
Oakland, California 94608
This tri-level loft presents a High-Potential Investment Opportunity, listed at $515,000—positioned well above the $431,029 Fair Market Value by -19%. Featuring an Industrial Loft Aesthetic with exposed beams and a Private Patio, the property maintains a Fair Condition Rating (22 years old). While the unit offers excellent commuter access to BART and the Bay Bridge, the Buy-and-Hold Investors should note the lower-rated local schools. This is an ideal acquisition for urban professionals seeking a stylish, low-maintenance residence in West Oakland.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3116 Adeline St 110 Subject 1 bd · 2 ba · 764 sqft · $564 | $515,000* List Price | 1 | 2 | 764 | $564 | - |
A 1121 40th St #5102 5102 Active 2 bd · 2 ba · 758 sqft · $637 · 0.6 mi | $482,888 List Price | 2 | 2 | 758 | $637 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category (>20y). While the industrial loft aesthetic and polished concrete floors have aged well, the kitchen cabinetry and bathroom fixtures appear to be original builder-grade installations that are becoming dated and may soon require minor updates to remain competitive.
The tri-level design features soaring ceilings, exposed beams, and skylights that create a bright, stylish living environment with authentic industrial character.
Situated in West Oakland's Dogtown, the property offers exceptional access to the Bay Bridge, BART, and bus lines, making it a prime spot for San Francisco or East Bay commuters.
Unlike many urban lofts, this unit includes a private patio accessed via French doors, providing a rare and desirable indoor-outdoor flow for relaxation or entertaining.
With only 764 square feet distributed across three levels, the floor plan may feel restrictive for those seeking expansive living areas or traditional single-level accessibility.
Most nearby public schools carry low ratings ranging from 1 to 3, which could be a significant concern for families and may affect future appreciation potential.
Modern living meets industrial charm at Steel Works in West Oakland's Dogtown neighborhood. This distinctive tri-level loft offers 764 sq. ft. of thoughtfully designed living space with an open-concept floor plan, abundant natural light, and exceptional character. The spacious foyer welcomes you into the main living level, where the contemporary kitchen features stainless steel appliances, a gas range, and a seamless connection to the living and dining areas. French doors open from the living room to a private patio, creating an inviting indoor-outdoor living space perfect for morning coffee or evening entertaining. Skylights and oversized windows fill the home with natural light while highlighting the exposed beams and architectural details that give this residence its signature loft appeal. In-unit laundry is conveniently located on the main level, while a half bath provides added convenience for guests. The second level features a full bathroom with shower-over-tub, while the upper loft offers a bright and versatile space ideal for a home office, creative studio, reading nook, or additional storage. A secure off-street parking space within the gated lot adds valuable convenience. The pet-friendly community also offers shared space designed for relaxing and connecting with neighbors. Perfectly positioned near local breweries, cafes, parks, BART, bus lines, and the Bay Bridge, this unique residence puts the best of Oakland and the greater Bay Area within easy reach. A rare opportunity to own a stylish, low-maintenance urban home with character, functionality, and exceptional access to everything Oakland has to offer.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 2-5 • 1.0 mi
Grades PK-3 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 2.0 | 1.6 |
| Square foot | 764 | 969.659 |
| Lot Size | 20,844 | 16,354.274 |
| Price | $515.0K | $478.1K |
| Price per sq ft | $674 | $492 |
| Built year | 2004 | 1987 |
| HOA | $396.0 | $698 |
| Days on market | 57 | 60 |
Aug 28, 2026
$515,000
Initial Listing
Mar 25, 2022
$600,000
Public Record
Mar 11, 2020
$539,000
Public Record
Oct 14, 2011
$90,000
Public Record
Dec 17, 2004
$289,000
Public Record