423 7th Street 208, Oakland, California 94607, Oakland, 94607 - 2 bed, 1 bath

423 7th Street 208, Oakland, California 94607 home-pic-0
ACTIVE$399,999
423 7th Street 208, Oakland, California 94607
2Beds
1Bath
1,105Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Transit Access: Prime central Oakland location offering walkability to key districts (Downtown, Chinatown, Jack London Square) and unparalleled access to freeways, BART, and ferry for commuters.
Top Cons:
High Monthly Association Fee: The significant monthly association fee of $693.0 could be a deterrent for potential buyers and impacts overall affordability.

Compared to the nearby listings

Price:$400.0K vs avg $419.0K ($-19,001)44%
Size:1,105 sqft vs avg 990 sqft61%
Price/sqft:$362 vs avg $43815%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this condo falls within the 'Good' condition age range. The kitchen features upgraded stainless steel appliances and granite countertops, while the bathroom boasts a double vanity and granite, all appearing well-maintained and functional. The overall aesthetic is contemporary and move-in ready, with central heat/AC and modern flooring, indicating no immediate renovation needs.
Year Built
2008
Close
-
List price
$400K
Original List price
$469K
Price/Sqft
$362
HOA
$693
Days on market
-
Sold On
-
MLS number
ML82009179
Home ConditionGood
Features
Good View:
View-

About this home

Best value in town for a 2 bedroom, 1 bathroom. A secure, luxury condo in 8 Orchids located at the corner of Broadway and 7th! This is a well-lit and quiet condo with large windows offering expansive views from an open layout, with modern artistic touches. Stylish kitchen with granite countertops including all upgraded, stainless steel appliances. Both bedrooms feature walk-in closets. The oversized bathroom has a double vanity and linen storage space. Interior stacked laundry, central heat and air conditioning, a rare gem of an amenity. Features of the building include a rooftop garden with expansive views of metropolitan Oakland and the Bay, tranquil courtyard garden and inviting party rooms. Centrally located, youll be within walking distance to downtown Oakland, Chinatown, & Jack London Square, with Lake Merritt & SF just minutes away. This extraordinary condo also offers commuters easy access to freeways, public transportation, BART, Broadway Shuttle, and the Ferry, making this property ideal! Secured key fob entry and a gated garage.

Nearby schools

8/10
Lincoln Elementary School
Public,K-50.4mi
2/10
Westlake Middle School
Public,6-81.3mi
2/10
Oakland International High School
Public,9-122.5mi
7/10
Oakland Technical High School
Public,9-122.5mi
2/10
Fremont High
Public,9-123.9mi
Condition Rating
Good

Built in 2008, this condo falls within the 'Good' condition age range. The kitchen features upgraded stainless steel appliances and granite countertops, while the bathroom boasts a double vanity and granite, all appearing well-maintained and functional. The overall aesthetic is contemporary and move-in ready, with central heat/AC and modern flooring, indicating no immediate renovation needs.
Pros & Cons

Pros

Exceptional Location & Transit Access: Prime central Oakland location offering walkability to key districts (Downtown, Chinatown, Jack London Square) and unparalleled access to freeways, BART, and ferry for commuters.
Modern Interior & Upgrades: Features a stylish kitchen with granite countertops and upgraded stainless steel appliances, an open layout, and modern artistic touches throughout.
Robust Building Amenities: Residents benefit from a rooftop garden with expansive city/Bay views, a tranquil courtyard, party rooms, secured key fob entry, and a gated garage.
Premium In-Unit Features: Includes central heat and air conditioning (a rare amenity for condos), in-unit stacked laundry, large windows with views, and ample storage with walk-in closets.
Newer Construction & Security: Built in 2008, offering modern construction standards, coupled with robust security features like key fob entry and a gated garage.

Cons

High Monthly Association Fee: The significant monthly association fee of $693.0 could be a deterrent for potential buyers and impacts overall affordability.
Limited Bathroom Count: A single bathroom for a two-bedroom unit may be inconvenient for multiple occupants, impacting market appeal for families or roommates.
History of Price Reductions: Multiple price drops from the original listing price suggest the property may have been initially overpriced or has faced challenges in attracting buyers, potentially indicating a perceived value issue.

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