311 Oak St 520, Oakland, California 94607, Oakland, 94607 - 1 bed, 2 bath
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Oakland, California 94607
This Sophisticated Urban Loft is a Strong Value Opportunity, listed at $425,000—positioned well below the $475,798 Fair Market Value by 10%. This valuation gap provides $50,798 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the residence features maple hardwood flooring, exposed concrete ceilings, and floor-to-ceiling windows with marina views. Residents benefit from resort-style amenities and proximity to the highly-rated Lincoln Elementary School. This is an exceptional acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting the vibrant Jack London District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Oak St 520 Subject | $398,000* List Price | 1 | 2 | 1,171 | $340 | - |
A 423 7th Street 115 Sold | $428,000 | 2 | 2 | 1,246 | $343 | 0.5 mi |
B 801 801 Franklin St 1022 Sold | $382,000 | 2 | 2 | 1,140 | $335 | 0.5 mi |
C 311 Oak St. 801 Sold | $405,200 | 1 | 1 | 923 | $439 | - |
D 988 Franklin St 523 Sold | $379,000 | 2 | 2 | 866 | $438 | 0.5 mi |
E 423 7th St 303 Active | $439,000 List Price | 2 | 1 | 1,158 | $379 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this property is move-in ready and reflects a well-maintained urban loft aesthetic. It features high-quality maple hardwood flooring, floor-to-ceiling windows, and architectural concrete elements that remain stylish. While the property is 21 years old and does not appear to have undergone a full recent renovation to meet 'excellent' criteria, its condition is superior to 'fair' due to the high level of upkeep and premium building amenities.
Situated in the heart of the Jack London District, this property offers unparalleled access to waterfront paths, dining, and major transit hubs including BART, Amtrak, and the SF Ferry.
The Sierra provides a luxury lifestyle with 24/7 concierge service, a fitness center, lap pool, sauna, and specialized recreation rooms, offering high value for residents.
The unit features an impressive open-concept layout with floor-to-ceiling windows, exposed concrete ceilings, and architectural columns that create a modern, light-filled aesthetic.
The association fee of $1,132 per month is substantial and may impact the overall affordability and borrowing power for many prospective buyers.
While the elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which may be a deterrent for families prioritizing education.
Sophisticated, urbane, and effortlessly chic, this sun-drenched loft residence offers refined city living in Oakland’s coveted Jack London District at The Sierra. Soaring volume and floor-to-ceiling windows create a light-filled open concept living space with serene glimpses of sailboats and distant hills as your daily backdrop.The expansive bedroom loft provides a peaceful retreat with a large closet and ample wall space for custom furnishings or a private work-from-home setup. Beautiful carpet and warm maple hardwood flooring add radiance and comfort while perfectly complementing the cool, modern contrast of exposed concrete ceilings and architectural columns. Residents of The Sierra enjoy resort style amenities including 24/7 concierge service, a fully equipped fitness center, lap pool, sauna, media and conference rooms, billiards lounge, and an on site deli. An exceptional Oakland lifestyle awaits, with dining, breweries, waterfront paths, retail, and entertainment just outside your door. Enjoy smooth access to BART, SF Ferry, Amtrak, and major freeways moments away.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-3 • 1.1 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,171 | 976 | 75% |
| Lot Size | 60,085 | 15,021 | 88% |
| Price | $398.0K | $405.2K | 42% |
| Price per sq ft | $340 | $442 | 11% |
| Built year | 2003 | 2006 | 37% |
| HOA | $1132.0 | $623 | 93% |
| Days on market | 82 | 201 | 18% |
Apr 18, 2026
$398,000
$425,000
-6% Price Drop
Initial Listing
Mar 28, 2026
$425,000
$438,000
-3% Price Drop
Initial Listing
Feb 26, 2026
$438,000
$399,000
+10% Price Increase
Initial Listing
Jan 30, 2026
$399,000
Initial Listing
Aug 1, 2011
$205,000
Public Record
May 24, 2004
$433,000
Public Record