Welcome to 500 5th Street, a charming single-story home on a 1/4 acre lot located in the heart of Oakley! Featuring 3 bedrooms, 2 bathrooms, a spacious indoor laundry room, and a double-sided wood-burning fireplace, this home offers a warm and inviting layout with plenty of potential. This premium lot offers a low-maintenance backyard with storage sheds, and a covered patio - perfect for relaxing or entertaining. The detached garage with its own bathroom offers the possibility for an in-law unit for potential rental income or multi-generational living. While this home needs a bit of TLC to truly shine again, it presents a fantastic opportunity to customize and build equity. With great bones and a flexible floor plan, a little updating will go a long way. Located just minutes from downtown Oakley's shops, restaurants, and community amenities. This is a rare find with tons of upside. Bring your vision and make this home your own!