
Oakland, California 94607
This condo presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $314,409 Fair Market Value by -14%. While the property is currently listed above the estimated value, its Condition Rating of 4 and prime location near BART and Downtown Oakland offer long-term stability. Featuring in-unit laundry, secure garage parking, and new flooring, this unit provides essential urban amenities. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a transit-oriented, low-maintenance lifestyle in a historic district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 12th St 209 Subject 1 bd · 1 ba · 725 sqft · $434 | $359,000* List Price | 1 | 1 | 725 | $434 | - |
A 989 Franklin Street 506 Sold 1 bd · 1 ba · 524 sqft · $574 · 0.4 mi | $300,888 | 1 | 1 | 524 | $574 | 0.4 mi |
B 989 Franklin St 523 Sold 1 bd · 1 ba · 571 sqft · $473 · 0.4 mi | $270,000 | 1 | 1 | 571 | $473 | 0.4 mi |
C 675 8th St 10 Sold 1 bd · 2 ba · 866 sqft · $387 · 0.2 mi | $335,000 | 1 | 2 | 866 | $387 | 0.2 mi |
D 675 675 8th Street 15 Sold 2 bd · 2 ba · 849 sqft · $444 · 0.2 mi | $377,000 | 2 | 2 | 849 | $444 | 0.2 mi |
E 423 423 7th St 220 Sold 1 bd · 1 ba · 785 sqft · $380 · 0.4 mi | $298,000 | 1 | 1 | 785 | $380 | 0.4 mi |
F 423 7th St 506 Sold 1 bd · 1 ba · 791 sqft · $389 · 0.4 mi | $308,000 | 1 | 1 | 791 | $389 | 0.4 mi |
G 989 989 Webster St 450 Sold 2 bd · 2 ba · 821 sqft · $384 · 0.4 mi | $315,000 | 2 | 2 | 821 | $384 | 0.4 mi |
H 989 Franklin St 621 Sold 1 bd · 1 ba · 524 sqft · $506 · 0.4 mi | $265,000 | 1 | 1 | 524 | $506 | 0.4 mi |
I 675 8th St 3 Pending 1 bd · 2 ba · 688 sqft · $419 · 0.2 mi | $288,000 List Price | 1 | 2 | 688 | $419 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (23 years old), the property falls into the >20y category. While it features new flooring and is well-maintained, the kitchen cabinets and tile countertops appear original and dated, fitting the criteria for a property needing minor modern updates.
Situated just one block from BART with immediate access to Downtown, Uptown, and major freeways, this property offers unparalleled commuter convenience and high walkability.
Listed at $359,000—significantly below its 2017 sale price of $515,000—this condo represents a highly aggressive entry point for first-time buyers or investors in the Oakland market.
The unit includes highly sought-after urban features such as in-unit laundry, secure garage parking, and new flooring within a gated, elevator-served building.
The current list price reflects a substantial depreciation from previous sale highs, which may indicate localized market volatility or building-specific valuation challenges.
The $475 monthly association fee adds a significant fixed expense to the monthly carrying cost, which may impact overall affordability for budget-sensitive buyers.
Historic charm, modern comfort, and a front-row seat to the best of Oakland. Located in Landmark Place, this light-filled 1-bedroom, 1-bath condo offers a peaceful retreat in the heart of the city. Bathed in natural light, the living space feels bright and inviting. New flooring adds warmth to the interior, while a kitchen with a convenient breakfast bar offers an easy spot for morning coffee, casual meals, or catching up with friends. In-unit laundry and secure garage parking make everyday living that much easier. Set within a gated, elevator-served building with a landscaped interior courtyard and bike storage, the home is surrounded by some of Oakland's most beautiful historic architecture, with Preservation Park and Lafayette Square just outside your door. And when you're ready to venture out, Downtown, Uptown, Old Oakland, and Chinatown are all within easy reach, offering an endless mix of restaurants, cafés, farmers markets, and local favorites. With BART just a block away and convenient freeway access, the rest of the Bay Area is equally accessible. The location and value can't be beat!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.6 |
| Square foot | 725 | 969.659 |
| Lot Size | - | 16,354.274 |
| Price | $359.0K | $478.1K |
| Price per sq ft | $495 | $492 |
| Built year | 2003 | 1987 |
| HOA | $475.0 | $698 |
| Days on market | 8 | 60 |
Oct 16, 2026
$359,000
Initial Listing
Apr 11, 2017
$515,000
Public Record
Feb 23, 2004
$283,500
Public Record