9850 Elmar Avenue, Oakland, California 94603, Oakland, - bed, bath
ACTIVE$328,000
9850 Elmar Avenue, Oakland, California 94603
2Beds
1Bath
707Sqft
2,294Lot
Year Built
1951
Close
-
List price
$328K
Original List price
$401K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25005635
Home ConditionFair
Features
View-
About this home
Price History
Date
Event
Price
09/18/25
Price Change
$328,000-15.5%
09/15/25
Price Change
$388,000
01/09/25
Listing
$400,500
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (54 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 1 | 50% |
| Square foot | 707 | 1,022 | 5% |
| Lot Size | 2,294 | 4,056 | 4% |
| Price | $328K | $500K | 11% |
| Price per square foot | $464 | $487 | 42% |
| Built year | 1951 | 1942 | 89% |
| HOA | |||
| Days on market | 300 | 153 | 96% |
Condition Rating
Fair
The property was built in 1951, making it over 70 years old. While the exterior appears structurally sound and the roof and windows may have been updated, the severely neglected landscaping suggests a general lack of maintenance. Without interior images, it's impossible to assess the kitchen and bathroom directly, but given the age of the home and the visible deferred exterior maintenance, it's highly probable that these critical areas, along with other systems and finishes, are significantly outdated and would require minor to substantial updates and repairs to meet current standards. The property is functional but shows clear signs of age and would benefit from significant cosmetic and system modernizations.
Pros & Cons
Pros
Significant Price Adjustment: The property has undergone a substantial price reduction from its original list price of $400,500 to $328,000, indicating a motivated seller and enhanced value proposition.
Accessible Price Point: At $328,000, this single-family residence offers a relatively affordable entry into the competitive Oakland real estate market.
Detached Single-Family Home: As a standalone property, it provides privacy, independent living, and the absence of homeowner association fees, which is highly desirable.
Value-Add Potential: Built in 1951, the home presents an opportunity for buyers to personalize and renovate, potentially increasing its equity and modern appeal.
Oakland Location: Situated in Oakland, the property benefits from access to urban amenities, diverse culture, employment centers, and public transportation.
Cons
Extremely Compact Living Space: With only 707 square feet, the interior living area is significantly small, which may limit its appeal to a broad range of buyers.
Limited Room Configuration: The 2-bedroom, 1-bathroom layout restricts suitability for larger households or those requiring more functional space.
Potential for Age-Related Expenses: As a 1951 build, the property may require significant investment in updating major systems (e.g., electrical, plumbing, HVAC) and general modernization.