594 55th St, Oakland, California 94609, Oakland, 94609 - 2 bed, 1 bath
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Oakland, California 94609
This 2-bedroom condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $453,840 Fair Market Value by 9%. Featuring a Condition Rating of 3, this well-maintained unit offers a private back deck and detached garage in a highly walkable North Oakland location. With low HOA fees and proximity to top-rated schools like Peralta Elementary, this property balances financial stability with urban convenience. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, transit-oriented residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 594 55th St Subject | $499,000* List Price | 2 | 1 | 800 | $567 | - |
A 6555 Shattuck Avenue Sold | $575,000 | 1 | 2 | 1,090 | $528 | 0.5 mi |
B 574 48th St 203 Active | $475,000 List Price | 1 | 1 | 830 | $572 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1924 build date, the property is well-maintained and move-in ready. The kitchen has been updated with stainless steel appliances, stone-look backsplashes, and functional cabinetry likely within the 10-20 year range. Interior finishes, including hardwood floors and paint, appear clean and functional, meeting the criteria for a well-maintained, functional residence.
Situated in the heart of North Oakland, the property offers exceptional walkability to the Temescal and Rockridge enclaves, Whole Foods, and MacArthur BART, making it ideal for commuters and urban enthusiasts.
The $200 HOA fee is remarkably low for the area, significantly reducing monthly carrying costs and increasing the property's appeal to first-time buyers and budget-conscious investors.
As a top-floor unit, it provides enhanced privacy and natural light, complemented by a private back deck and a detached garage that offers rare designated parking and storage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3193, other record lot size in square feet = 10060. Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 1760. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With 66 days on the market and a recent price reduction from the original list price, the property may face perception issues regarding its value or underlying demand.
At 800 square feet for a two-bedroom configuration, the interior layout is relatively small, which may limit its appeal to buyers seeking more spacious living or dining areas.
Own in North Oakland for under $500K!! Low HOA dues await you!! Top floor, charming 2-bedroom, 1-bathroom condo filled with natural light in Oakland's vibrant North Oakland neighborhood. Found on the top floor of a four-plex with a darling back deck for private deck along with a detached garage with designated parking, storage and washer and dryer. The well-designed floor plan features bright, inviting living spaces ideal for both relaxing and entertaining. The living room creates a welcoming atmosphere and flows easily into the dining area. The kitchen offers practical workspace, ample storage, and everyday functionality. Both bedrooms are warm and comfortable, providing peaceful retreats, while the full bathroom features clean finishes. The efficient layout makes this home a great fit for first-time buyers, downsizers, or investors seeking a low-maintenance property. Walking distance Temescal, Rockridge, Piedmont enclaves. 3 blocks away from Whole Foods, Temescal Farmer's Market, and other great shopping and restaurants in Rockridge. Ideally located near local shops, cafes, and restaurants, with convenient access to major commuter routes and public transit, this home offers the best of Oakland living! Close proximity to MacArthur Bart Station, AC Transit going to SF, Berkeley or other parts of Oakland! Don't miss out! Low HOA's make this a great opportunity!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,032 |
| Lot Size | 3,193 | 17,988 |
| Price | $499.0K | $523.2K |
| Price per sq ft | $624 | $487 |
| Built year | 1924 | 1975 |
| HOA | $200.0 | $730 |
| Days on market | 89 | 53 |
May 30, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Apr 24, 2026
$525,000
Initial Listing
Jul 31, 2014
$730,000
Public Record