311 Oak Street Ph4, Oakland, California 94607, Oakland, 94607 - 2 bed, 2 bath
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Oakland, California 94607
This Penthouse Condominium is a Strong Value Opportunity, listed at $685,000—positioned well below the $736,614 Fair Market Value by 7%. This valuation gap offers $51,614 in Instant Equity for the buyer. Featuring a Good Condition Rating, the residence boasts 18-foot ceilings, sweeping city views, and side-by-side garage parking. With a Walk Score of 93 near Jack London Square, this property is an ideal acquisition for Owner-Occupants seeking urban luxury or Buy-and-Hold Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Oak Street Ph4 Subject | $685,000* List Price | 2 | 2 | 1,430 | $515 | - |
A 311 Oak St 25 Sold | $599,000 | 2 | 2 | 1,354 | $442 | 0.0 mi |
B 288 3rd St 505 Sold | $740,000 | 2 | 2 | 1,285 | $576 | 0.2 mi |
C 311 311 2nd St 311 Sold | $750,000 | 2 | 2 | 1,260 | $595 | 0.3 mi |
D 655 655 12th Street 120 Sold | $535,000 | 2 | 2 | 1,037 | $516 | 0.9 mi |
E 585 9th St Unit 535 Sold | $569,000 | 2 | 2 | 990 | $575 | 0.7 mi |
F 275 9th Street 3 Active | $599,999 List Price | 3 | 2 | 1,334 | $450 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is well-maintained and move-in ready. It features recent cosmetic upgrades including new carpet, designer paint, and LED lighting. While the kitchen and baths appear to be high-quality original finishes (limestone and Italian porcelain), the overall age and recent maintenance/system additions like air conditioning fit the 'Good' criteria.
Designed by Kava Massih, this penthouse features dramatic 18-foot ceilings and floor-to-ceiling windows that offer sweeping city views and exceptional natural light.
With a Walk Score of 93, the property is ideally located near Jack London Square, the SF Ferry, and BART, providing effortless access to dining, entertainment, and commuting.
The residence includes rare side-by-side garage parking and access to luxury building amenities such as a 24/7 concierge, heated lap pool, and a fitness center.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1430, other record living area = 1034. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The association fee of $1,132 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
While the local elementary school is highly rated, the assigned middle and high schools have significantly lower ratings (2-3), which may deter families prioritizing long-term education.
Experience penthouse living at The Sierra at Jack London Square. This stunning two-bedroom, two-bath residence, designed by award-winning Berkeley architect Kava Massih, features soaring 18-foot ceilings, a dramatic floor-to-ceiling bay window with sweeping city views, and refined finishes throughout. The main level offers a limestone entry, hardwood floor, sleek kitchen, sunlit bedroom, Italian porcelain-tiled bath, and in-unit laundry. Upstairs, the spacious loft-style primary suite includes a beautifully appointed bath and a private terrace - perfect for entertaining or enjoying a quiet morning retreat. Recent upgrades include new carpet, designer paint, Lutron dimmers, recessed LED lighting, custom closet shelving, and air conditioning. Two deeded side-by-side garage spaces are included! Residents enjoy resort-style luxury amenities including 24/7 concierge service, secure fob-controlled access, a heated lap pool, fitness center, sauna, media room, conference rooms, rooftop terraces, bicycle storage, and Wi-Fi in select common areas. With a Walk Score of 93, you're just blocks from Jack London Square, waterfront dining, wineries, breweries, coffee houses, live entertainment, farmers market, Oakland Estuary, SF Ferry, Lake Merritt BART, and Amtrak.
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 | 2.0 | 1.0 | 55% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 1,430 | 923 | 87% |
| Lot Size | 60,069.238 | 19,986 | 87% |
| Price | $685.0K | $400.0K | 85% |
| Price per sq ft | $479 | $447 | 62% |
| Built year | 2003 | 2006 | 43% |
| HOA | $1132.0 | $640 | 94% |
| Days on market | 3 | 143 | 2% |
Jun 4, 2026
$685,000
Initial Listing
Oct 30, 2003
$320,000
Public Record