340 29th Ave 204, Oakland, California 94601, Oakland, 94601 - 1 bed, 1 bath
ACTIVE$579,000
340 29th Ave 204, Oakland, California 94601
1Bed
1Bath
826Sqft
25,949Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unique 55+ Cohousing Community: The property is part of Phoenix Commons, a vibrant 55+ cohousing community, offering a unique lifestyle with built-in social interaction, shared amenities, and a supportive environment tailored for active seniors.
Top Cons:
Age Restriction (55+ Community): The property is exclusively for individuals aged 55 and older, which significantly narrows the potential buyer pool and marketability.
Compared to the nearby listings
Price:$579.0K vs avg $544.5K (+$34,500)50%
Size:826 sqft vs avg 1,242 sqft25%
Price/sqft:$701 vs avg $37475%
More Insights
Built in 2016 (9 years old).
Condition: This property was built in 2016, making it only 8 years old, which falls well within the 'Excellent' category's age criteria. The images confirm a 'full modern kitchen' as described, featuring stainless steel appliances, contemporary cabinetry, and modern lighting. The bathroom also appears virtually new with a clean, modern shower and fixtures. Flooring throughout is consistent and in excellent condition, and there are no visible signs of wear, tear, or deferred maintenance. All components meet current quality standards.
Year Built
2016
Close
-
List price
$579K
Original List price
$625K
Price/Sqft
$701
HOA
$809
Days on market
-
Sold On
-
MLS number
41104379
Home ConditionExcellent
Features
Deck
Pool
Spa
View-
About this home
Welcome to Phoenix Commons, a unique and vibrant 55+ Cohousing community located on the Estuary in Oakland's Jingletown neighborhood. Enjoy living independently in this one bedroom one bath condo with flexible space, perfect for office space, den, guest room, etc. Located on the eastern side of the building, the unit is bathed in morning light with filtered light softening the space in the afternoons. The unit boasts a full modern kitchen, high ceilings in-unit laundry capability, and more. HOA amenities include a library, exercise lap pool/hot tub, gym area, craft/hobby room, private community dock, guest accommodations, water garbage, internet and more. Close to Alameda's charming Park St business district, Bay Trail and public transit.
Nearby schools
3/10
International Community School
Public,•K-5•0.6mi
5/10
Think College Now School
Public,•K-5•0.6mi
4/10
Urban Promise Academy
Public,•6-8•0.9mi
3/10
United For Success Academy
Public,•6-8•1.3mi
2/10
Fremont High
Public,•9-12•1.4mi
2/10
Oakland International High School
Public,•9-12•4.4mi
Condition Rating
Excellent
This property was built in 2016, making it only 8 years old, which falls well within the 'Excellent' category's age criteria. The images confirm a 'full modern kitchen' as described, featuring stainless steel appliances, contemporary cabinetry, and modern lighting. The bathroom also appears virtually new with a clean, modern shower and fixtures. Flooring throughout is consistent and in excellent condition, and there are no visible signs of wear, tear, or deferred maintenance. All components meet current quality standards.
Pros & Cons
Pros
Unique 55+ Cohousing Community: The property is part of Phoenix Commons, a vibrant 55+ cohousing community, offering a unique lifestyle with built-in social interaction, shared amenities, and a supportive environment tailored for active seniors.
Extensive HOA Amenities: Residents benefit from a wide array of amenities including a library, exercise lap pool/hot tub, gym area, craft/hobby room, private community dock, and guest accommodations, enhancing the living experience.
Modern Unit Features & Flexible Space: The condo boasts a full modern kitchen, high ceilings, in-unit laundry capability, and flexible space perfect for an office, den, or guest room, catering to contemporary living needs.
Prime Waterfront Location & Accessibility: Situated on the Estuary in Oakland's Jingletown neighborhood, the property offers scenic surroundings and is conveniently close to Alameda's charming Park St business district, the Bay Trail, and public transit.
Recent Construction & Price Adjustment: Built in 2016, the property offers modern construction standards, and a recent price reduction from $625,000 to $579,000 presents a more attractive investment opportunity.
Cons
Age Restriction (55+ Community): The property is exclusively for individuals aged 55 and older, which significantly narrows the potential buyer pool and marketability.
High Monthly HOA Fees: The association fee of $809.0 per month is substantial and adds a significant recurring cost to homeownership, which may deter some buyers.
Limited Unit Size: With 1 bedroom, 1 bath, and 826 sqft, the unit offers limited living space, which might not be suitable for buyers seeking larger accommodations or additional rooms.