
Oakland, California 94610
This Turnkey Condominium is a Strong Value Opportunity, listed at $468,000—positioned well below the $472,589 Fair Market Value by 0.97%. This valuation gap offers $4,589 in Instant Equity for the buyer. Featuring an updated kitchen, fresh paint, and peekaboo Lake Merritt views, the property maintains a Condition Rating of 3. Located near top-rated schools like Crocker Highlands Elementary and Piedmont High, this residence is an ideal choice for first-time buyers or urban professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 389 Belmont Street 103 Subject 1 bd · 1 ba · 900 sqft · $364 | $328,000* List Price | 1 | 1 | 900 | $364 | - |
A 655 Chetwood St 203 Sold 1 bd · 1 ba · 880 sqft · $466 · 0.7 mi | $410,000 | 1 | 1 | 880 | $466 | 0.7 mi |
B 260 Perkins St 2e Sold 1 bd · 1 ba · 757 sqft · $436 · 0.4 mi | $330,000 | 1 | 1 | 757 | $436 | 0.4 mi |
C 385 Jayne Ave 215 Sold 2 bd · 1 ba · 1,108 sqft · $352 · 0.4 mi | $390,000 | 2 | 1 | 1,108 | $352 | 0.4 mi |
D 466 Crescent Street 317 Sold 1 bd · 1 ba · 627 sqft · $391 · 0.4 mi | $245,000 | 1 | 1 | 627 | $391 | 0.4 mi |
E 385 Jayne Avenue 205 Sold 1 bd · 1 ba · 687 sqft · $437 · 0.4 mi | $300,000 | 1 | 1 | 687 | $437 | 0.4 mi |
F 3648 Grand Ave 5 Sold 2 bd · 2 ba · 770 sqft · $455 · 0.7 mi | $350,000 | 2 | 2 | 770 | $455 | 0.7 mi |
G 455 Crescent St 202 Active 1 bd · 1 ba · 768 sqft · $350 · 0.4 mi | $269,000 List Price | 1 | 1 | 768 | $350 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property is well-maintained and move-in ready with recent cosmetic updates including an updated kitchen with stone countertops, fresh interior paint, and new modern light fixtures. While some appliances like the stacked washer/dryer appear older, the overall condition is functional and turnkey.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
The property is ideally situated in the highly sought-after Adams Point neighborhood, offering immediate proximity to Lake Merritt, Grand Lake dining, and popular farmers markets.
This move-in ready residence features modern updates including an updated kitchen with stone countertops, fresh interior paint, and the convenience of an in-unit stacked washer and dryer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The monthly association fee of $752 is relatively high for a one-bedroom unit, which may impact the overall monthly affordability for budget-conscious buyers.
As a one-bedroom condo, the property appeals to a narrower demographic of buyers, potentially limiting resale flexibility compared to multi-bedroom units in the same area.
OWN THE LAKE MERRITT LIFESTYLE | Spacious, Turnkey Adams Point Condo What if your weekend started with coffee on Grand Avenue, continued at the farmers market, and ended with a sunset walk around Lake Merritt—all without getting in your car? Welcome to 389 Belmont Street #103, a beautifully refreshed and spacious 1-bedroom condo in Adams Point, just moments from Lake Merritt. With approximately 900 square feet, this home offers the kind of space that’s increasingly difficult to find in a one-bedroom condo. The open, comfortable living area features a cozy fireplace and opens to a large private balcony with peekaboo views of Lake Merritt and the Oakland Hills—your own outdoor escape in the heart of the city. The updated kitchen features stone countertops, while fresh interior paint and modern light fixtures create a bright, clean and inviting feel throughout. The spacious primary bedroom offers generous closet space and an en-suite bathroom, while the in-unit stacked washer and dryer add the everyday convenience buyers are looking for. And then there’s the location. Walk to the Saturday Grand Lake Farmers Market. Grab your morning coffee along Grand Avenue. Meet friends for dinner and drinks on Lakeshore. Wander the lake at sunset. Explore nearby cafés, restaurants, boutiques and neighborhood favorites. This is the kind of home where the location becomes part of your lifestyle. The secure Belmont Staten building offers a secured lobby, elevator, guest parking and one-car garage parking, while the HOA includes water, elevator service and common-area maintenance. Your home. Your balcony. Your lake. Your Oakland. 389 Belmont Street #103 offers the rare opportunity to own a spacious, move-in-ready home in one of Oakland’s most lifestyle-driven neighborhoods—without giving up the convenience of secure parking and easy access to the rest of the Bay Area.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.6 |
| Square foot | 900 | 969.659 |
| Lot Size | 21,300 | 16,354.274 |
| Price | $328.0K | $478.1K |
| Price per sq ft | $364 | $492 |
| Built year | 1983 | 1987 |
| HOA | $752.0 | $698 |
| Days on market | 150 | 60 |
Oct 2, 2026
$328,000
$353,000
-7% Price Drop
Initial Listing
Sep 16, 2026
$353,000
$369,000
-4% Price Drop
Initial Listing
Sep 4, 2026
$369,000
$389,000
-5% Price Drop
Initial Listing
Aug 28, 2026
$389,000
$406,000
-4% Price Drop
Initial Listing
Aug 9, 2026
$406,000
$418,000
-3% Price Drop
Initial Listing
Jul 22, 2026
$418,000
$439,000
-5% Price Drop
Initial Listing
Jul 7, 2026
$439,000
$468,000
-6% Price Drop
Initial Listing
May 27, 2026
$468,000
Initial Listing