$865,000
●
House -
Off Market
485 55th St
Oakland, CA 94609
2 Beds
1 Bath
854 Ft²
$3,924
Est. Monthly
About This Property
Tucked into the heart of Temescal, this delightful two-bedroom
bungalow is filled with warmth, light, and charm. Located just one
block from Telegraph Avenue on a street that does not serve as a
through route to the avenue, the home enjoys easy access to the
neighborhood's amenities while maintaining a residential feel
within an urban setting. A dramatic skylight brightens the heart of
the home, while the thoughtfully updated kitchen and bathroom blend
modern comfort with timeless appeal. Outside, lovely fenced side
and rear patios extend the living space, creating inviting settings
for entertaining friends, enjoying a morning coffee, or unwinding
at the end of the day. Off-street parking adds convenience. Whole
Foods, the Sunday Temescal Farmers' Market, neighborhood cafes,
acclaimed restaurants, shopping, BART, and commuter routes are all
within easy reach, offering an exceptional Temescal lifestyle.
Unit Size
854 Ft²
Days on Market
28 days
Land Size
0.05 acres
Price per sqft
$936
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1919
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (bridgeMLS/CCAR/Bay East AOR #41142771)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Listed by The GRUBB Company | $799,000 | |
| Listed by The GRUBB Company | |||
| May 3, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by WINKLER REAL ESTATE GROUP | $599,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
| | |||
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Don't miss this gem in the heart of Temescal. Updated One bedroom bungalow located in one of the most central areas of Oakland's Temescal neighborhood. Situated one block off of Telegraph Ave, this property is located between Downtown Oakland and UC Berkeley and just a quick stroll to Macarthur or Rockridge BART. On Sundays enjoy Temescal Farmers market located a few blocks away and barbecuing in the sunny low maintenance back yard. Interior architecture boasts a modern open floor plan with skylights throughout. Home features updated kitchen and bath, hardwood floors, double pane windows, central heat and interior laundry closet, plus off street parking for two cars. Great location near all that Telegraph as to offer for food and fun.
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About North Oakland
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Listed by: Marcia Weske, The GRUBB Company
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 41142771
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 41142771
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