Recently Listed Open House 5/24 2pm - 4pm
4989 SHAFTER AVENUE
Oakland, CA, 94609 $ 1,095,000
Baths1.0 Monthly Estimate*
$ 6,742
Listed by KW Advisors East Bay
Studio for $1,095,000 with 1 full bath. This home was built in 1918 on a lot size of 0.1607.
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.
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Open House
5/24/2026 2:00 PM - 4:00 PM
4989 SHAFTER AVENUE Oakland, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralHeating Floor Furnace Natural Gas Wall Furnace
Possession Close Of Escrow
Roof Shingle
Appliances Gas Water Heater Dryer Washer
HOA Fee 0
Construction Materials Stucco Wood Siding
Year Built 1918
Property Subtype Single Family Residence
County Alameda
Property Type Residential Income
Subdivision Name TEMESCAL
Status Active
Directions Cross Street: 50th St.
City Oakland
Disclosures Rent Control
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Conventional
Rent Control Y/N true
Standard Status Active
Virtual Tour https://thegundermangroup.com/property/4987-shafter-avenue-oakland/
Property Sub Type Additional Single Family Residence
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InteriorFlooring Laminate Vinyl Wood
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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ExteriorParking Features On Street
Lot Features Back Yard Front Yard Garden Yard
Total Parking 2
Lot Size Area 7000
Lot Size Acres 0.1607
Lot Size Source Measured
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* Excluded FeaturesList ByKw Advisors East BayBroker
David@thegundermangroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,742
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Oakland, CA
Average List Price $1,102,549
Percent of Sale Price 1%
About Oakland, CA 423,136 Population
6% Since 2002
$ 62,902 Median Income
38.73 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $1,095,000 | | Listed Price |