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484 Phelps St

Oakland · Oakland

484 Phelps St

Style

Single Family Residence

Zoning

RD

Year built

1944

Existing

5 bd · 4 ba

Interior

1,920 sf

Lot size

5,070 sf

$759,000

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
$272K-$472K estimated cost
$141K-$371K future value add

Single-Family Homes and ADUs on Separate Lots

Some density options may be space constrained
Add 1 potential unit
$559K estimated cost
Loading infill model...

Density level

Density controls will appear after the model finishes loading.

You can demo a structure as long as its vacant / condemned / owner-occupied, has been off the rental market for 5 years, and has no Ellis act evictions in the past 15 years.

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
$1,053,572
ADU scenario · 1 new unit · 400 new sf
Build Cost / SF
$
ADU build cost$271,802
26% of project cost
Property acquisition$781,770
74% of project cost
Estimated Project Value (2 Year)
$899,625
$916,500 1-year project value ·
-14.6% total ROI
-$153,947 potential ROI
Added scenario value$140,625
16% of completed value
Current property value$759,000
84% of completed value
Acquisition74%
Soft Costs6%
Hard Costs20%
Value Projections
Today list price$759,000
24-month added value$140,625
24-month project value$899,625
Potential ROI-$153,947
Assumptions
Current sale / sf$395
Average sale / sf$441
Annual growth-10.7%
Comp bedrooms5
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft400 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
N/A
# of new homes
1
Total homes
1
Per Home
N/A
Per Home
$272K
Per Home
$1.05M
# of original sq ft
1,920
# of new sq ft
400
Total sq ft
2,320
Per Sq Ft
N/A
Per Sq Ft
$680
Per Sq Ft
$454
Total
$782K
Total
$272K
Total
$1.05M
Financing Estimate
Construction Loan

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

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$272K
Loan proceeds
65% loan-to-cost
$177K
Cash required
Unfinanced development cost
$95K
Monthly payment
Interest-only estimate
$2K

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 O'Lanre Owoborode · Realty ONE Group TODAY

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 October 19, 2026 at 2:34 PM PDT.

Location

Data from Type Five
Jurisdiction
Oakland
Zoning
RD
Overlay Districts
-
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Edes Av & Phelps St · 0.05 mi)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
Yes
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