Multi-story residential and commercial building featuring varied window designs and a prominent rooftop clock
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988 Franklin Street, 1111, Oakland, CA 94607

$488K2bd · 2ba · 898 sqft
Lot 98,000 sqft•HOA $895/mo•Condominium•
Active
•151d on market•MLS# 00-41134729

Property Description

Low price $488K for beautiful remodeled big 2bed 2bath condo with new kitchen appliances located in the heart of Chinatown. Spacious and bright living room with elegant double curtains! Built in 1993 high raise building with elevators, big windows make this unit very bright! Security building with one 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, security and building insurance, etc....Open house on Saturday & Sunday Oct. 10,11 at 12:00pm-3:00pm.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Condominium
View
Water
City
Oakland
Zip Code
94607
County
Alameda
Listed byJOIN RE GROUP INC., Yang Cao

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,467.59
Principal & Interest
Loan Amount
$390,400
Total Interest
$497,934
Total Payment Over 30 Years
$888,334
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

988 Franklin Street, 1111, Oakland, CA 94607

Oakland · Condominium

$488K
Affordable Tier
Beds
2
Baths
2
Sqft
898
Lot
2.25 ac
Year
1993
$/Sqft
$543
Pool: No✓
View: water✓

Listed 7.0% below the median closed sale of $525,000. Price per sqft ($543) is a 21% premium to closed comps ($447). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $488K· $543/sqft
Total list price
Closed comps
vs closed median $525K
−$37K (−7.0%)
Active comps
vs active median $410K
+$78K (+19.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $546
−$3 (−0.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
901 Jefferson St.Oakland20091269122,502$593$410,0003775
222 BroadwayOakland20091173535,016$592$435,0006073
2868 38Th AveOakland1981117379,919$404$298,000471
222 BroadwayOakland20091169435,016$612$425,000170
2005 Pleasant ValleyOakland19751165021,215$528$343,0001670
Total: 5 · Average1.01.2701.424,733.6$545.8$382,20023.6
Median694$410,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
10401 ShawOakland198209/29/2026221,02438,906$299,000$275,000$2690.9224785
1826 Vicksburg AveOakland199109/14/20263292015,541$338,000$308,000$3350.918783
322 Hanover AveOakland198409/09/2026221,00532,670$649,000$620,000$6170.954782
3090 Glascock StOakland200510/05/2026221,13349,951$498,000$525,000$4631.056682
187 City Limits CirOakland200510/01/2026221,0336,311$649,000$570,000$5520.884079
Total: 5 · Average2.22.01,02328,675.8$459,600$459,600$447.2—97.4
Median1,024$525,000$525,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.