
Oakland, California 94610
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $350,000—positioned well above the $319,123 Fair Market Value by 9%. While priced at a premium, the property features a Condition Rating of 3, showcasing modern Granite Kitchen finishes and Engineered Wood Flooring. Located steps from Lake Merritt and the Morcom Rose Garden, this home offers a premier lifestyle for first-time buyers and investors. Its combination of a private balcony, gated parking, and proximity to top-tier amenities ensures long-term desirability in the Grand Lake neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 Jean St 309 Subject | $350,000* List Price | 1 | 1 | 676 | $472 | - |
A 385 Jayne Avenue 205 Sold | $300,000 | 1 | 1 | 687 | $437 | 0.4 mi |
B 398 Adams Street 302 Sold | $382,000 | 1 | 1 | 773 | $494 | 0.3 mi |
C 551 Jean St 104 Active | $300,000 List Price | 1 | 1 | 564 | $532 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1971, the property has undergone renovations within the 5-15 year range, featuring granite countertops, engineered wood flooring, and dual-pane windows. It is move-in ready and well-maintained.
Situated in the highly desirable Grand Lake neighborhood, the property is just steps from the Morcom Rose Garden and three blocks from Lake Merritt, offering unparalleled access to dining, shopping, and outdoor recreation.
The unit features fresh interior paint, modern engineered wood flooring, and granite countertops, providing a clean and updated aesthetic that appeals to first-time buyers and investors alike.
Unlike many urban condos, this unit includes a gated garage parking stall and two dedicated storage areas—a closet in the garage and an additional locker on the fourth floor.
The monthly HOA fee of $782 is relatively high for a one-bedroom unit at this price point, which may impact the debt-to-income ratio for potential buyers.
The lack of an in-unit washer and dryer requires residents to use common laundry facilities, a convenience factor that many modern condominium buyers prioritize.
Comfort, Convenience, and Location! Discover the wonderful blend of comfort, convenience, and vibrant neighborhood living in this freshly painted third-floor condominium just steps from the iconic Morcom Rose Garden. Filled with natural light, the open-concept floor plan features engineered wood flooring, an efficient all-electric kitchen with granite countertops, an expansive floor-to-ceiling hall closet, and a spacious private balcony accessed through a large dual-pane sliding door—perfect for relaxing or entertaining. The thoughtfully oriented carpeted bedroom enjoys a generous closet, and the bathroom features stone flooring with a shower-over-tub. Additional amenities include a gated garage parking stall with a dedicated storage closet, an additional fourth-floor storage locker, common laundry facilities, and an intercom entry system for added convenience. Leave the car behind and enjoy one of Oakland's most beloved neighborhoods. Just three blocks from Grand Avenue and Lake Merritt, you'll have easy access to acclaimed restaurants, neighborhood cafés, weekend farmers’ markets, boutique shopping, the historic Grand Lake Theatre, everyday conveniences, and miles of scenic walking paths. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home offers an exceptional opportunity to enjoy the very best of Grand Lake living. Open Sun 7/19/26 from 2-4pm.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 676 | 1,032 |
| Lot Size | 42,240 | 17,988 |
| Price | $350.0K | $523.2K |
| Price per sq ft | $518 | $487 |
| Built year | 1971 | 1975 |
| HOA | $782.0 | $730 |
| Days on market | 12 | 53 |
Jul 10, 2026
$350,000
Initial Listing
Sep 19, 2000
$187,000
Public Record