
Oakland, California 94607
This Modern Urban Condominium is a Strong Value Opportunity, listed at $319,999—positioned well below the $338,900 Fair Market Value by 5%. This valuation gap provides $18,901 in Instant Equity for the incoming owner. Maintaining a Good Condition Rating, the unit features a Granite Kitchen, stainless appliances, and a quiet courtyard orientation. Located steps from BART and the 8/10-rated Lincoln Elementary, it perfectly balances financial upside with a high-walkability lifestyle. This is an ideal acquisition for First-Time Buyers or Commuting Professionals seeking a turnkey Bay Area residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 423 7th St 220 Subject | $319,999* List Price | 1 | 1 | 785 | $432 | - |
A 428 Alice Street 637 Sold | $349,000 | 1 | 1 | 780 | $447 | 0.3 mi |
B 288 3rd St 406 Sold | $400,000 | 1 | 1 | 866 | $462 | 0.3 mi |
C 288 3rd St 507 Sold | $400,000 | 1 | 1 | 797 | $502 | 0.3 mi |
D 585 9th Street 556 Sold | $399,000 | 1 | 1 | 839 | $476 | 0.3 mi |
E 311 Oak St. 801 Sold | $405,200 | 1 | 1 | 923 | $439 | 0.5 mi |
F 801 Franklin St 902 Sold | $375,000 | 1 | 1 | 810 | $463 | 0.1 mi |
G 423 7th St 506 Active | $329,000 List Price | 1 | 1 | 791 | $416 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age bracket for a 'good' rating. The unit is move-in ready and well-maintained, featuring a modern open-concept kitchen with granite countertops and stainless steel appliances. The flooring and fixtures appear to be in good condition with minimal wear and tear, consistent with a property of this age that has been properly cared for.
Situated in the heart of Oakland Chinatown, the property offers exceptional walkability to BART, local dining, and the weekly Farmer's Market, making it ideal for commuters and urban dwellers.
Built in 2008, this 785 sqft unit features a contemporary open floor plan with abundant natural light and a quiet courtyard-facing orientation.
The monthly dues cover essential utilities like water, gas, and garbage, while providing the significant added value of a secure, assigned garage parking space.
The HOA fee of $655 is relatively high compared to the purchase price, which may affect the overall affordability and debt-to-income ratio for some buyers.
With only one bedroom, the property may appeal to a more limited demographic, potentially restricting resale speed or suitability for growing households.
Welcome to this bright, cozy and inviting condo located in the heart of prime Oakland Chinatown at 8 Orchids building. This well -situated unit features 1 bedrooms and 1 baths. Est 785 Sqft. Filled with abundant natural light and Facing courtyard . The spacious living room offers an open and comfortable layout, perfect for both everyday living and entertaining. HOA dues covered water, gas and garbage & a secure assigned garage parking. Walking distance to BART, public transportation, shopping, dining & banking. Farmer Market every Friday.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 785 | 956 | 21% |
| Lot Size | 32,653 | 15,021 | 72% |
| Price | $320.0K | $405.2K | 19% |
| Price per sq ft | $408 | $442 | 28% |
| Built year | 2008 | 2006 | 54% |
| HOA | $655.0 | $623 | 58% |
| Days on market | 56 | 201 | 9% |
Mar 19, 2026
$319,999
$338,900
-6% Price Drop
Initial Listing
Feb 25, 2026
$338,900
Initial Listing
Nov 13, 2008
$310,000
Public Record