
Oakland, California 94607
This Portobello Community condo is a Prime Investment Opportunity, listed at a List Price of $420,000—positioned well below the $430,288 Fair Market Value by 2%. This valuation gap offers $10,288 in Instant Equity. Featuring a Condition Rating of 3, the unit includes Granite Countertops and Engineered Hardwood Floors. With Stunning Estuary Views, a Pool, and Spa, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a waterfront lifestyle near transit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Embarcadero 312 Subject | $399,000* List Price | 2 | 2 | 1,050 | $379 | - |
A 801 Franklin St 607 Sold | $330,000 | 2 | 2 | 880 | $375 | 0.7 mi |
B 311 Oak St 520 Sold | $390,000 | 1 | 2 | 1,171 | $333 | 0.2 mi |
C 801 801 Franklin St 1022 Sold | $382,000 | 2 | 2 | 1,140 | $335 | 0.7 mi |
D 7 7 Embarcadero 204 Sold | $308,000 | 1 | 1 | 668 | $461 | 0.0 mi |
E 675 675 8th Street 15 Sold | $377,000 | 2 | 2 | 849 | $444 | 1.0 mi |
F 675 8th St 10 Sold | $335,000 | 1 | 2 | 866 | $387 | 1.0 mi |
G 226 2nd St G2 Sold | $400,000 | 1 | 1 | 897 | $446 | 0.3 mi |
H 801 Franklin St. 1219 Sold | $350,000 | 2 | 6 | 1,200 | $292 | 0.7 mi |
I 801 Franklin St 1406 Active | $375,000 List Price | 2 | 2 | 1,200 | $313 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has undergone significant renovations including the installation of granite countertops, engineered hardwood flooring, and a modernized bathroom with a vessel sink and updated vanity. The unit is well-maintained, functional, and move-in ready, placing it within the 5-15 year renovation criteria.
Located in the desirable Portobello Community at Jack London Square, this unit offers stunning estuary views and immediate proximity to the ferry, BART, and vibrant waterfront dining.
The property features an impressive array of resort-style amenities, including a pool, hot tub, sauna, tennis courts, and a private gym, providing exceptional value for urban living.
The seller's openness to a carry-back loan provides a significant advantage for buyers seeking creative financing solutions in a fluctuating interest rate market.
The association fee of $754 per month is relatively high, which significantly increases the monthly carrying costs and may impact overall affordability for some buyers.
Built in 1974, the complex may face higher long-term maintenance requirements or potential special assessments compared to newer developments in the area.
NEW PRICE! Experience the best of Oakland living in this stylish Portobello Community condo—a tranquil escape in the heart of Jack London Square! Wake up to stunning estuary views from your balcony and downstairs bedroom. This well-appointed home features granite countertops, a breakfast bar for casual dining, and an open-concept living/dining area ideal for entertaining. The airy balcony extends your living space outdoors, while vaulted ceilings enhance the sense of spaciousness. A cozy fireplace adds warmth, and engineered hardwood floors flow throughout this level. A built-in desk provides a convenient workspace. Dual-level entrances offer added convenience. The lower level boasts two comfortable bedrooms and a full hallway bathroom with tub, and it's own separate entry/exit door. Enjoy resort-style amenities, including a sparkling pool, hot tub, sauna, tennis courts, private gym, secured gated entry, parking, guest parking, a welcoming lobby, and Amazon lockers for secure package delivery. Located near top dining, shopping, the Sunday farmers market, entertainment, and convenient BART and ferry access. Just minutes from Alameda, San Francisco, Berkeley, and local wineries and breweries. Enjoy easy freeway access for seamless Bay Area travel.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,050 | 952.848 |
| Lot Size | 100,204 | 16,731.21 |
| Price | $399.0K | $488.1K |
| Price per sq ft | $380 | $502 |
| Built year | 1974 | 1991 |
| HOA | $754.0 | $683 |
| Days on market | 41 | 60 |
Aug 27, 2026
$399,000
$420,000
-5% Price Drop
Initial Listing
Jul 30, 2026
$420,000
Initial Listing
Jun 27, 2017
$525,000
Public Record
Dec 21, 2004
$355,000
Public Record