$398,000
●
Condo -
Off Market
255 3Rd St #202
Oakland, CA 94607
1 Bed
1 Bath
1,234 Ft²
$2,866
Est. Monthly
$911
HOA / Fees
4.28%
Cap Rate
About This Property
This is a well priced, spacious, one bedroom home that has high
ceilings and floor-to-ceiling windows. The open, two-level
loft-style condo features sturdy concrete walls and columns.
It's a light filled corner unit with windows on two
sides and fewer shared walls. Three closets provide abundant
storage space. Enjoy a generous amount of outdoor space
on the private patio. Included in the package is deeded
parking in the locked, ground-floor garage. The San Francisco Bay
Ferry, freeways, BART, Amtrak, and AC Transit are all a short
distance away. A prime location in Oakland's vibrant Jack London
Square neighborhood, the many choices for restaurants, bars,
breweries, coffee houses, shops are all a few steps away.
Relax in the Tower Lofts rooftop garden a couple floors above, or
take a short walk over to the Oakland Estuary waterfront and watch
the sun set behind downtown San Francisco.
Unit Size
1,234 Ft²
Days on Market
199 days
Land Size
0.34 acres
Price per sqft
$323
Property Type
Condo
Property Taxes
-
HOA Dues
$911
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (bridgeMLS/CCAR/Bay East AOR #41083771)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Price Decreased |
$398,000
↓ $35K
(8.1%) | |
| Price Decreased | |||
| Jan 27, 2025 | Listed by Berkshire Hathaway Home Services | $433,000 | |
| Listed by Berkshire Hathaway Home Services | |||
Property Highlights
Garage
Elevator
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Underground, Garage, Garage Door Opener, OneSpace
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Dryer, Washer
Flooring Type: Concrete
Fireplace Features: None
Exterior Details
Square Footage: 1234
Architectural Style: Contemporary
Year Built: 1971
Builder Model: Loft
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool Features: None
Lot Features: Zero Lot Line
Lot Size Area: 14942
Lot Size Units: Square Feet
Lot Size Acres: 0.343
Lot Size Square Feet: 14942
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Maintenance Grounds, Insurance, Trash
HOA Fee: $911
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2025
|
1 Bed
|
1 Bath
|
1313 ft²
|
$629,000
1 Bed
1 Bath
1313 ft²
|
$640,000
+1.75%
03/28/2025
|
Toni Hanna
The Agency
| |
|
01/27/2025
|
1 Bed
|
1 Bath
|
1234 ft²
|
$433,000
1 Bed
1 Bath
1234 ft²
|
$398,000
-8.08%
08/14/2025
|
Ela Strong
Berkshire Hathaway Home Services
| |
|
10/18/2024
|
3 Bed
|
2 Bath
|
2775 ft²
|
$1,495,000
3 Bed
2 Bath
2775 ft²
|
$1,415,000
-5.35%
12/16/2024
|
Toni Hanna
The Agency
| |
|
07/30/2024
|
1 Bed
|
1 Bath
|
1769 ft²
|
$650,000
1 Bed
1 Bath
1769 ft²
|
$625,000
-3.85%
11/14/2024
|
Ary Assadi
Bay Area Modern Real Estate
| |
|
06/09/2022
|
1 Bed
|
1 Bath
|
1370 ft²
|
$679,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
Jennifer Bauer
The GRUBB Company
| |
|
01/14/2022
|
1 Bed
|
1 Bath
|
1378 ft²
|
$699,000
1 Bed
1 Bath
1378 ft²
|
-
-
|
Sarah Arnold
Keller Williams Realty
| |
|
07/09/2021
|
1 Bed
|
1 Bath
|
1370 ft²
|
$798,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
Kim Cole
Kim Cole Real Estate
| |
|
02/23/2021
|
1 Bed
|
1 Bath
|
1338 ft²
|
$679,000
1 Bed
1 Bath
1338 ft²
|
-
-
|
-
| |
|
09/30/2020
|
1 Bed
|
1 Bath
|
1370 ft²
|
$649,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
-
| |
|
07/29/2020
|
1 Bed
|
1 Bath
|
1600 ft²
|
$899,000
1 Bed
1 Bath
1600 ft²
|
-
-
|
-
| |
|
10/18/2019
|
Studio
|
1 Bath
|
1378 ft²
|
$599,000
Studio
1 Bath
1378 ft²
|
-
-
|
-
| |
|
03/08/2019
|
1 Bed
|
1 Bath
|
1256 ft²
|
$649,000
1 Bed
1 Bath
1256 ft²
|
-
-
|
-
| |
|
11/07/2015
|
2 Bed
|
1 Bath
|
2068 ft²
|
$649,000
2 Bed
1 Bath
2068 ft²
|
$865,000
+33.28%
12/04/2015
|
Marilyn Garcia
THE GRUBB CO. INC.
| |
|
09/01/2014
|
1 Bed
|
1 Bath
|
1256 ft²
|
$475,000
1 Bed
1 Bath
1256 ft²
|
$480,000
+1.05%
10/16/2014
|
Jack McPhail
Compass
| |
|
01/07/2014
|
1 Bed
|
1 Bath
|
1165 ft²
|
$465,000
1 Bed
1 Bath
1165 ft²
|
$465,000
04/01/2014
|
Eunmi Patty Hyun
Compass
| |
|
10/24/2013
|
1 Bed
|
1 Bath
|
1234 ft²
|
$499,000
1 Bed
1 Bath
1234 ft²
|
$494,000
-1.00%
01/13/2014
|
Anna Bahnson
Compass
|
Building Info
About Central Oakland
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Listed by: Ela Strong, Berkshire Hathaway Home Services
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41083771
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41083771
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