
Oakland, California 94610
This Turnkey Condominium is a Strong Value Opportunity, listed at $493,000—positioned well below the $535,370 Fair Market Value by 7%. This valuation gap offers $42,370 in Instant Equity for the buyer. Featuring a rebuilt kitchen, new flooring, and a private balcony, the property maintains an Excellent Condition Rating with no pending assessments. Located in the vibrant Adams Point neighborhood near Lake Merritt, this is an ideal sanctuary for first-time buyers or urban professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 Staten 308 Subject | $487,000* List Price | 2 | 2 | 1,038 | $475 | - |
A 22 Moss Ave 107 Sold | $517,000 | 2 | 2 | 1,131 | $457 | 0.7 mi |
B 199 Montecito Ave. 107 Sold | $525,000 | 2 | 2 | 1,029 | $510 | 0.4 mi |
C 389 Belmont Street 411 Sold | $580,000 | 2 | 1 | 980 | $592 | 0.0 mi |
D 330 Vernon St 207 Sold | $525,000 | 2 | 2 | 1,119 | $469 | 0.4 mi |
E 565 565 Bellevue Ave 1403 Sold | $575,000 | 1 | 2 | 1,069 | $538 | 0.2 mi |
F 320 Lee St 405 Sold | $575,000 | 2 | 2 | 1,003 | $573 | 0.2 mi |
G 199 Montecito Ave 301 Sold | $540,000 | 2 | 2 | 960 | $563 | 0.4 mi |
H 330 330 Vernon St 301 Sold | $430,000 | 2 | 1 | 1,004 | $428 | 0.4 mi |
I 365 Perkins St 201 Pending | $459,888 List Price | 2 | 2 | 1,010 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring a completely rebuilt kitchen with white quartz countertops and premium stainless steel appliances, new flooring throughout, and updated lighting. The property is described as having no deferred maintenance and being in mint, move-in ready condition.
Ideally situated in a highly walkable neighborhood near Lake Merritt, Grand Avenue dining, and major transit hubs, offering an exceptional urban lifestyle.
This corner unit features a fully rebuilt kitchen with quartz countertops and premium appliances, complemented by new flooring and oversized windows that maximize natural light.
The building has already completed and paid for SB 326 balcony compliance work, ensuring no pending assessments for the new owner and immediate move-in readiness.
The $845 monthly association fee is relatively high for the price point, which may impact the overall monthly carrying costs for budget-conscious buyers.
While the unit is extensively updated, it relies on shared in-building laundry facilities rather than having a private washer and dryer inside the home.
NEW PRICE + NEWLY IMPROVED + SELLER HOA DUES BUYDOWN! Spacious 2BR/2BA corner condo offering 1,038 sq. ft. of beautifully refreshed living space in desirable Adams Point. Recent improvements include an updated kitchen and baths, new flooring and fresh finishes — move right in without taking on a renovation project. Even better, the Seller is offering an HOA Dues Buydown. Current HOA dues are $861.35/month. Seller will contribute $161.35/month for 24 months — a total benefit of $3,872.40. Based on current dues, that means an effective HOA cost of approximately $700/month for the first two years. The Seller has also paid approximately $9,800 toward the balcony improvement obligation — another significant expense already taken care of for the next owner. Enjoy a bright corner floor plan with two full baths, abundant natural light and an oversized covered balcony offering approximately 120 additional sq. ft. of outdoor living space. Garage parking completes the package. All this in a highly walkable Adams Point neighborhood near Lake Merritt, Grand Avenue restaurants, cafés, shopping and everyday conveniences. UPDATED. SPACIOUS. CORNER UNIT. PARKING. OUTDOOR SPACE. HOA HELP. Come see the value at 424 Staten Avenue #308 — now offered at $487,000. HOA dues are subject to change. Seller contribution is fixed at $161.35/month for 24 months, totaling $3,872.40, subject to the terms of the purchase agreement and lender approval where applicable.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,038 | 952.848 |
| Lot Size | 12,500 | 16,731.21 |
| Price | $487.0K | $488.1K |
| Price per sq ft | $469 | $502 |
| Built year | 1963 | 1991 |
| HOA | $845.0 | $683 |
| Days on market | 49 | 60 |
Sep 2, 2026
$487,000
$493,000
-1% Price Drop
Initial Listing
Jul 22, 2026
$493,000
Initial Listing