311 Oak St 520, Oakland, California 94607, Oakland, 94607 - 1 bed, 2 bath
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Oakland, California 94607
This Sophisticated Loft Residence represents a Strong Value Opportunity, listed at $398,000—positioned well below the $433,464 Fair Market Value by 8%. This valuation gap provides $35,464 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this move-in ready home offers floor-to-ceiling windows, exposed concrete ceilings, and resort-style amenities like a lap pool and concierge. Ideally located in the Jack London District, this property is perfect for Buy-and-Hold Investors or first-time buyers seeking urban connectivity.
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 | $370 | - |
A 311 Oak St. 801 Sold | $405,200 | 1 | 1 | 923 | $439 | 0.0 mi |
B 423 423 7th St 220 Sold | $298,000 | 1 | 1 | 785 | $380 | 0.5 mi |
C 423 7th St 506 Sold | $308,000 | 1 | 1 | 791 | $389 | 0.5 mi |
D 989 989 Webster St 450 Sold | $315,000 | 2 | 2 | 821 | $384 | 0.5 mi |
E 801 801 Franklin St 1022 Sold | $382,000 | 2 | 2 | 1,140 | $335 | 0.5 mi |
F 801 Franklin St. 1219 Sold | $350,000 | 2 | 6 | 1,200 | $292 | 0.5 mi |
G 311 Oak Street 829 Active | $398,000 List Price | 1 | 1 | 1,062 | $375 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, the property is approximately 21 years old and remains in well-maintained, move-in ready condition. The kitchen features functional stainless steel appliances and contemporary cabinetry, while the bathroom and hardwood flooring appear clean and functional. It avoids a 'Fair' rating as it shows no immediate need for repairs or significant updates despite its age.
This sun-drenched loft features soaring volume, floor-to-ceiling windows, and a spacious 1,171 sqft open-concept layout that perfectly blends sophisticated concrete accents with warm maple hardwoods.
The Sierra offers a comprehensive resort-style living experience including 24/7 concierge service, a lap pool, sauna, fitness center, and specialized social spaces like a billiards lounge and media room.
Located in the heart of the Jack London District, the property provides unparalleled access to the SF Ferry, BART, and Amtrak, alongside vibrant waterfront dining and entertainment just steps away.
The association fee is $1,132 per month, which represents a significant recurring expense relative to the list price and may impact the overall affordability for some buyers.
While the local elementary school is highly rated, the assigned middle and high schools in the district have lower performance ratings, which could be a drawback for families or long-term resale value.
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 | 1.0 | 51% |
| Square foot | 1,171 | 923 | 75% |
| Lot Size | 60,085 | 19,986 | 87% |
| Price | $398.0K | $400.0K | 49% |
| Price per sq ft | $340 | $446 | 15% |
| Built year | 2003 | 2006 | 43% |
| HOA | $1132.0 | $640 | 94% |
| Days on market | 3 | 143 | 2% |
Jun 4, 2026
$398,000
Initial Listing
Aug 1, 2011
$205,000
Public Record
May 24, 2004
$433,000
Public Record