1920 Union St 9, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
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Oakland, California 94607
This Industrial Loft represents a Strong Value Opportunity, listed at $375,000—positioned well below the $397,012 Fair Market Value by 5%. This valuation gap offers $22,012 in Instant Equity for the buyer. Featuring Flexible Live/Work Zoning and a Condition Rating of 3, the unit offers authentic 1930s factory character with modern connectivity. Its ground-floor commercial potential and proximity to local hubs make this an ideal acquisition for Buy-and-Hold Investors or creative professionals seeking a versatile urban space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1920 Union St 9 Subject | $375,000* List Price | 1 | 1 | 1,006 | $395 | - |
A 1201 Pine St 365 Sold | $345,000 | 1 | 1 | 781 | $442 | 0.8 mi |
B 2400 Adeline St 304 Sold | $449,000 | 2 | 2 | 1,139 | $394 | 0.3 mi |
C 2400 Adeline St 403 Sold | $385,000 | 1 | 1 | 894 | $431 | 0.3 mi |
D 1201 1201 Pine St 354 Active | $459,000 List Price | 1 | 1 | 1,031 | $445 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1930s factory conversion is well-maintained and move-in ready. While the kitchen features older white appliances and cabinetry likely dating back 15-20 years, the unit is functional with intact original industrial features, clean flooring, and updated wall-mounted HVAC, fitting the criteria for a well-maintained older renovation.
Housed in a converted 1930s factory, the unit features original wood flooring and a massive industrial window wall that provides exceptional natural light and a sought-after loft aesthetic.
The ground-floor location is approved for commercial use, offering rare versatility for entrepreneurs or creative professionals seeking a dual-purpose space in a pet-friendly building.
At a price point of $375,000 for over 1,000 square feet, this property offers a highly competitive cost-per-square-foot compared to traditional residential units in the Oakland area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1006, other record living area = 1216.
The listing's specific mention of a preferred lender and the encouragement of loan contingencies suggest the property may not meet standard Fannie Mae/Freddie Mac requirements, potentially limiting buyer options.
A self-managed HOA can lead to inconsistencies in building maintenance and often presents hurdles for traditional mortgage underwriting compared to professionally managed associations.
Ground floor loft for commercial use-residential use must be okayed by the condo board--buyer to verify. May require commercial loan, cash or SBA loan. One form of egress through unit's door. Classic loft styling in a converted 1930 factory in a live/work building already wired for Sonic high-speed internet. Original factory wood flooring upstairs, industrial tile downstairs, tons of storage on both levels. Original industrial window wall lets in plenty of natural light. Close proximity to Ghost Town Brewery, Pacific Pipe, DeFremery Park and Oakland Public Library West Oakland. Plus a darn good cappuccino at Proyecto Diaz Coffee! Pet friendly building with self-managed HOA--no management fees. HOA dues are reasonable at $454, below median for comparable Oakland units. Offers as they come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,006 | 1,032 |
| Lot Size | 17,844 | 17,988 |
| Price | $375.0K | $523.2K |
| Price per sq ft | $373 | $487 |
| Built year | 1930 | 1975 |
| HOA | $454.0 | $730 |
| Days on market | 33 | 53 |
Jun 19, 2026
$375,000
Initial Listing
Apr 17, 2008
$92,000
Public Record
Jan 22, 2008
$275,000
Public Record