
Oakland, California 94610
This Spacious 1-Bedroom Condominium is a Strong Value Opportunity, listed at $368,888—positioned well below the $418,439 Fair Market Value by 11%. This valuation gap offers $49,551 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a recently updated kitchen and private deck, the unit provides a turnkey lifestyle just one block from Lake Merritt. This property balances immediate financial upside with urban convenience, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 444 Merritt Ave 202 Subject | $298,888* List Price | 1 | 1 | 1,149 | $257 | - |
A 407 407 Orange St 410 Pending | $210,000 List Price | 1 | 1 | 957 | $219 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1975, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring new luxury vinyl plank flooring, fresh paint, and modern recessed lighting throughout. The interior is in mint, move-in-ready condition with an updated kitchen as noted in the description.
Situated just one block from the iconic Lake Merritt, this property offers unparalleled access to Oakland's premier outdoor space, vibrant dining, and urban amenities.
At 1,149 square feet, this one-bedroom unit is significantly larger than average, providing a rare sense of space and flexibility for a home office or expanded living area.
The residence features an updated kitchen and an open floor plan designed to maximize natural light, offering a contemporary feel that is move-in ready.
Built in 1975, the building may lack the modern energy-efficient systems and high-end communal amenities found in newer luxury developments.
The monthly association fee of $488 represents a significant ongoing expense that buyers must factor into their monthly budget for a one-bedroom unit.
Perfectly positioned just one block from the iconic Lake Merritt, this spacious and light-filled 1-bedroom, 1-bath residence offers an exceptional blend of comfort, style, and urban convenience. Designed with an open floor plan, this rare home provides a remarkable sense of privacy and tranquility seldom found in condo living. Abundant natural light pours through the living spaces, creating an airy and welcoming atmosphere ideal for both relaxing and entertaining. Updated kitchen is a must see! Generous storage throughout and flexible living areas add both functionality and convenience to everyday life. Located in one of Oakland’s most vibrant neighborhoods, you’ll enjoy being moments from acclaimed restaurants, boutique shopping, cafés, parks, and easy transit options, making commuting and city living effortless. This is a rare opportunity to enjoy spacious, private living in an unbeatable Lake Merritt location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 2.0 | 48% |
| Square foot | 1,149 | 1,003 | 77% |
| Lot Size | 4,992 | 14,002 | 26% |
| Price | $298.9K | $515.0K | 13% |
| Price per sq ft | $260 | $523 | 3% |
| Built year | 1975 | 1966 | 87% |
| HOA | $488.0 | $652 | 16% |
| Days on market | 28 | 118 | 3% |
May 30, 2026
$298,888
$368,888
-19% Price Drop
Initial Listing
May 19, 2026
$368,888
Initial Listing
Jun 26, 2003
$349,000
Public Record