503/485 8th St

Off Market

503/485 8th St

Oakland CA 94607

598 sq. ft.

Condo

Last sold for $400,000

Paul Wong, last sold this property on 21 June 2023 after 117 days on market.

Overview

Welcome to 485 8th St. #503 known as ?The Gem Building?, in Historic Old Oakland neighborhood. This 1 Bedroom/1Bath condo situated on the top floor, has an open floor plan and features hardwood floors throughout, custom lighting, granite countertops, abundance of natural sunlight and a private patio. With easy access to Freeway 580, 880 and 980 - 5 min walk to Bart - 20 min to SF from home - Blocks from Downtown Oakland, Jack London, Oakland Chinatown, one block from the free Broadway B shuttle, and Lake Merritt. Surrounded by amazing restaurants and shops. Let?s not forget about the incredible Farmer?s Market every Friday, where fresh fruits and vegetables can be found right outside your doorsteps! Don?t miss out on this rare opportunity.

Features

1 bedroom

1 bathroom

598 sq. ft. floor area

598 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Oakland over the last 12 months, the estimated median property value of 503/485 8th St is $357k.

Median value

$357k

Estimated value range

$205k - $717k

Median days on market

Estimated value trend

-7%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503/485 8th St

2023

Sold

$400,000

21 Jun 2023 by Paul Wong, of Coldwell Banker Realty

2018

Sold

$510,000

24 Apr 2018 by Kim Cole, of Kim Cole Real Estate

2016

Sold

$420,000

13 Jul 2016

Happy sellers in Oakland

85%

85% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Oakland over the last 12 months.

Local market activity for 1 bedroom condos in Oakland

In the last 12 months, 49 one-bedroom condos similar to 503/485 8th St, have been sold.

This represents a 24% increase in one-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Oakland for a market analysis.

Eva Do

at Excel Realty

4.9

(14 reviews)

Get a market analysis

Ed Kuo

at THE GRUBB CO. - Montclair

(7 reviews)

Get a market analysis

Sylvana Wong

at RE/MAX Accord | Danville

(35 reviews)

Get a market analysis

Rasul Muhammad

(8 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Oakland

Eva Do

Eva Do is a recommended agent for Oakland. They have 5 local sales and collected 2 local reviews across the last 12 months.

4.9 (14 reviews)
2 Reviews in Oakland
5 Sales in Oakland

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Ed Kuo

Sellers who recommend Ed Kuo have praised them for being clear communication, local expert, and responsive

5 (7 reviews)
1 Review in Oakland
3 Sales in Oakland

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Sylvana Wong

Sellers who recommend Sylvana Wong have praised them for being local expert, supportive, responsive, clear communication, reliable, detail-oriented, and patient