377 Palm Ave 305, Oakland, California 94610, Oakland, 94610 - 2 bed, 1 bath
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377 Palm Ave 305
Oakland, California 94610
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
825Sq Ft
10,419Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$458,173
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $449,000—positioned well below the $447,577 Fair Market Value (priced at market stability). Featuring a Mint Condition Rating following a 2026 renovation, the unit includes new appliances, noise-reducing flooring, and a private balcony with a pleasant tree-lined view. Located in vibrant Adams Point near Lake Merritt and top-rated schools like Crocker Highlands Elementary, this home offers a premium lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready urban sanctuary.
Estimated Market Value
$458,173
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 |
|---|---|---|---|---|---|---|
★ 377 Palm Ave 305 Subject | $449,000* List Price | 2 | 1 | 825 | $555 | - |
A 199 199 Montecito Ave 105 Sold | $430,000 | 2 | 1 | 872 | $493 | 0.3 mi |
B 398 Adams Street 302 Sold | $382,000 | 1 | 1 | 773 | $494 | 0.2 mi |
C 199 Montecito Ave 305 Sold | $385,000 | 1 | 1 | 625 | $616 | 0.3 mi |
D 199 Montecito Ave 301 Sold | $540,000 | 2 | 2 | 960 | $563 | 0.3 mi |
E 199 Montecito Ave. 107 Sold | $525,000 | 2 | 2 | 1,029 | $510 | 0.3 mi |
F 655 Chetwood St 203 Sold | $410,000 | 1 | 1 | 880 | $466 | 0.5 mi |
G 565 565 Bellevue Ave 1403 Sold | $575,000 | 1 | 2 | 1,069 | $538 | 0.4 mi |
H 389 Belmont Street 411 Sold | $580,000 | 2 | 1 | 980 | $592 | 0.2 mi |
I 321 Warwick Ave 303 Active | $399,000 List Price | 1 | 1 | 936 | $426 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1970, the unit underwent a comprehensive renovation in 2026 (less than 5 years ago). Updates include brand-new stainless steel appliances, new flooring with noise-reducing underlay, and fresh interior paint. The interior is in mint, move-in ready condition with modern fixtures, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
- Prime Adams Point Location
Situated just two blocks from Lake Merritt, this property offers exceptional walkability to the Grand Lake Farmers Market, local dining, and the historic Grand Lake Theater.
- Modern Interior Updates
The unit features recent renovations including fresh paint, new appliances, and updated flooring with noise-reducing underlay, providing a move-in-ready experience for buyers.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
At $654 per month, the association fees are relatively high for a 1970s building, which may impact the overall monthly affordability for budget-conscious buyers.
- Lack of In-Unit Laundry
The reliance on shared laundry facilities down the hall, rather than having a private washer and dryer inside the unit, is a common drawback for modern condo living.
About 377 Palm Ave 305
Have you been searching for the perfect condo by the lake? You may have just found it! The condo by the lake offers convenient access to almost any amenity you can think of, including coffee shops, restaurants, grocery stores, gyms, shopping, the farmers market, and the historic Grand Lake Theater. Located in the heart of Oakland's vibrant Adams Point, 377 Palm Ave is just 2 blocks from Lake Merritt and a few minutes from the beautiful Morcom Rose Garden. The building offers private off-street parking, as well as an intercom system for buzzing in guests. Unit #305 features 2 bedrooms and 1 bathroom with a split-bath layout and large windows that look out onto trees. The smart floor plan makes excellent use of the space and includes ample storage. A balcony off the main room offers opportunities for gardening and dining al fresco. Shared laundry machines are just a few feet down the hall. The condo was recently updated with new flooring that includes a noise-reducing underlay, fresh interior paint, and new appliances (2026). The fixtures and finishes provide a warm but modern ambiance. Commuting is easy via the nearby 580 on-ramp or BART station. Gather, take in the views and create community on the roof top patio.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 10,419 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $654.0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.8 mi
7/10
Piedmont Avenue Elementary School
Grades K-5 • 1.2 mi
2/10
Lincoln Elementary School
Grades K-5 • 1.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 1.0 | 1.6 |
| Square foot | 825 | 952.848 |
| Lot Size | 10,419 | 16,731.21 |
| Price | $449.0K | $488.1K |
| Price per sq ft | $544 | $502 |
| Built year | 1970 | 1991 |
| HOA | $654.0 | $683 |
| Days on market | 35 | 60 |
Pricing History
Listed for Sale
Aug 5, 2026
$449,000
Initial Listing
Sold
Jun 7, 2016
$535,000
Public Record
Sold
Sep 28, 2007
$315,000
Public Record
Sold
Mar 29, 1995
$77,500
Public Record
Sold
Aug 22, 1994
$62,500
Public Record