801 Franklin St 707, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
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Oakland, California 94607
This property presents a Strong Value Opportunity with a List Price of $265,000—positioned well below the $280,588 Fair Market Value by 5%. This valuation gap offers $15,588 in Instant Equity for buyers willing to address the Condition Rating of 5. While the unit requires a full interior rehab, its 880 sq. ft. layout provides significant upside in a prime Chinatown location. This is a high-reward acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Franklin St 707 Subject | $265,000* List Price | 1 | 1 | 880 | $319 | - |
A 989 989 Webster St 450 Sold | $315,000 | 2 | 2 | 821 | $384 | 0.1 mi |
B 330 8th St 3d Pending | $325,000 List Price | 2 | 1 | 833 | $390 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 with no apparent renovations in nearly 50 years. The kitchen features original cabinetry, dated appliances, and visible wall damage/missing vent covers. The unit requires a full rehab to address the aged systems, popcorn ceilings, and original finishes.
Situated in the heart of Oakland Chinatown, the property offers unparalleled walkability to BART, local markets, and diverse dining, making it an ideal hub for commuters and urban enthusiasts.
At 880 square feet, this one-bedroom unit features a larger-than-typical layout that easily accommodates a dedicated work-from-home space alongside spacious living and dining areas.
Listed at $265,000—substantially lower than its 2021 sale price of $408,000—this property offers exceptional equity potential for buyers willing to invest in cosmetic upgrades.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 880, other record living area = 585.
The unit requires modern updates and personal styling to reach its full potential, suggesting immediate additional capital expenditure will be necessary after closing.
The $606 monthly HOA fee is relatively high for a one-bedroom unit at this price point, which may impact overall affordability and debt-to-income ratios for some buyers.
Exceptional value at City Center Plaza in the heart of Oakland Chinatown! This spacious 880 sq. ft., 1-bedroom, 1-bath condo features a larger-than-typical layout with generous living, dining, and work-from-home space. Secure building access, elevator service, on-site laundry, and a designated parking space on G1. HOA dues include water, gas, and garbage. Add your personal style and upgrades to transform this space into a modern home tailored to your lifestyle. Just steps from vibrant shops, restaurants, markets, and BART. Ideal for first-time buyers, downsizers, or investors seeking a comfortable urban home in one of Oakland’s most dynamic neighborhoods!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 880 | 1,032 |
| Lot Size | 59,184 | 17,988 |
| Price | $265.0K | $523.2K |
| Price per sq ft | $301 | $487 |
| Built year | 1976 | 1975 |
| HOA | $606.0 | $730 |
| Days on market | 2 | 53 |
Jul 21, 2026
$265,000
Initial Listing
Dec 14, 2021
$408,000
Public Record
Mar 7, 2017
$375,000
Public Record
Jul 3, 2007
$299,000
Public Record