247 4th St 206, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
ACTIVE$499,000
247 4th St 206, Oakland, California 94607
1Bed
1Bath
1,332Sqft
15,021Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unique Loft Aesthetic & Flexible Layout: This warehouse-loft-style condo boasts industrial heritage with soaring ceilings, exposed pillars, and polished concrete floors, seamlessly blending with modern sophistication. Its open-concept design offers a highly flexible live/work space.
Top Cons:
High Monthly HOA Dues: The $745 monthly association fee, while inclusive of electricity, represents a substantial ongoing cost that could impact affordability and potentially deter some prospective buyers.
Compared to the nearby listings
Price:$499.0K vs avg $428.0K (+$71,000)64%
Size:1,332 sqft vs avg 990 sqft81%
Price/sqft:$375 vs avg $43819%
More Insights
Built in 1923 (102 years old).
Condition: This warehouse-loft style condo, built in 1923, has been extensively renovated to offer a modern industrial aesthetic. The property is move-in ready with no immediate renovations required. The kitchen features granite countertops and a stainless steel refrigerator, though the white dishwasher and range appear older and are not stainless steel, indicating the kitchen renovation may be 10-15 years old rather than brand new. The bathroom, however, is more recently updated with modern vessel sinks, a large glass-enclosed shower with pebble flooring, and contemporary fixtures. Flooring consists of well-maintained hardwood in living areas, polished concrete in the bathroom and common areas, and carpet in the bedroom/loft. While not all components are brand new, the property is well-maintained, functional, and stylish, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5 to 15 years.
Year Built
1923
Close
-
List price
$499K
Original List price
$599K
Price/Sqft
$375
HOA
$745
Days on market
-
Sold On
-
MLS number
41099929
Home ConditionGood
Features
View-
About this home
Welcome to this warehouse-loft-style live/work condo, where industrial heritage meets modern sophistication. Soaring ceilings, exposed pillars and polished concrete floors pay homage to the building's historic past, while the large window, fitted with Shoji screens, flood the open-concept space with natural light. The spacious kitchen with granite countertops and stainless steel appliances invite any chef to create a culinary masterpiece. Its layout offers a flexible live/work space, while amenities like in-unit laundry and roof top access provide comfort and convenience. Located in the hip Jack London Square neighborhood, there's easy access to great restaurants (like Nido's Backyard, Yoshi's, Farmhouse Thai), breweries, freeway, Laney College, Chinatown, the ferry, Alameda, Lake Merritt BART, Amtrak and much more. Be a part of an undeniably cool community with HOA dues that INCLUDES electricity & welcomes pets!
Nearby schools
8/10
Lincoln Elementary School
Public,•K-5•0.4mi
2/10
Martin Luther King, Jr. Elementary School
Public,•PK-3•1.0mi
3/10
La Escuelita Elementary School
Public,•K-8•0.7mi
3/10
West Oakland Middle School
Public,•6-8•1.1mi
2/10
Westlake Middle School
Public,•6-8•1.5mi
3/10
Mcclymonds High School
Public,•9-12•1.6mi
4/10
Oakland High School
Public,•9-12•2.0mi
7/10
Oakland Technical High School
Public,•9-12•2.7mi
2/10
Oakland International High School
Public,•9-12•2.7mi
2/10
Fremont High
Public,•9-12•3.6mi
Condition Rating
Good
This warehouse-loft style condo, built in 1923, has been extensively renovated to offer a modern industrial aesthetic. The property is move-in ready with no immediate renovations required. The kitchen features granite countertops and a stainless steel refrigerator, though the white dishwasher and range appear older and are not stainless steel, indicating the kitchen renovation may be 10-15 years old rather than brand new. The bathroom, however, is more recently updated with modern vessel sinks, a large glass-enclosed shower with pebble flooring, and contemporary fixtures. Flooring consists of well-maintained hardwood in living areas, polished concrete in the bathroom and common areas, and carpet in the bedroom/loft. While not all components are brand new, the property is well-maintained, functional, and stylish, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons
Pros
Unique Loft Aesthetic & Flexible Layout: This warehouse-loft-style condo boasts industrial heritage with soaring ceilings, exposed pillars, and polished concrete floors, seamlessly blending with modern sophistication. Its open-concept design offers a highly flexible live/work space.
Exceptional Jack London Square Location: Situated in the vibrant Jack London Square neighborhood, the property provides unparalleled access to diverse dining, breweries, cultural attractions, major transportation hubs (BART, Amtrak, Ferry, freeway), and nearby colleges and Chinatown.
Generous Living Space & Modern Kitchen: At 1332 sqft, this 1-bedroom unit offers a remarkably spacious layout. It features a well-appointed kitchen with granite countertops and stainless steel appliances, ideal for culinary enthusiasts.
Valuable Inclusions & Amenities: The HOA dues are particularly attractive as they include electricity, offering predictable utility costs. Additionally, the unit benefits from convenient in-unit laundry and access to a communal rooftop.
Pet-Friendly Community: The building's welcoming stance towards pets significantly broadens its appeal to a large segment of urban buyers looking for a home that accommodates their furry companions.
Cons
High Monthly HOA Dues: The $745 monthly association fee, while inclusive of electricity, represents a substantial ongoing cost that could impact affordability and potentially deter some prospective buyers.
Significant Price Reduction: A notable $100,000 price drop from the original listing price may signal initial overvaluation or market resistance, potentially raising questions for buyers regarding the property's true market value.
Limited Bedroom Count: As a 1-bedroom, 1-bathroom unit, its functionality is restricted for buyers requiring additional private rooms, such as families or those needing dedicated guest or office space beyond the live/work flexibility.