311 Oak Street Ph4, Oakland, California 94607, Oakland, 94607 - 2 bed, 2 bath
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Oakland, California 94607
This Penthouse Condominium represents a Strong Value Opportunity, listed at $685,000—positioned well below the $755,888 Fair Market Value by 9%. This valuation gap provides $70,888 in Instant Equity. Featuring a Condition Rating of 3, the residence offers high-end finishes, 18-foot ceilings, and a private terrace with panoramic city views. With a Walk Score of 93 and resort-style amenities, this property is an ideal acquisition for Owner-Occupants seeking urban luxury or Buy-and-Hold Investors targeting the vibrant Jack London Square market.
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 | $529 | - |
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 585 9th St 443 Sold | $625,650 | 2 | 2 | 1,095 | $571 | 0.7 mi |
E 655 655 12th Street 120 Sold | $535,000 | 2 | 2 | 1,037 | $516 | 0.9 mi |
F 585 9th St Unit 535 Sold | $569,000 | 2 | 2 | 990 | $575 | 0.7 mi |
G 555 10th Street 201 Sold | $560,000 | 2 | 2 | 906 | $618 | 0.7 mi |
H 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, this property is just over 20 years old but remains in move-in ready condition due to high-end original finishes like limestone and Italian porcelain. Recent upgrades to systems and cosmetics, including new air conditioning, LED lighting, carpet, and paint, offset the age of the kitchen and baths.
Boasting a Walk Score of 93, the property is ideally situated in Jack London Square, offering immediate access to waterfront dining, the SF Ferry, BART, and vibrant entertainment options.
Designed by Kava Massih, this penthouse features dramatic 18-foot ceilings and floor-to-ceiling bay windows that provide exceptional natural light and sweeping city views.
The residence includes two rare deeded side-by-side garage spaces and access to resort-style amenities such as a 24/7 concierge, heated lap pool, and a full 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 is $1,132 per month, which is a significant recurring expense that may impact affordability and debt-to-income ratios for some buyers.
While the local elementary school is highly rated, the assigned middle and high schools in the district have lower performance scores, which could be a drawback for families.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,430 | 1,032 |
| Lot Size | 60,069.238 | 17,988 |
| Price | $685.0K | $523.2K |
| Price per sq ft | $479 | $487 |
| Built year | 2003 | 1975 |
| HOA | $1132.0 | $730 |
| Days on market | 48 | 53 |
Jun 4, 2026
$685,000
Initial Listing
Oct 30, 2003
$320,000
Public Record