6381 Sellers Ave, Oakley, California 94561, Oakley, - bed, bath
ACTIVE$1,510,000
6381 Sellers Ave, Oakley, California 94561
3Beds
1Bath
934Sqft
91,912Lot
Year Built
1921
Close
-
List price
$1.51M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41030774
Home ConditionGood
Features
View-
About this home
Looking for an exceptional investment opportunity? Look no further! Remodeled 3 bedroom, 1 bath on 2.1 acres of flat land centrally located in the midst of rapidly-growing communities. Currently rented and producing income, property is zoned medium density residential per city of Oakley. This zoning allows for up to 59 multi family units or subdivision into 19 4k sq ft single family lots. Interested parties are encouraged to conduct their own independent investigations regarding zoning, limitations and possible land uses. Don't miss out on this opportunity!
Price History
Date
Event
Price
09/26/25
Price Change
$1,510,000
06/19/23
Listing
$1,098,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (175 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 44% |
| Baths | 1 | 3 | 2% |
| Square foot | 934 | 2,001 | 1% |
| Lot Size | 91,912 | 6,678 | 98% |
| Price | $1.51M | $676K | 99% |
| Price per square foot | $1,617 | $352 | 99% |
| Built year | 1921 | 9970998 | 1% |
| HOA | |||
| Days on market | 870 | 153 | 99% |
Condition Rating
Good
The property, built in 1921, is explicitly described as 'remodeled,' and the available images support this claim. The exterior of the house appears freshly painted and well-maintained. The bathroom features a modern vanity, countertop, faucet, updated light fixture, and a clean tiled backsplash, indicating a recent renovation. The interior flooring shown is laminate wood, which looks new and in excellent condition. While there are no images of the kitchen, the visible updates suggest the home is move-in ready with no immediate renovations required for the areas shown. The age of the original structure is significant, but the remodel brings its condition up to a 'good' standard, aligning with properties extensively renovated within the last 5 to 15 years.
Pros & Cons
Pros
Significant Development Potential: The property is zoned for medium-density residential, allowing for up to 59 multi-family units or subdivision into 19 4,000 sq ft single-family lots, presenting a substantial investment opportunity for developers.
Large, Flat Acreage: Boasting 2.1 acres (91,912 sqft) of flat land, the property offers ample space and an ideal topography for extensive development projects.
Immediate Income Generation: Currently rented and producing income, the property provides immediate cash flow, making it an attractive asset for investors from day one.
Strategic Location: Centrally located within rapidly-growing communities in Oakley, enhancing its long-term appreciation potential and demand for future development.
Remodeled Existing Residence: The existing 3-bedroom, 1-bath home has been remodeled, offering a functional and appealing structure for continued rental income or temporary use.
Cons
Significant Price Increase: The list price has seen a substantial increase from $1.098M to $1.51M, which may warrant careful market analysis and could impact buyer perception of value.
Extensive Due Diligence Required: The listing explicitly encourages independent investigations into zoning, limitations, and possible land uses, indicating potential complexities or uncertainties in realizing the full development potential.
Age and Size of Existing Structure: Built in 1921, the existing 934 sqft home is over a century old and relatively small, which, despite being remodeled, could present long-term maintenance considerations or limitations if not part of a redevelopment plan.