-up windows, peeling paint, and general disrepair, strongly indicating the property is currently unlivable or unsafe. The absence of interior photos suggests the kitchen and bathroom, along with other systems, are in a state of severe neglect and require complete rehabilitation, aligning with the 'Poor' condition criteria for substantial repairs and rehabilitation.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the sought-after NOBE neighborhood, offering excellent access to Temescal, Emeryville, Berkeley, BART, shopping, dining, and nearby parks.
Significant Value-Add Potential: Features a bonus unconfirmed 1,000 sq. ft. basement, ideal for conversion into an ADU, in-law suite, or rental unit, promising substantial upside.
Strong Investment Opportunity: Presents a prime opportunity for contractors, investors, or visionary homeowners to create instant equity, with nearby remodeled homes selling for $900K+ and a solid ARV projection.
Historic Charm & Period Details: Retains classic period details, offering inherent character and the potential to be reimagined into a charming, modernized home.
Attractive Price Point: Listed below the estimated property value, providing an immediate equity opportunity for a savvy buyer.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer-upper,' indicating the necessity for significant investment in repairs, upgrades, and modernization throughout the property.
Limited Current Living Space: The existing configuration of 2 bedrooms, 1 bathroom, and 1044 sqft is relatively small for the area, likely requiring expansion to meet market demand and maximize its full potential.
Age-Related Maintenance & Systems: Built in 1904, the property likely requires updates to major systems (e.g., plumbing, electrical, HVAC) and may have age-related issues common in century-old homes.

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