311 Oak St. 703, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
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311 Oak St. 703
Oakland, California 94607
ACTIVE
CONDITION: GOOD
1Beds
1Baths
870Sq Ft
60,085Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$350,164
7% AboveMARKET VALUE
SUMMARY
This Modern Industrial Condominium at The Sierra represents a Strong Value Opportunity, listed at $375,000—positioned well above the $350,165 Fair Market Value. While the property carries a premium, it offers a Condition Rating of 3 with high-end amenities including a lap pool, 24/7 concierge, and fitness center. The unit features an open, light-filled layout with exposed concrete and built-in storage. Ideally located in the Jack London District, this residence is perfect for Urban Professionals or first-time buyers seeking a transit-oriented lifestyle.
Estimated Market Value
$350,164
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. 703 Subject 1 bd · 1 ba · 870 sqft · $402 | $375,000* List Price | 1 | 1 | 870 | $402 | - |
A 675 675 8th Street 15 Sold 2 bd · 2 ba · 849 sqft · $444 · 0.8 mi | $377,000 | 2 | 2 | 849 | $444 | 0.8 mi |
B 675 8th St 10 Sold 1 bd · 2 ba · 866 sqft · $387 · 0.8 mi | $335,000 | 1 | 2 | 866 | $387 | 0.8 mi |
C 423 423 7th St 220 Sold 1 bd · 1 ba · 785 sqft · $380 · 0.5 mi | $298,000 | 1 | 1 | 785 | $380 | 0.5 mi |
D 423 7th St 506 Sold 1 bd · 1 ba · 791 sqft · $389 · 0.5 mi | $308,000 | 1 | 1 | 791 | $389 | 0.5 mi |
E 989 Franklin St 621 Sold 1 bd · 1 ba · 524 sqft · $506 · 0.5 mi | $265,000 | 1 | 1 | 524 | $506 | 0.5 mi |
F 801 Franklin St 607 Sold 2 bd · 2 ba · 880 sqft · $375 · 0.5 mi | $330,000 | 2 | 2 | 880 | $375 | 0.5 mi |
G 201 4th St 302 Sold 1 bd · 1 ba · 1,036 sqft · $467 · 0.1 mi | $484,000 | 1 | 1 | 1,036 | $467 | 0.1 mi |
H 311 Oak St 520 Sold 1 bd · 2 ba · 1,171 sqft · $333 | $390,000 | 1 | 2 | 1,171 | $333 | - |
I 311 Oak Street 829 Active Under Contract 1 bd · 1 ba · 1,062 sqft · $330 · 0.0 mi | $350,000 List Price | 1 | 1 | 1,062 | $330 | 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), the property is well-maintained and move-in ready. The kitchen features functional stainless steel appliances and white cabinetry, while the industrial-style exposed concrete and hardwood floors remain in good condition without immediate need for major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Building Amenities
The Sierra offers a robust suite of luxury amenities including a 24/7 concierge, lap pool, sauna, fitness center, and media rooms, providing a high-end, full-service lifestyle.
- Prime Transit-Oriented Location
Situated in the vibrant Jack London District, the property boasts exceptional walkability to dining and entertainment, with seamless access to the SF Ferry, BART, and Amtrak for easy commuting.
- Modern Industrial Aesthetic
This 7th-floor unit features a light-filled open layout with authentic exposed concrete and built-in storage, offering a stylish urban character that appeals to contemporary buyers.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $1,044 per month, the association fees are significantly high for a one-bedroom unit, which may impact buyer affordability and overall monthly carrying costs.
- Underperforming Secondary Schools
While the elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which could affect long-term resale value and appeal to families.
About 311 Oak St. 703
Experience modern living at The Sierra in Oakland’s Jack London District. At just under 900 square feet, this 1BR/1BA condo on the 7th floor offers an open, light filled layout, and a moody bedroom with built-in storage. Exposed concrete add authentic urban character. Building amenities include a 24/7 concierge, fitness center, lap pool, sauna, media and conference rooms, billiards lounge, and an on-site deli. You’re steps from dining, breweries, shops, and waterfront trails, with easy access to the SF Ferry, BART, Amtrak, and freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 60,085 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1044.0 / 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 | 1.0 | 1.6 |
| Baths | 1.0 | 1.6 |
| Square foot | 870 | 969.659 |
| Lot Size | 60,085 | 16,354.274 |
| Price | $375.0K | $478.1K |
| Price per sq ft | $431 | $492 |
| Built year | 2003 | 1987 |
| HOA | $1044.0 | $698 |
| Days on market | 2 | 60 |
Pricing History
Listed for Sale
Oct 22, 2026
$375,000
Initial Listing
Sold
Aug 1, 2025
$410,000
Public Record
Sold
Nov 16, 2004
$425,000
Public Record
Sold
Aug 27, 2003
$293,500
Public Record