427 Lagunitas Ave 305, Oakland, California 94610, Oakland, 94610 - 1 bed, 1 bath
Loading property details...
427 Lagunitas Ave 305
Oakland, California 94610
ACTIVE
CONDITION: GOOD
1Beds
1Baths
643Sq Ft
0Lot Size
Property Price
LIST PRICE$444,000
EST. MARKET VALUE
$404,490
9% AboveMARKET VALUE
SUMMARY
This 1-bedroom, 1-bath condominium is a Strong Value Opportunity, listed at $444,000—positioned well below the $407,728 Fair Market Value by -8%. While the unit is in Good Condition with a renovated kitchen and modern finishes, the pricing reflects the competitive nature of the Adams Point market. Residents enjoy a 99 Walk Score, a private balcony, and a rooftop deck with 360-degree panoramic views. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-walkability urban lifestyle near Lake Merritt.
Estimated Market Value
$404,490
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 427 Lagunitas Ave 305 Subject 1 bd · 1 ba · 643 sqft · $629 | $444,000* List Price | 1 | 1 | 643 | $629 | - |
A 320 Lee St 603 Sold 1 bd · 1 ba · 684 sqft · $680 · 0.3 mi | $465,000 | 1 | 1 | 684 | $680 | 0.3 mi |
B 320 Lee St 704 Sold 1 bd · 1 ba · 671 sqft · $745 · 0.3 mi | $500,000 | 1 | 1 | 671 | $745 | 0.3 mi |
C 199 Montecito Ave 305 Sold 1 bd · 1 ba · 625 sqft · $616 · 0.5 mi | $385,000 | 1 | 1 | 625 | $616 | 0.5 mi |
D 377 Palm Ave 305 Sold 2 bd · 1 ba · 825 sqft · $544 · 0.3 mi | $449,000 | 2 | 1 | 825 | $544 | 0.3 mi |
E 199 199 Montecito Ave 105 Sold 2 bd · 1 ba · 872 sqft · $493 · 0.5 mi | $430,000 | 2 | 1 | 872 | $493 | 0.5 mi |
F 398 Adams Street 302 Sold 1 bd · 1 ba · 773 sqft · $494 · 0.4 mi | $382,000 | 1 | 1 | 773 | $494 | 0.4 mi |
G 320 Lee St 303 Pending 1 bd · 1 ba · 684 sqft · $656 · 0.3 mi | $449,000 List Price | 1 | 1 | 684 | $656 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building was constructed in 1967, the unit features a renovated kitchen with modern shaker cabinets, a contemporary geometric backsplash, and updated solid-surface countertops. The flooring has been modernized, and the unit appears well-maintained and move-in ready, fitting the 5-15 year renovation window.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
- Exceptional Walkability
Boasting a near-perfect Walk Score of 99, this property is steps away from Lake Merritt, Trader Joe’s, and the Grand Lake Farmers Market, offering an unparalleled urban lifestyle in the heart of Adams Point.
- Premium Rooftop Amenities
The building features a rooftop deck with spectacular 360-degree views of Lake Merritt, the Oakland Hills, and the city skyline, providing a high-end communal space for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $576 per month is relatively high for a one-bedroom unit of this size, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
- Compact Living Space
With only 643 square feet of living area, the unit offers a very compact footprint that may be a constraint for those requiring a dedicated home office or significant storage space.
About 427 Lagunitas Ave 305
Welcome to this cozy 1-bedroom, 1-bath condo just 0.4 miles from Lake Merritt. Featuring an open floor plan, private balcony, and rooftop deck with spectacular 360-degree views of Lake Merritt, the Oakland Hills, Grand Lake Theatre sign, and cityscape. With a 99/100 Walk Score, Lake Merritt, Grand Lake Farmers Market, Grand Lake Theatre, Trader Joe’s, restaurants, coffee, and shops are all within easy walking distance. I-580 and Downtown Oakland are nearby, with convenient access to BART. Includes one garage parking space plus street parking.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1967
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $576.0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.5 mi
7/10
Lincoln Elementary School
Grades K-5 • 1.2 mi
8/10
Crocker Highlands Elementary School
Grades K-5 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.6 |
| Square foot | 643 | 969.659 |
| Lot Size | - | 16,354.274 |
| Price | $444.0K | $478.1K |
| Price per sq ft | $691 | $492 |
| Built year | 1967 | 1987 |
| HOA | $576.0 | $698 |
| Days on market | 39 | 60 |
Pricing History
Listed for Sale
Sep 15, 2026
$444,000
Initial Listing
Sold
Nov 3, 2017
$495,000
Public Record
Sold
Jun 23, 2015
$450,000
Public Record
Sold
Aug 7, 1998
$75,000
Public Record