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Condo sold for $400,000 in 64 days

Pacific Renais #705 988 Franklin St #705, Oakland, CA, 94607

Neighborhood: China Town

Off the market 2 beds 2 baths 836 sqft

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This light-filled, 7th-floor 2 bedroom, 2 bathroom unit is perfect for first-time buyers and investors. It offers peek-a-boo views of the Bay from the living room and bedrooms, with carpeted flooring throughout. Laundry facility on the same floor only a few doors down. Pacific Renaissance is a commuter's haven located in the heart of Downtown Oakland with a WalkScore® of 100 - “Walker's Paradise”, BikeScore™ of 86, and Transit Score of 89. Perfect to enjoy the vibrant lifestyle and urban attractions of the area, including the many shops, restaurants, farmers' markets, theatre in Jack London Square, and Old Town Oakland. BART, public transit and the freeway are only a block away and 20-minutes from San Francisco.
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Details of Pacific Renais #705

836 sqft interior area
Property type
Condo
Interior area
836 sqft
Land area
98,093 sqft (2.25 acres)
Price per sqft
$478/sqft
Address
988 Franklin St #705, Oakland, CA, 94607
City of California
Oakland
County
Alameda
Condo building
Pacific Renais
Year Built
1993
Previous price
$425,000
Sold price
$400,000
Association fees
$825
nr.of parking places
1
Neighborhood
China Town
District
Oakland Zip Code 94607

Open Houses

No upcoming open houses

Interior Features

5 rooms, 1 parking places
Beds
2
Baths
2
Floors
Linoleum, Carpet
Property Condition
Existing
Garage & Parking
Garage, Assigned, Space Per Unit - 1, Underground, Garage Door Opener
Kitchen features
Counter - Laminate, Dishwasher, Electric Range/Cooktop, Refrigerator
Other rooms
No Additional Rooms, Laminate Counters

Listed by

Helen Kwong, RED OAK REALTY
Name
Helen Kwong
License number
01791410
Brokerage company
RED OAK REALTY
MLS #
41014964

Buyer agent

Name
Hui Kai Pi
Brokerage company
Realty ONE Group Future

Payment calculator

Calculate your monthly payments
Mortgage
$1,229
Taxes
$0
HOA dues
$825
$2,054 per month
Mortgage
$80,000 / 20%
2.28%
30 years
Your amount $1,229 / month

Exterior Features

Other construction and more
Construction
Other
Pool
None
Yard
Unit Faces Street, No Yard

Lot details

Lot Description
No Lot

China Town neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in China Town

41%
Families with children
National average: 39%
51%
Non family households
364,979
Population
$115,095
Average Income

Age & gender

Median age 38 years
More info

Commute types

54% commute by car
More info

Education level

31% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

46% have 1 vehicle
More info

Vehicles by gender

46% have 1 vehicle
More info

Housing market insights for Pacific Renais #705

$1.09m
Neighborhood average
sales price*
$875k
Neighborhood median
sales price*
557
Number
of sales*
$380.04k
Median sale price Pacific Renais*

Housing type

32% are single detacheds
More info

Rooms

35% of the houses have 4 or 5 rooms
More info

Bedrooms

50% have 2 or 3 bedrooms
More info

Owners vs Renters

64% are renters
More info
17.67 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Pacific Renais building info

Pacific Renais
Greenbelt
Laundry

Other details

Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Style
Contemporary
Construction
Other
Community Association
PACIFIC RENAISSANCE

Price history

Sold Feb 1, 2023

Pacific Renais Median sales price 2024

Bedrooms Med. price % of listings
2 beds $400k 100%
Date Event Price $/sqft Source
Feb 1, 2023 Sold $400,000 478.47 Public Record
Feb 1, 2023 Price Decrease $400,000 -3.61% 478.47 MLS #41014964
Jan 30, 2023 Pending $415,000 496.41 MLS #41014964
Jan 11, 2023 Price Decrease $415,000 -2.35% 496.41 MLS #41014964
Nov 30, 2022 New Listing $425,000 508.37 MLS #41014964

Agent viewpoints of 988 Franklin St #705, Oakland, CA, 94607

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Open floorplan
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Frequently Asked Questions about Pacific Renais #705

What is Pacific Renais #705?

988 Franklin St #705, Oakland, CA, 94607 in the Pacific Renais condominium building. This is a 2 bathrooms and 2 bedroom condo in the China Town neighborhood. This apartment has 836 sqft interior space. This condo with unit number 705. It is located in the city of Oakland, California.

Does this condo have views?

No, it isn't.

Which year was this condo built?

This condo was build in 1993.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Condo?

988 Franklin St #705, Oakland, CA, 94607.

Are grocery stores nearby?

The closest grocery stores are New Dic's Supermarket, 0.06 miles away and LG Supermarket, 0.1 miles away.

What is the neighborhood like?

The China Town neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.51 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.

Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Feb 02, 2023
Verhouse Last checked 2 minutes ago

988 Franklin St #705, Oakland, CA, 94607 in the Pacific Renais condominium building. This is a 2 bathrooms and 2 bedroom condo in the China Town neighborhood. This apartment has 836 sqft interior space with views. This condo with unit number 705. It is located in the city of Oakland, California.
The closest grocery stores are New Dic's Supermarket, 0.06 miles away and LG Supermarket, 0.1 miles away.
The China Town neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.51 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.
Condo Sold $400k 988 Franklin St #705, Oakland, CA, 94607 2 beds / 2 baths / 836 sqft Save House Remove from Saved