398 398 Adams St 204, Oakland, California 94610, Oakland, 94610 - 1 bed, 1 bath
398 398 Adams St 204
Oakland, California 94610
Property Price
SUMMARY
Analysis of 398 398 Adams St 204, Oakland, California 94610 is currently available with a list price of $314,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1966, this bank-owned REO property is sold 'As Is' and shows signs of age and deferred maintenance. The kitchen features dated cabinetry and older white appliances, while the carpeting appears worn and in need of replacement. While the unit is functional, the overall aesthetic is outdated, requiring cosmetic updates and minor repairs to meet modern move-in standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Adams Point neighborhood, this property offers excellent walkability to Lake Merritt, Grand Avenue shops, and local dining.
- Investment Potential
As a bank-owned REO priced competitively for the area, this unit presents a significant value-add opportunity for investors or buyers looking to build equity through renovations.
- Functional Amenities
The inclusion of a private patio and a dedicated parking space adds substantial convenience and value in a high-density urban market like Oakland.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is sold in its current bank-owned condition, which may require immediate capital expenditure for repairs and could complicate traditional financing.
- High Carrying Costs
The monthly association fee of $630 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
About 398 398 Adams St 204
This condo features one bedroom, one bath, 750 square feet of living space. Includes dining area, patio and one parking space. This property is an REO/Bank owned . Sold "As Is".
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 14,002 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 750 | 948 | 27% |
| Lot Size | 14,002 | 17,192 | 48% |
| Price | $314.9K | $442.5K | 23% |
| Price per sq ft | $420 | $487 | 27% |
| Built year | 1966 | 1971 | 30% |
| HOA | $630.0 | $620 | 52% |
| Days on market | 17 | 187 | 5% |
Pricing History
Listed for Sale
Feb 18, 2026
$314,900
Initial Listing