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438 65Th St

Elmwood/No.Oak · Oakland

438 65Th St

Style

Single Family Residence

Zoning

RM-1

Year built

1906

Existing

4 bd · 2 ba

Interior

2,178 sf

Lot size

3,758 sf

$1,495,000

For Sale

Development Scenarios

Here's how you can use existing housing laws to add more housing units to this property. For illustrative purposes only, as actual site conditions should be verified in person.

ADU

Add 1 potential unit to the backyard
$233K-$319K estimated cost
$357K-$714K future value add

Applicable but Space Constrained: Single-Family or Multi-Family Homes on Separate Lots

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Density level

Density controls will appear after the model finishes loading.

Generating the lot configuration for this scenario and density...

Financials

These estimates model the potential development economics for this scenario using local construction costs and comparable sale prices. They're provided for illustrative purposes only and aren't financial advice.

Selected ScenarioADU
Estimated Project Cost
$1,772,834
ADU scenario · 1 new unit · 299 new sf
Build Cost / SF
$
ADU build cost$232,984
13% of project cost
Property acquisition$1,539,850
87% of project cost
Estimated Project Value (2 Year)
$1,851,936
$1,795,480 1-year project value ·
4.5% total ROI
$79,102 potential ROI
Added scenario value$356,936
19% of completed value
Current property value$1,495,000
81% of completed value
Acquisition87%
Soft Costs3%
Hard Costs10%
Value Projections
Today list price$1,495,000
24-month added value$356,936
24-month project value$1,851,936
Potential ROI$79,102
Assumptions
Current sale / sf$686
Average sale / sf$846
Annual growth18.8%
Comp bedrooms4
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft299 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
2
# of new homes
1
Total homes
3
Per Home
$770K
Per Home
$233K
Per Home
$591K
# of original sq ft
2,178
# of new sq ft
299
Total sq ft
2,477
Per Sq Ft
$707
Per Sq Ft
$779
Per Sq Ft
$716
Total
$1.54M
Total
$233K
Total
$1.77M
Financing Estimate
Construction Loan

Estimate construction proceeds, cash required, and interest-only payments.

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$233K
Loan proceeds
65% loan-to-cost
$151K
Cash required
Unfinanced development cost
$82K
Monthly payment
Interest-only estimate
$1K

Timeline

Typical project phasing based on the selected scenario, density, and generated development scope.

Estimated Total Duration

11 months

ADU

Design

Concept design, site planning, and early coordination.

1 month

Month 1

Permitting

Planning review, entitlement approvals, and building permits.

3 months

Month 2 - Month 4

Site Work

Utility coordination, grading, and site preparation.

2 months

Month 5 - Month 6

Construction

Vertical construction through final inspection.

5 months

Month 7 - Month 11

Property Overview

MLS: bridgeMLS

Property information from bridgeMLS

Listed by Stuart Maus · Red Oak Realty

bridgeMLS © 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 20, 2026 at 7:40 PM PDT.

Location

Data from Type Five
Jurisdiction
Oakland
Zoning
RM-1
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Telegraph Av & Alcatraz Av)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
No
Landslide Risk
No
Fault Zone
No

Fire Risk

Data from Type Five
Fire Hazard Zone
NOT IN VHFHZ
Fire Responsibility
LRA
Wildfire Protection Req.
No
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438 65Th St, Oakland Infill Potential — Infillworks