455 Crescent St 312, Oakland, California 94610, Oakland, 94610 - 1 bed, 1 bath
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Oakland, California 94610
This Entry-Level REO Condominium is listed at $269,900, providing a rare opportunity to acquire an asset in the premier Adams Point neighborhood. While the price sits above the $228,959 Fair Market Value, the property’s Aged but Maintained Condition and "As Is" status offer a clear path for forced appreciation through cosmetic updates. Featuring a Granite Kitchen, Stainless-Steel Appliances, and a Community Pool, the home is minutes from Lake Merritt and Top-Rated Schools like Crocker Highlands Elementary. It is a calculated choice for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Crescent St 312 Subject | $269,900* List Price | 1 | 1 | 546 | $419 | - |
A 466 Crescent Street 224 Sold | $250,000 | 1 | 1 | 629 | $397 | 0.0 mi |
B 360 Vernon St 216 Sold | $205,000 | 0 | 1 | 488 | $420 | 0.3 mi |
C 375 Jayne Avenue 106 Sold | $305,000 | 1 | 1 | 694 | $439 | 0.2 mi |
D 320 Lee St 201 Sold | $299,999 | 1 | 1 | 731 | $410 | 0.4 mi |
E 555 555 Jean St 528 Active | $305,000 List Price | 1 | 1 | 622 | $490 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this bank-owned property is sold 'As Is' and shows signs of being aged but maintained. While the kitchen features some updates like granite countertops and a stainless steel refrigerator, the overall aesthetic, flooring, and common areas are dated. The REO status and 'As Is' condition suggest potential deferred maintenance typical of a property over 50 years old that has not undergone a full, comprehensive renovation.
Elementary School: Crocker Highlands Elementary School (9/10). Middle School: Piedmont Middle School (9/10). High School: Piedmont High School (10/10).
Situated in the highly desirable Adams Point neighborhood, the property offers exceptional walkability to Lake Merritt, Whole Foods, and diverse dining options, making it a high-demand area for residents.
With a recent price reduction to $279,900, this unit represents one of the most affordable entry points into the Oakland market, offering significant value for first-time buyers or investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 546, other record living area = 672.
As a bank-owned property sold in 'As-Is' condition, buyers should be prepared for potential deferred maintenance and the likelihood that no repairs or credits will be provided by the seller.
The HOA fee of $622 is relatively high for a unit under 600 square feet, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
This one bedroom, one bath condo features 575 Sq ft living space, kitchen granite countertop and stainless-steel refrigeration. The HOA fees include water, garbage, pool maintenance, common area upkeep, and exterior landscaping. This is an REO/bank owned property sold "As Is" “This property is eligible under the Freddie Mac First Look Initiative through 01/04/2026”
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 44% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 546 | 986.5 | 6% |
| Lot Size | 32,167 | 17,192 | 82% |
| Price | $269.9K | $490.0K | 15% |
| Price per sq ft | $494 | $494 | 50% |
| Built year | 1968 | 1970 | 38% |
| HOA | $622.0 | $644 | 47% |
| Days on market | 138 | 210 | 18% |
Mar 24, 2026
$269,900
$279,900
-4% Price Drop
Initial Listing
Feb 21, 2026
$279,900
$309,900
-10% Price Drop
Initial Listing
Dec 5, 2025
$309,900
Initial Listing
Jan 28, 1997
$46,500
Public Record