$740,000
●
Condo -
Off Market
288 3Rd St #505
Oakland, CA 94607
2 Beds
2 Baths
1,285 Ft²
$4,496
Est. Monthly
$769
HOA / Fees
3.86%
Cap Rate
About This Property
Set in the heart of Jack London Square, this sophisticated
residence at 288 3rd Street captures the essence of modern
industrial living with the ease and energy of Oakland's most
vibrant waterfront neighborhood. Spanning 1,285 sqft, this
2+Bed/2Bath home is thoughtfully designed w/ soaring concrete
ceilings, wide plank wood floors,& expansive windows that flood the
space w/ natural light. Open concept living & dining area flows
seamlessly into a sleek, contemporary kitchen featuring warm wood
cabinetry, stone countertops, breakfast bar, & stainless appliance
package. Both bedrooms are generously sized & offer walk-in
closets; a rare luxury in urban living. The serene primary suite
feels like a private retreat, complete w/ a spacious en-suite bath
and refined finishes. Off of the bright second bedroom is the
laundry closet, office/den, & another full bathroom. A private
balcony extends the living space outdoors, offering an airy and
charming spot for morning coffee or winding down at sunset with the
city as your backdrop. Incredible communal rooftop deck w/
panoramic views, BBQ/patio areas. Massive solar array to power HOA
common areas. Unit has 2 parking spaces & a storage closet in
garage. Waterfront living steps from Jack London Square dining,
music, movies, breweries,& more Views: Downtown
Unit Size
1,285 Ft²
Days on Market
51 days
Land Size
0.69 acres
Price per sqft
$591
Property Type
Condo
Property Taxes
-
HOA Dues
$769
Year Built
2006
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Cap Rate Calculator
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Operating Profit Per Year
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: 8 months ago (bridgeMLS/CCAR/Bay East AOR #41120927)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Corcoran Icon Properties | $759,000 | |
| Listed by Corcoran Icon Properties | |||
Property Highlights
Garage
Parking Available
Elevator
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Underground, OneSpace
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar
Flooring Type: Laminate
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1285
Architectural Style: Contemporary
Year Built: 2006
Levels: One
Construction Materials: Stucco
Pool Features: None
Lot Size Area: 29963
Lot Size Units: Square Feet
Lot Size Acres: 0.6879
Lot Size Square Feet: 29963
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Gas, Maintenance Grounds, Insurance, Other, Security
HOA Fee: $769
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 |
|---|---|---|---|---|---|---|---|
|
01/15/2026
|
1 Bed
|
1 Bath
|
866 ft²
|
$399,000
1 Bed
1 Bath
866 ft²
|
$400,000
+0.25%
02/24/2026
|
Mike Yohay
Compass
| |
|
01/14/2026
|
2 Bed
|
2 Bath
|
1285 ft²
|
$759,000
2 Bed
2 Bath
1285 ft²
|
$740,000
-2.50%
03/06/2026
|
Michael Braillard
Corcoran Icon Properties
| |
|
09/05/2025
|
1 Bed
|
1 Bath
|
797 ft²
|
$399,000
1 Bed
1 Bath
797 ft²
|
$400,000
