989 Webster St 651, Oakland, California 94607, Oakland, 94607 - 2 bed, 2 bath
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Oakland, California 94607
This property represents a High-Potential Investment Opportunity, listed at a List Price of $323,888—positioned well below the $324,425 Fair Market Value by 0.17%. Featuring a Fair Condition Rating with original 1993 finishes, this unit offers a clear path for cosmetic value-add. With a WalkScore of 100 and proximity to Lincoln Elementary (Rating 8), the location ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Oakland market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 989 Webster St 651 Subject | $323,888* List Price | 2 | 2 | 816 | $398 | - |
A 989 989 Webster St 450 Sold | $315,000 | 2 | 2 | 821 | $384 | 0.0 mi |
B 988 Franklin Street 710 Sold | $280,000 | 1 | 1 | 563 | $497 | 0.0 mi |
C 675 675 8th Street 15 Sold | $377,000 | 2 | 2 | 849 | $444 | 0.4 mi |
D 801 Franklin St 607 Sold | $330,000 | 2 | 2 | 880 | $375 | 0.1 mi |
E 675 8th St 10 Sold | $335,000 | 1 | 2 | 866 | $387 | 0.4 mi |
F 423 423 7th St 220 Sold | $298,000 | 1 | 1 | 785 | $380 | 0.2 mi |
G 423 7th St 506 Sold | $308,000 | 1 | 1 | 791 | $389 | 0.2 mi |
H 989 Franklin St 523 Sold | $270,000 | 1 | 1 | 571 | $473 | 0.1 mi |
I 801 Franklin St 1108 Pending | $349,999 List Price | 2 | 1 | 975 | $359 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property appears to be in mostly original condition. The kitchen features dated oak cabinetry, laminate counters, and older appliances. Interior finishes like popcorn ceilings and electric baseboard heaters reflect the age of the building. While functional and well-maintained, the unit is dated and requires cosmetic updates to meet modern standards.
With a perfect Walk Score of 100 and a Transit Score of 90, this property offers unparalleled access to BART, AC Transit, and the vibrant amenities of Chinatown and Uptown Oakland.
Priced aggressively at $323,888 for a two-bedroom, two-bathroom end unit, this property represents one of the most affordable entry points for homeownership in the local market.
The well-maintained building provides high-value features including 24/7 security, secure underground parking, and a rooftop courtyard, ensuring both safety and convenience for urban residents.
The association fee of $916 per month is substantial relative to the listing price, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
At 816 square feet for a two-bedroom, two-bathroom configuration, the unit's layout is relatively dense, which may feel restrictive for buyers prioritizing interior spaciousness.
OPEN SUN 7/26, 4-6pm, Spacious and Bright! WELCOME TO THE MOST WELL PRICED OPPORTUNITY AVAILABLE IN OAKLAND!!! TWO BEDROOMS with TWO FULL BATHROOMS- END UNIT (next to laundry) at this price??? Located in the heart of Oakland Chinatown, literally walk downstairs to restaurants, shopping, bars, BART, AC transit, EVERYTHING! ONLY 5 mins to Uptown/First Fridays, Lake Merritt, and Farmers market! Well maintained pet friendly building with rooftop courtyard, secure underground parking, 24/7 security and great sized units. WALKSCORE of 100, TRANSIT SCORE of 90, BIKESCORE of 84!!! DON'T MISS OUT and stop wasting your money on rent cause the math is mathing on this one!!! FINALLY, now is your shot to get into the real estate market while you can with this great investment!!!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 816 | 1,032 |
| Lot Size | 98,093 | 17,988 |
| Price | $323.9K | $523.2K |
| Price per sq ft | $397 | $487 |
| Built year | 1993 | 1975 |
| HOA | $916.0 | $730 |
| Days on market | 4 | 53 |
Jul 18, 2026
$323,888
Initial Listing
Mar 25, 2016
$330,000
Public Record
May 19, 2010
$299,000
Public Record
Dec 19, 2007
$4,000,000
Public Record