1428 Madison St #104, Oakland, California 94612, Oakland, 94612 - 1 bed, 1 bath
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Oakland, California 94612
This fully renovated Lakeside condominium is a Strong Value Opportunity, listed at $279,000—positioned well below the $300,995 Fair Market Value by 7%. This valuation gap provides $21,995 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the interior features a brand-new kitchen, designer flooring, and a private patio with access to a community pool. Located steps from Lake Merritt and the top-rated Lincoln Elementary School, it offers a turnkey urban lifestyle. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1428 Madison St #104 Subject | $279,000* List Price | 1 | 1 | 554 | $543 | - |
A 630 Thomas L Berkley Way 102 Sold | $335,000 | 1 | 1 | 614 | $546 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a fully renovated condo featuring a brand-new kitchen, bathroom, appliances, and flooring. Despite the 1961 original build date, the interior is in mint, move-in ready condition following a recent comprehensive renovation (<5 years).
The unit has been fully updated with a brand-new kitchen, bathroom, appliances, and flooring, offering a modern, move-in-ready experience that eliminates immediate renovation costs.
Situated in the desirable Lakeside area, the property is minutes from Lake Merritt, Downtown Oakland, and major transit hubs, providing exceptional walkability and commuting convenience.
Listed at $279,000—significantly below its 2021 sale price of $435,000—this property represents a high-potential investment or an affordable entry point into the Oakland market.
At 554 square feet, the living space is relatively compact, which may be a constraint for buyers seeking extra storage or a dedicated home office area.
Built in 1961, the building's older construction may lead to higher long-term maintenance requirements or potential special assessments compared to newer condominium developments.
Welcome to this beautifully fully renovated condo in the heart of Oakland, offering stylish comfort and convenient urban living. The home features a brand-new kitchen and bathroom, new appliances, and stylish new flooring throughout, creating a fresh, contemporary space that is completely move-in ready. The living area opens to a private patio, creating a seamless indoor-outdoor flow that’s ideal for relaxing or enjoying your morning coffee, bringing in natural light and provides a pleasant outdoor retreat. Residents also enjoy a secure building with underground parking as well as access to a community swimming pool. Located just minutes from the vibrant energy of Lake Merritt, Downtown Oakland and Chinatown, this condo offers easy access to public transportation, major freeways, and commuting to San Francisco. Perfect for owner occupancy or as a rental investment opportunity—don’t miss this one!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 554 | 1,255.5 | 5% |
| Lot Size | 12,295 | 11,834 | 50% |
| Price | $279.0K | $527.5K | 5% |
| Price per sq ft | $504 | $476 | 64% |
| Built year | 1961 | 2001 | 27% |
| HOA | $421.0 | $796 | 14% |
| Days on market | 37 | 145 | 5% |
Apr 30, 2026
$279,000
Initial Listing
May 7, 2021
$435,000
Public Record
Jan 23, 2013
$140,000
Public Record
May 9, 2002
$145,000
Public Record