425 28th Street 101b, Oakland, California 94609, Oakland, 94609 - 1 bed, 2 bath
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Oakland, California 94609
This Spacious Industrial-Style Condo represents a High-Potential Investment Opportunity, listed at $369,000—positioned well below the $451,524 Fair Market Value by 18%. This valuation gap offers $82,524 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes in-unit laundry, secure garage parking, and Google Fiber. With a Walk Score of 97, it offers unmatched urban convenience. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value in a prime Oakland location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 28th Street 101b Subject | $369,000* List Price | 1 | 2 | 1,375 | $328 | - |
A 730 29th Street 106 Sold | $305,000 | 1 | 1 | 938 | $325 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, the property falls into the 20-year age bracket but is exceptionally well-maintained and described as move-in ready with 'thoughtful updates.' The interior features modern laminate flooring and clean finishes. While the kitchen cabinetry appears original to the build, the overall condition and functional systems align with the 'Good' criteria.
With a Walk Score of 97 and a Bike Score of 98, this property offers unparalleled access to Lake Merritt, Whole Foods, and Oakland's premier dining and entertainment hubs.
The 1,375 sqft two-story layout provides a generous living space rarely found in one-bedroom units, featuring a private entrance that offers a single-family home feel.
The unit is equipped with high-demand features including in-unit laundry, secure garage parking, private storage, and Google Fiber internet connectivity.
The association fee of $892 per month is substantial, which may impact buyer affordability and overall return on investment.
Most assigned public schools for this address have low ratings (2/10), which could be a deterrent for families and potentially limit long-term appreciation.
Welcome to Midtown Lofts, where industrial style meets everyday comfort in the heart of Oakland. This two-story condo with in-unit laundry has thoughtful updates throughout that make the home feel move-in ready from day one. With your own private entrance that leads directly to the gated building portico, it feels like a single family home with none of the maintenance. Beyond your front door, the boutique building offers a lush courtyard, secure garage parking, private storage, video surveillance, and Google Fiber internet. With a Walk Score of 97 and a Bike Score of 98, you're surrounded by some of Oakland's best restaurants, cafés, breweries, and everyday conveniences, all just moments away. Grab a nice dinner at Limón, meet friends at Drake's Dealership, walk to Whole Foods or Sprouts, or spend the afternoon around Lake Merritt. Commuters will appreciate quick access to I-580, 19th Street and MacArthur BART, Transbay bus lines, and an easy trip into San Francisco. Urban living doesn't get much more convenient than this, and the value cannot be beat!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 2-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,375 | 1,032 |
| Lot Size | 15,915 | 17,988 |
| Price | $369.0K | $523.2K |
| Price per sq ft | $268 | $487 |
| Built year | 2003 | 1975 |
| HOA | $892.0 | $730 |
| Days on market | 6 | 53 |
Jul 16, 2026
$369,000
Initial Listing
Dec 1, 2015
$573,000
Public Record
Dec 20, 2013
$365,000
Public Record