423 7th St 607, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
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423 7th St 607
Oakland, California 94607
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
854Sq Ft
32,653Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$348,382
9% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $315,000—positioned well below the $348,382 Fair Market Value by 9%. This valuation gap offers $33,382 in Instant Equity. Featuring a Mint Condition Rating with modern stainless steel appliances, in-unit laundry, and HVAC, this 2008-built unit offers immediate move-in readiness. While the middle school rating is modest, the proximity to a top-rated elementary school adds long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, low-maintenance urban lifestyle.
Estimated Market Value
$348,382+$33,382 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 423 7th St 607 Subject 1 bd · 1 ba · 854 sqft · $408 | $315,000* List Price | 1 | 1 | 854 | $408 | - |
A 423 423 7th St 220 Sold 1 bd · 1 ba · 785 sqft · $380 · 0.0 mi | $298,000 | 1 | 1 | 785 | $380 | 0.0 mi |
B 675 675 8th Street 15 Sold 2 bd · 2 ba · 849 sqft · $444 · 0.4 mi | $377,000 | 2 | 2 | 849 | $444 | 0.4 mi |
C 226 2nd St G2 Sold 1 bd · 1 ba · 897 sqft · $446 · 0.4 mi | $400,000 | 1 | 1 | 897 | $446 | 0.4 mi |
D 311 Oak St 520 Sold 1 bd · 2 ba · 1,171 sqft · $333 · 0.5 mi | $390,000 | 1 | 2 | 1,171 | $333 | 0.5 mi |
E 200 2nd St 309 Sold 1 bd · 1 ba · 577 sqft · $468 · 0.4 mi | $270,000 | 1 | 1 | 577 | $468 | 0.4 mi |
F 675 8th St 10 Sold 1 bd · 2 ba · 866 sqft · $387 · 0.4 mi | $335,000 | 1 | 2 | 866 | $387 | 0.4 mi |
G 801 Franklin St 607 Sold 2 bd · 2 ba · 880 sqft · $375 · 0.1 mi | $330,000 | 2 | 2 | 880 | $375 | 0.1 mi |
H 423 7th Street 901 Active 1 bd · 1 ba · 812 sqft · $454 · 0.0 mi | $369,000 List Price | 1 | 1 | 812 | $454 | 0.0 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.
Although built in 2008, the unit is newly renovated and presented in mint condition. It features brand new flooring, fresh paint, stainless steel appliances, and an in-unit HVAC system, requiring zero immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior & Amenities
The unit is newly renovated and features premium upgrades including stainless steel appliances, a gas stove, in-unit laundry, and a full HVAC system, ensuring immediate move-in readiness.
- Urban Convenience
Located on the 6th floor in the heart of Chinatown, the property offers a spacious 854 sqft layout and includes the significant added value of an assigned garage parking space.
- Strong Value Proposition
Priced at $315,000 for a 2008-built condominium, this property provides a highly competitive price-per-square-foot for the Oakland market, appealing to first-time buyers and investors alike.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $669 is relatively high compared to the listing price, which may affect a buyer's monthly budget and overall loan qualification.
- Mixed School Ratings
While the elementary school is highly rated, the assigned middle school has a low rating of 2/10, which could be a drawback for families prioritizing long-term educational consistency.
About 423 7th St 607
Bright, spacious and newly renovated unit on the 6th floor. All stainless steel appliances with gas stove. In unit laundry. HVAC system. Assigned one parking space in the garage located underneath the building.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 32,653 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $669.0 / Month
Neighborhood Insights
Oakland Unified Schools
Lincoln Elementary School
Grades K-5 • 0.4 mi
8/10
Westlake Middle School
Grades 6-8 • 1.3 mi
2/10
Oakland International High School
Grades 9-12 • 2.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.6 |
| Square foot | 854 | 969.659 |
| Lot Size | 32,653 | 16,354.274 |
| Price | $315.0K | $478.1K |
| Price per sq ft | $369 | $492 |
| Built year | 2008 | 1987 |
| HOA | $669.0 | $698 |
| Days on market | 43 | 60 |
Pricing History
Listed for Sale
Sep 11, 2026
$315,000
Initial Listing