850 West Grand Ave. 6, Oakland, California 94607, Oakland, 94607 - 1 bed, 2 bath
ACTIVE$539,900
850 West Grand Ave. 6, Oakland, California 94607
1Bed
2Baths
1,494Sqft
1,494Lot
Price Vs. Estimate
The estimated value ($566,178.575) is $26,278.575 (4%) higher than the list price ($539,900). This property may be underpriced.
Key pros and cons
Top Pros:
Modern Loft Design: This sleek and modern loft boasts soaring high ceilings and an abundance of natural light, creating an open and inviting atmosphere.
Top Cons:
High Association Fee: The monthly association fee of $711.00 is substantial and adds a significant ongoing cost to homeownership.
Compared to the nearby listings
Price:$539.9K vs avg $428.0K (+$111,900)75%
Size:1,494 sqft vs avg 990 sqft92%
Price/sqft:$361 vs avg $43815%
More Insights
Built in 2003 (22 years old).
Condition: Built in 2003, this loft has been extensively updated, particularly in the kitchen and bathrooms, which appear virtually new and meet current quality standards. The kitchen features modern white shaker cabinets, dark countertops, stainless steel appliances (including a new dishwasher), and a stylish gold-toned faucet. The bathrooms boast contemporary vanities with vessel sinks, modern fixtures, and sleek dark-tiled walk-in showers with glass enclosures. The property also benefits from polished concrete and hardwood flooring, modern lighting, and an overall 'sleek and modern' aesthetic, indicating minimal physical depreciation and no deferred maintenance in key areas.
Year Built
2003
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$361
HOA
$711
Days on market
-
Sold On
-
MLS number
41112389
Home ConditionExcellent
Features
View-
About this home
COME TAKE A LOOK AT THIS BEAUTIFUL LOFT!!! Welcome to this stunning loft in the heart of Oakland, California. This sleek and modern 1 bedroom, 2 bathroom home features soaring high ceilings and an abundance of natural light. Located just minutes away from shopping in Emeryville, this is the perfect spot for those who enjoy a vibrant city lifestyle. The open floor plan is ideal for entertaining friends and family, while the spacious bedroom offers a quiet retreat after a long day. Don't miss your chance to own a piece of urban luxury in one of the Bay Area's most desirable neighborhoods. Come see what makes this Oakland property so special today!
Condition Rating
Excellent
Built in 2003, this loft has been extensively updated, particularly in the kitchen and bathrooms, which appear virtually new and meet current quality standards. The kitchen features modern white shaker cabinets, dark countertops, stainless steel appliances (including a new dishwasher), and a stylish gold-toned faucet. The bathrooms boast contemporary vanities with vessel sinks, modern fixtures, and sleek dark-tiled walk-in showers with glass enclosures. The property also benefits from polished concrete and hardwood flooring, modern lighting, and an overall 'sleek and modern' aesthetic, indicating minimal physical depreciation and no deferred maintenance in key areas.
Pros & Cons
Pros
Modern Loft Design: This sleek and modern loft boasts soaring high ceilings and an abundance of natural light, creating an open and inviting atmosphere.
Exceptional Space for Type: At 1494 sqft, this 1-bedroom unit offers a remarkably spacious living area, providing ample room for comfort and entertaining.
Prime Urban Location: Situated in the heart of Oakland and minutes from shopping in Emeryville, it offers a vibrant city lifestyle in a desirable Bay Area neighborhood.
Strong Value Proposition: The property is listed below its estimated market value, potentially offering immediate equity or a competitive purchase for buyers.
Functional Layout with Dual Baths: The open floor plan is ideal for entertaining, complemented by two full bathrooms, a significant convenience for a 1-bedroom unit.
Cons
High Association Fee: The monthly association fee of $711.00 is substantial and adds a significant ongoing cost to homeownership.
Limited Bedroom Count: As a 1-bedroom unit, it caters to a smaller demographic, potentially limiting its long-term appeal or resale market compared to multi-bedroom properties.
Lack of Detailed Amenities/Parking: The description does not specify building amenities or dedicated parking, which can be a drawback for urban loft buyers at this price point.