311 Oak St 720, Oakland, California 94607, Oakland, 94607 - 2 bed, 1 bath
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311 Oak St 720
Oakland, California 94607
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,211Sq Ft
60,085Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$466,867
8% BelowMARKET VALUE
SUMMARY
This Modern Loft-Style Condominium is a Strong Value Opportunity, listed at $425,000—positioned well below the $466,867 Fair Market Value by 8%. This valuation gap offers $41,867 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes contemporary upgrades like bamboo flooring and quartz countertops. Residents enjoy resort-style amenities including a Heated Lap Pool and 24/7 concierge. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey urban lifestyle in Jack London Square.
Estimated Market Value
$466,867+$41,867 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Oak St 720 Subject | $425,000* List Price | 2 | 1 | 1,211 | $386 | - |
A 675 675 8th Street 15 Sold | $377,000 | 2 | 2 | 849 | $444 | 0.8 mi |
B 226 2nd St G2 Sold | $400,000 | 1 | 1 | 897 | $446 | 0.2 mi |
C 675 8th St 10 Sold | $335,000 | 1 | 2 | 866 | $387 | 0.8 mi |
D 423 423 7th St 220 Sold | $298,000 | 1 | 1 | 785 | $380 | 0.5 mi |
E 428 Alice Street 637 Sold | $349,000 | 1 | 1 | 780 | $447 | 0.2 mi |
F 423 7th St 506 Sold | $308,000 | 1 | 1 | 791 | $389 | 0.5 mi |
G 801 Franklin St 607 Sold | $330,000 | 2 | 2 | 880 | $375 | 0.5 mi |
H 801 801 Franklin St 1022 Sold | $382,000 | 2 | 2 | 1,140 | $335 | 0.5 mi |
I 311 311 Oak St 720 Pending | $399,000 List Price | 2 | 1 | 1,211 | $329 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2003 (21 years old) but features recent contemporary renovations including quartz countertops, stainless steel appliances, and bamboo flooring. The unit is well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Jack London Square, this property offers exceptional walkability to waterfront dining, breweries, and multiple transit options including BART and the SF Bay Ferry.
- Resort-Style Amenities
The Sierra community provides a premium lifestyle package featuring a 24/7 lobby concierge, heated lap pool, sauna, fitness center, and secured garage parking.
- Modern & Flexible Layout
The 1,211 sqft loft-style interior boasts floor-to-ceiling windows, contemporary bamboo flooring, and a versatile bonus room perfect for a home office or guest space.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,102 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Limited Bathroom Count
For a two-bedroom unit exceeding 1,200 square feet, the presence of only one bathroom may be a functional drawback for roommates or families.
About 311 Oak St 720
TRANSPARENT PRICING! Experience elevated urban living at Unit 720 in The Sierra, a modern condominium community in the heart of Jack London Square. Built in 2003, this distinctive loft-style residence offers approximately 1,211 square feet of thoughtfully designed living space, combining style, comfort, and flexibility. The main level features an open-concept layout filled with natural light from expansive floor-to-ceiling windows overlooking the serene pool area. Contemporary upgrades include bamboo flooring, quartz countertops, stainless steel appliances, and custom accent walls that add warmth and modern character.An additional bonus room provides a versatile retreat ideal for a home office, workout area, or guest space. Residents of The Sierra enjoy an exceptional suite of resort-style amenities, including a heated lap pool, sauna, fitness center, game room, secured garage parking, and 24/7 lobby concierge service. Step outside to enjoy the energy of Jack London Square, with acclaimed restaurants, coffee shops, breweries, and waterfront destinations just moments away. Commuters will love the unbeatable access to I-880, Alameda, BART, and the SF Bay Ferry.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 60,085 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1102.0 / Month
Neighborhood Insights
Oakland Unified Schools
Lincoln Elementary School
Grades K-5 • 0.4 mi
8/10
Martin Luther King, Jr. Elementary School
Grades PK-3 • 1.1 mi
2/10
La Escuelita Elementary School
Grades K-8 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 1.0 | 1.6 |
| Square foot | 1,211 | 952.848 |
| Lot Size | 60,085 | 16,731.21 |
| Price | $425.0K | $488.1K |
| Price per sq ft | $351 | $502 |
| Built year | 2003 | 1991 |
| HOA | $1102.0 | $683 |
| Days on market | 29 | 60 |
Pricing History
Listed for Sale
Aug 11, 2026
$425,000
Initial Listing
Sold
Dec 24, 2014
$435,000
Public Record
Sold
Dec 19, 2003
$410,000
Public Record