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988 Franklin St 523, Oakland, California 94607, Oakland, - bed, bath

home-pic
ACTIVE$399,000
988 Franklin St 523, Oakland, California 94607
2Beds
2Baths
866Sqft
Lot
Year Built
1993
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
-
HOA
$863
Days on market
-
Sold On
-
MLS number
41116365
Home ConditionFair
Features
Good View: Bay, Bridge(s), City Lights
ViewBay,Bridge(s),City Lights

About this home

Great opportunity for a one level, two-bedroom, 2 bath corner unit in Pacific Renaissance Plaza, in the heart of Oakland’s vibrant Chinatown. Facing north and west with views of downtown and San Francisco Bay, this unit features a fully equipped kitchen including refrigerator with city view, spacious living room with bay windows and city and Bay views, large primary bedroom with en-suite bathroom and second bedroom, both with city views, and newer plank flooring throughout. HOA amenities include elevators, community laundry, garden terrace on 3rd floor, trash chutes on each floor, water and hot water. Pacific Renaissance Plaza features professional on-site management, a secure lobby with controlled access, assigned underground parking for residents and convenient public parking for visitors, 24-hour security, shops, bank and Asian branch library. Ideal location close to Oakland's Financial District, Jack London Square, 12th Street BART station and Old Oakland Farmers' Market on Fridays, plus easy access to 880 and 580. Open House 11/1 & 11/2, 1:00 - 4:00 PM Views: Downtown

Nearby schools

8/10
Lincoln Elementary School
Public,•K-5•0.2mi
2/10
Westlake Middle School
Public,•6-8•1.1mi
7/10
Oakland Technical High School
Public,•9-12•2.3mi
2/10
Oakland International High School
Public,•9-12•2.3mi
2/10
Fremont High
Public,•9-12•3.8mi

Price History

Date
Event
Price
10/31/25
Listing
$399,000
07/16/13
Sold
$373,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (49 Listings)
Beds21
52%
Baths22
50%
Square foot866960
32%
Lot Size098,093
Price$399K$420K
44%
Price per square foot$461$459
50%
Built year199310031003
36%
HOA$863$646.5
76%
Days on market4186
2%
Condition Rating
Fair
Built in 1993, this condo is well-maintained with newer plank flooring throughout, which is a positive update. However, the kitchen features dated white flat-panel cabinets, laminate countertops, and a composite sink, with functional but not modern appliances and an outdated fluorescent light fixture. The bathrooms also show significant age with dated vanities, laminate/cultured marble countertops, integrated sinks, and old-style fluorescent bar lighting and vinyl flooring. While functional and clean, both the kitchen and bathrooms require substantial aesthetic updates to meet current standards, aligning with a property built over 20 years ago with no major renovations since construction, but maintained through regular upkeep.
Pros & Cons

Pros

Prime Location: Situated in the heart of Oakland's vibrant Chinatown, offering immediate access to the Financial District, Jack London Square, 12th Street BART station, and major freeways (880/580), providing exceptional convenience and connectivity.
Panoramic Views: The corner unit boasts desirable north and west-facing views of downtown Oakland, the San Francisco Bay, and city lights from multiple rooms, including the living area and both bedrooms.
Comprehensive Building Amenities & Security: Pacific Renaissance Plaza offers professional on-site management, 24-hour security, a secure lobby with controlled access, assigned underground parking, community laundry, elevators, a garden terrace, and trash chutes on each floor.
Desirable Unit Features: This is a one-level, two-bedroom, two-bath corner unit with a fully equipped kitchen (including refrigerator) and newer plank flooring throughout, offering a modern and functional living space.
HOA Inclusions: The HOA fee covers essential utilities such as water and hot water, in addition to extensive building services and security, simplifying monthly budgeting for residents.

Cons

High HOA Dues: The monthly association fee of $863.00 is substantial, which could significantly impact the overall affordability and monthly carrying costs for potential buyers.
Community Laundry Only: The property relies on community laundry facilities, lacking the convenience and privacy of an in-unit washer and dryer, which is a common preference for condo owners.
Compact Living Space: At 866 square feet for a two-bedroom, two-bathroom unit, the living space may be considered compact by some buyers, potentially limiting comfort or flexibility for larger households.

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