
Oakland, California 94607
This modern loft is a Strong Value Opportunity, listed at $288,000—positioned well below the $305,476 Fair Market Value by 5%. This valuation gap offers $17,476 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a contemporary open-concept layout with updated kitchen and bath finishes. Its strategic location in Old Oakland provides unmatched transit connectivity, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Bay Area market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 675 8th St 3 Subject | $288,000* List Price | 1 | 2 | 688 | $444 | - |
A 675 8th St 10 Sold | $335,000 | 1 | 2 | 866 | $387 | 0.0 mi |
B 989 Franklin St 621 Sold | $265,000 | 1 | 1 | 524 | $506 | 0.4 mi |
C 200 2nd St 309 Sold | $270,000 | 1 | 1 | 577 | $468 | 0.7 mi |
D 988 Franklin Street 710 Sold | $280,000 | 1 | 1 | 563 | $497 | 0.5 mi |
E 989 Franklin St 523 Sold | $270,000 | 1 | 1 | 571 | $473 | 0.4 mi |
F 423 423 7th St 220 Sold | $298,000 | 1 | 1 | 785 | $380 | 0.4 mi |
G 423 7th St 506 Sold | $308,000 | 1 | 1 | 791 | $389 | 0.4 mi |
H 989 Franklin Street 307 Active | $288,000 List Price | 1 | 1 | 533 | $540 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (24 years old), the property is well-maintained and move-in ready. While the structure is over 20 years old, the listing highlights a refreshed aesthetic with updated kitchen appliances, solid surfaces, and modern bathroom finishes that align with a 5-15 year renovation cycle.
Located in the heart of Old Oakland, the property offers exceptional connectivity via BART, Amtrak, and the ferry, making it a premier choice for Bay Area commuters.
The residence features a contemporary open-concept layout with updated kitchen and bath finishes, high ceilings, and a private balcony that enhances the urban living experience.
Listed at $288,000, the property is priced significantly below its 2018 sale price of $525,000, offering a rare entry-level opportunity in a central metropolitan location.
The monthly association fee of $796 is relatively high for a 688-square-foot unit, which may impact the debt-to-income ratio for some buyers.
With under 700 square feet of living space, the compact footprint may feel restrictive for those requiring a dedicated home office or significant storage.
Modern Eighth Street Loft Living in the Heart of Old Oakland Welcome to a distinctive modern loft-style condominium offering an exceptional combination of urban character, contemporary comfort, and outstanding Bay Area connectivity. Built in 2002, this stylish one-bedroom residence captures the appeal of loft living while providing the conveniences expected in a newer condominium community. Located in the heart of Old Oakland/Downtown, the Eighth Street Lofts enjoy a location that truly stands out. This vibrant pocket of Oakland connects effortlessly to some of the city's most popular destinations, including Jack London Square, Chinatown, Downtown Oakland, and West Oakland, while also providing convenient access to Emeryville, Berkeley, San Francisco, and surrounding East Bay communities. One of the property's greatest assets is its impressive access to transportation. Major streets, commute corridors, freeways, BART, AC Transit, Amtrak, and the nearby Jack London Square ferry terminal provide an abundance of options for getting around the Bay Area. Whether commuting to San Francisco, traveling throughout the East Bay, or simply enjoying Oakland's surrounding neighborhoods, this location offers tremendous convenience without sacrificing the character and energy of urban living. Inside, the residence delivers the spacious, open feeling buyers seek in a modern loft. The generous floor plan creates an easy flow between the living, dining, and kitchen areas, while the loft-inspired design gives the home a contemporary personality that feels both comfortable and stylish. The open layout provides flexibility for today's lifestyle, with room to create defined spaces for entertaining, relaxing, dining, or working from home. The private balcony extends the living space outdoors and provides a cozy retreat for morning coffee, an evening glass of wine, or simply enjoying a breath of fresh air in the middle of the city. The kitchen offers a fresh, updated appearance with modern appliances, ample cabinetry, and solid surfaces presented in attractive neutral tones. Its clean design complements the loft's contemporary character while remaining practical for everyday cooking and entertaining. The neutral finishes also give a new owner an excellent foundation for adding their own personal design and décor. The bathroom continues the home's refreshed aesthetic with updated finishes and a clean, modern presentation. Together, the kitchen and bath help give this 2002-b
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.5 |
| Baths | 2.0 | 1.6 |
| Square foot | 688 | 952.848 |
| Lot Size | 9,216 | 16,731.21 |
| Price | $288.0K | $488.1K |
| Price per sq ft | $419 | $502 |
| Built year | 2002 | 1991 |
| HOA | $796.0 | $683 |
| Days on market | 13 | 60 |
Aug 27, 2026
$288,000
Initial Listing
May 3, 2018
$525,000
Public Record
Apr 11, 2007
$375,000
Public Record
Aug 4, 2003
$275,000
Public Record