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Sold for $1,300,000
  • $1,300,000

    4987 Shafter Ave, Oakland, CA 94609

    4beds
    2,452sqft
    Residential, Single Family Residence
    Built in 1918
    7,000 Square Feet Lot
    $1,297,200 Zestimate®
    $530/sqft
    $6,407 Estimated rent

    Home value

    $1,297,200

    $1.18M - $1.43M

    $6,407/mo

    Zestimate® history
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    What's special

    Two Craftsman homes, one oversized lot, and a rare opportunity to create the kind of flexible East Bay lifestyle that’s becoming harder and harder to find. Tucked into the heart of Temescal, this soulful compound unfolds through gardens, orchard paths, and outdoor gathering spaces. A producing orchard of orange, plum, quince, and fig trees threads through the property, leading toward a magical rear courtyard strung with lights beneath a towering coastal redwood that has likely stood here longer than much of the neighborhood around it. The grounds invite long dinners outdoors and afternoons in the garden. Both homes are currently configured with attached private guest apartments, creating exceptional flexibility for multigenerational living, income, guests, creative workspaces, or future reimagining across the 2452 square feet. The front home (2BD/1BA + Studio/1BA Apartment) welcomes you with a gracious porch before opening into a bright living room with crown molding and hardwood floors that extend throughout the home. Two airy bedrooms share an updated bath, each with its own private access. The eat-in kitchen balances charm and personality with original built-ins, a walk-in pantry, and bold patterned floors. A separate entrance leads to the self-contained studio apartment, filled with natural light and connected to a full-height basement bonus space offering additional flexibility and storage. Toward the rear of the property, the second home (1BD/1BA + 1BD/1BA) is a classic redwood-shingled cottage with a distinctly romantic feel. Mullioned picture windows fill the living room with soft light, hardwood floors flow beneath an arched opening into the dining room, and the upstairs bedroom opens to a private balcony overlooking the gardens below. A vintage range anchors the kitchen with just the right amount of nostalgia. Downstairs, a non-conforming 1-bedroom apartment creates even more opportunity. A pergola draped in cascading bougainvillea, patios, raised garden beds, and multiple outdoor seating areas complete the property, along with off-street parking for several vehicles and expansion potential still to explore. Just moments from BART, the Temescal Farmers’ Market, and the vibrant Telegraph and College Avenue corridors, this is a property that offers not only flexibility and income potential, but a deeply rooted sense of place.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Gunderman DRE #01313613 510-205-4369,

    Kw Advisors East Bay,

    Joe Dickerson DRE #01961649 415-340-9001,

    Kw Advisors East Bay

    Bought with:

    Dan Fitzpatrick, DRE #01892947

    Compass

    Source: Bay East AOR,MLS#: 41134549MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: 2 Bedrooms, 1 Bath, Main Entry, Basement
    Kitchen
    • Features: Laminate Counters, Eat-in Kitchen, Gas Range/Cooktop, Pantry, Range/Oven Free Standing, Refrigerator
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
    • Laundry: Laundry Room, Common Area
    Features
    • In-Law Floorplan, Pantry
    • Flooring: Hardwood, Linoleum, Vinyl
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,452
    • Total interior livable area: 2,452 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Garden/Play, Garden
    • Pool features: None
    Lot
    • Size: 7,000 Square Feet
    • Features: Rectangular Lot, Landscaped, Back Yard, Side Yard, Landscape Back, Landscape Front
    Details
    • Parcel number: 1311467
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Brown Shingle,Craftsman
    • Property subtype: Residential, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Shingles
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Existing
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Electric: No Solar
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Individual Electric Meter, Individual Gas Meter

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Temescal
    HOA
    • Has HOA: No
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $530/sqft
    • Tax assessed value: $340,093
    • Price range: $1.3M - $1.3M
    • Date on market: 5/13/2026
    • Listing agreement: Excl Right
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/8/2026Listing removed$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    7/4/2026Listed for rent$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    6/9/2026Sold$1,300,000+18.7%$530/sqft
    Source: Bay East AOR #41134549 Report a problem
    5/29/2026Pending sale$1,095,000$447/sqft
    Source: Bay East AOR #41134549 Report a problem
    5/13/2026Listed for sale$1,095,000$447/sqft
    Source: Bay East AOR #41134549 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $340,093 +2%
    2024$6,662 -3%$333,425 +2%
    2023$6,870 +4.5%$326,887 +2%
    2022$6,572 +7.2%$320,478 +2%
    2021$6,129 +1.2%$314,195 +1%
    2020$6,058 +5.7%$310,974 +2%
    2019$5,732 +7%$304,876 +2%
    2018$5,357 $298,900 +2%
    2017$5,357 +4.3%$293,040 +2%
    2016$5,135 -1.8%$287,295 +1.5%
    2015$5,230 $282,980 +2%
    2014$5,230 $277,437 +0.5%
    2013-- $276,185 +2%
    2012-- $270,771 +2%
    2011-- $265,462 +0.8%
    2010-- $263,480 -0.2%
    2009-- $264,107 +2%
    2008-- $258,930 +2%
    2007-- $253,853 +2%
    2006-- $248,877 +2%
    2005-- $243,997 +2%
    2004-- $239,215 +1.9%
    2003-- $234,832 +2%
    2002-- $230,226 +2%
    2001$3,582 $225,712
    Find assessor info on the county website

    Neighborhood: Temescal

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,297,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,297,200