988 Franklin Street 710, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
988 Franklin Street 710
Oakland, California 94607
Property Price
SUMMARY
Analysis of 988 Franklin Street 710, Oakland, California 94607 is currently available with a list price of $319,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1993 (31 years old) and features recent cosmetic updates including new flooring and fresh paint. While move-in ready and well-maintained, the kitchen and bathroom cabinetry and fixtures appear to be original or dated rather than fully renovated. It fits the 'fair' criteria as an aged property with occasional updates where major components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Chinatown, this property offers exceptional walkability and transit access, with BART nearby and essential services like a library, bank, and health center located within the same building.
- Move-In Ready Condition
The unit has been recently updated with beautiful new flooring and fresh paint, providing a clean and modern aesthetic that allows for immediate occupancy without the need for initial renovations.
- Building Amenities & Security
Residents benefit from a secure high-rise environment featuring designated garage parking, a large roof garden, and the convenience of laundry facilities located on the same floor as the unit.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $789 is significantly high for a 563-square-foot one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Limited Square Footage
At only 563 square feet, the living space is quite compact, which may present challenges for furniture layout and storage for those seeking a more spacious residential feel.
About 988 Franklin Street 710
Low price beautiful new floor and fresh paint 1bed 1bath condo located in the heart of Chinatown. Built in 1993 high raise building with elevators, big windows face to Southeast can see the elegant water fountain! Security building with one designated garage parking. Near BART, same building has bank, restaurants, library, and health center. Big roof garden. Laundry room is in the same floor. HOA fee includes cold and hot water, garbage and building insurance, etc. Open house on Saturday and Sunday Feb. 28 and March 1 at 11:00am-4:00pm. Please come to see this unique unit!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $789.0 / Month
Neighborhood Insights
Oakland Unified Schools
Lincoln Elementary School
Grades K-5 • 0.2 mi
Westlake Middle School
Grades 6-8 • 1.1 mi
Oakland Technical High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 563 | 894 | 2% |
| Lot Size | - | 5,622 | 47% |
| Price | $319.0K | $400.0K | 21% |
| Price per sq ft | $567 | $438 | 91% |
| Built year | 1993 | 2007 | 30% |
| HOA | $789.0 | $629 | 70% |
| Days on market | 53 | 179 | 8% |
Pricing History
Listed for Sale
Feb 13, 2026
$319,000
$329,000
-3% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$329,000
Initial Listing
Sold
Jul 30, 2021
$350,000
Public Record