423 7th St 208, Oakland, California 94607, Oakland, 94607 - 2 bed, 1 bath
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Oakland, California 94607
This Spacious Urban Condo represents a High-Potential Investment Opportunity, listed at $399,900—positioned well below the $471,972 Fair Market Value by 15%. This valuation gap provides $72,072 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes a Granite Kitchen, Central HVAC, and Triple Pane Windows. With proximity to Lincoln Elementary (Rating 8) and transit-rich Chinatown, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a secure, modern lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 7th St 208 Subject | $399,900* List Price | 2 | 1 | 1,105 | $427 | - |
A 423 423 7th St 220 Sold | $298,000 | 1 | 1 | 785 | $380 | 0.0 mi |
B 226 2nd St G2 Sold | $400,000 | 1 | 1 | 897 | $446 | 0.4 mi |
C 288 3rd St 406 Sold | $400,000 | 1 | 1 | 866 | $462 | 0.3 mi |
D 428 Alice Street 637 Sold | $349,000 | 1 | 1 | 780 | $447 | 0.3 mi |
E 311 Oak St. 801 Sold | $405,200 | 1 | 1 | 923 | $439 | 0.5 mi |
F 801 Franklin St. 1219 Sold | $350,000 | 2 | 6 | 1,200 | $292 | 0.1 mi |
G 423 7th Street 901 Active | $369,000 List Price | 1 | 1 | 812 | $454 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (18 years old), the property falls within the 10-20 year age bracket for 'Good' condition. It is well-maintained and move-in ready, featuring functional systems like central HVAC and triple-pane windows, along with a kitchen containing granite countertops and stainless steel appliances.
Situated in the heart of Chinatown near Jack London Square, the property offers exceptional transit access via BART, freeways, and the ferry, making it a premier choice for commuters.
The unit features a spacious 1,105 sq ft open-concept layout equipped with triple-pane windows for noise reduction, central air conditioning, and in-unit laundry for modern convenience.
Residents enjoy high-end communal spaces including a rooftop garden with panoramic Bay views, a tranquil courtyard, and the security of an assigned parking space in a gated garage.
The monthly HOA fee of $750 is relatively high for the price point, which may impact overall affordability and the debt-to-income ratio for some buyers.
While the condo offers two bedrooms, the presence of only one bathroom may be a limiting factor for roommates or families seeking more privacy and convenience.
Welcome to residence #208 at the desirable 8 Orchids near the vibrant Oakland Chinatown. This spacious and light-filled 2-bedroom, 1-bath condo offers approximately 1,105 sq ft of comfortable urban living with an open-concept layout and large windows that bring in abundant natural light. The stylish kitchen features granite countertops, stainless steel appliances, and a breakfast bar that flows seamlessly into the living and dining areas—perfect for entertaining or everyday living. Both bedrooms include walk-in closets, while the oversized bathroom offers a double vanity and generous linen storage. Additional highlights include in-unit stacked laundry, central heat and air conditioning, triple pane windows, and assigned parking space in a secured garage. Residents enjoy premium building amenities such as a rooftop garden with sweeping city and Bay views, a tranquil courtyard, secured key-fob entry, and community gathering spaces. Ideally located near downtown, Chinatown, and Jack London Square, with convenient access to BART, freeways, and the ferry—this home is perfect for commuters and those seeking a dynamic city lifestyle. Modern comfort, secure living, and unbeatable location—this is Oakland city living at its best. Views: Downtown
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 | 2.0 | 1.0 | 55% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,105 | 923 | 64% |
| Lot Size | 32,653 | 19,986 | 66% |
| Price | $399.9K | $400.0K | 49% |
| Price per sq ft | $362 | $446 | 17% |
| Built year | 2008 | 2006 | 58% |
| HOA | $750.0 | $640 | 60% |
| Days on market | 3 | 143 | 2% |
Jun 4, 2026
$399,900
Initial Listing
May 6, 2008
$333,000
Public Record