+0.25%
11/19/2025
|
Cameron Platt
Abio Properties
| |
|
06/25/2025
|
1 Bed
|
1 Bath
|
833 ft²
|
$450,000
1 Bed
1 Bath
833 ft²
|
$430,000
-4.44%
09/15/2025
|
Paolo Ocampo
eXp Realty of California, Inc
| |
|
03/28/2025
|
2 Bed
|
2 Bath
|
1176 ft²
|
$775,000
2 Bed
2 Bath
1176 ft²
|
$770,000
-0.65%
05/23/2025
|
Elizabeth Marroquin
Red Oak Realty
| |
|
08/16/2024
|
1 Bed
|
1 Bath
|
833 ft²
|
$579,000
1 Bed
1 Bath
833 ft²
|
$450,000
-22.28%
02/19/2025
|
Sami Elabed
KW Advisors
| |
|
06/20/2024
|
2 Bed
|
2 Bath
|
1176 ft²
|
$779,000
2 Bed
2 Bath
1176 ft²
|
$760,888
-2.33%
09/11/2024
|
Kim Cole
Kim Cole Real Estate
| |
|
06/03/2024
|
2 Bed
|
2 Bath
|
1139 ft²
|
$798,000
2 Bed
2 Bath
1139 ft²
|
-
-
|
Richard Kaluza
Compass
| |
|
09/07/2023
|
2 Bed
|
2 Bath
|
1139 ft²
|
$849,000
2 Bed
2 Bath
1139 ft²
|
-
-
|
Richard Kaluza
Compass
| |
|
03/17/2023
|
1 Bed
|
1 Bath
|
797 ft²
|
$649,000
1 Bed
1 Bath
797 ft²
|
-
-
|
Barb Brawner
Golden Gate Sotheby's Int'l Re
| |
|
07/17/2021
|
2 Bed
|
2 Bath
|
1211 ft²
|
$919,000
2 Bed
2 Bath
1211 ft²
|
$980,000
+6.64%
10/08/2021
|
Veronica McInerney
BHG HIGHLAND PARTNERS
| |
|
07/16/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$949,000
2 Bed
2 Bath
1337 ft²
|
$934,000
-1.58%
10/13/2021
|
Andrea Schlosser
Abio Properties
| |
|
05/18/2021
|
2 Bed
|
2 Bath
|
963 ft²
|
$699,000
2 Bed
2 Bath
963 ft²
|
-
-
|
-
| |
|
04/04/2021
|
3 Bed
|
2 Bath
|
1400 ft²
|
$899,000
3 Bed
2 Bath
1400 ft²
|
$985,000
+9.57%
05/07/2021
|
FELICIA DUNCAN
| |
|
10/14/2020
|
1 Bed
|
1 Bath
|
797 ft²
|
$689,000
1 Bed
1 Bath
797 ft²
|
-
-
|
-
| |
|
09/16/2020
|
2 Bed
|
2 Bath
|
1132 ft²
|
$849,000
2 Bed
2 Bath
1132 ft²
|
$844,500
-0.53%
11/25/2020
|
Kim Cole
| |
|
08/07/2020
|
1 Bed
|
1 Bath
|
797 ft²
|
$699,000
1 Bed
1 Bath
797 ft²
|
$715,000
+2.29%
10/02/2020
|
Kim Cole
| |
|
06/30/2020
|
2 Bed
|
2 Bath
|
1313 ft²
|
$799,000
2 Bed
2 Bath
1313 ft²
|
$780,000
-2.38%
09/11/2020
|
Steven Michaelides
THE GRUBB COMPANY
| |
|
06/28/2019
|
2 Bed
|
2 Bath
|
1244 ft²
|
$879,000
2 Bed
2 Bath
1244 ft²
|
-
-
|
-
| |
|
05/08/2019
|
2 Bed
|
2 Bath
|
1372 ft²
|
$1,065,000
2 Bed
2 Bath
1372 ft²
|
-
-
|
-
| |
|
02/22/2019
|
1 Bed
|
1 Bath
|
797 ft²
|
$619,000
1 Bed
1 Bath
797 ft²
|
$630,000
+1.78%
03/21/2019
|
Sara Garabedian
Red Oak Realty
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
995 ft²
|
$799,000
2 Bed
2 Bath
995 ft²
|
$813,000
+1.75%
12/07/2018
|
G. Julia Bivins
Compass
| |
|
11/02/2018
|
1 Bed
|
1 Bath
|
797 ft²
|
$625,000
1 Bed
1 Bath
797 ft²
|
$652,000
+4.32%
12/06/2018
|
John Wesley
THE GRUBB COMPANY
| |
|
04/01/2018
|
2 Bed
|
2 Bath
|
1313 ft²
|
$860,000
2 Bed
2 Bath
1313 ft²
|
$915,000
+6.40%
05/04/2018
|
Theresa D. Carlisle
Compass
| |
|
09/14/2017
|
2 Bed
|
2 Bath
|
1313 ft²
|
$819,000
2 Bed
2 Bath
1313 ft²
|
$885,000
+8.06%
10/24/2017
|
Anne Feste
THE GRUBB COMPANY
| |
|
09/08/2017
|
2 Bed
|
2 Bath
|
1372 ft²
|
$819,000
2 Bed
2 Bath
1372 ft²
|
$915,000
+11.72%
10/19/2017
|
Brian Santilena
COMPASS
| |
|
03/02/2017
|
2 Bed
|
2 Bath
|
1211 ft²
|
$910,000
2 Bed
2 Bath
1211 ft²
|
$900,000
-1.10%
06/05/2017
|
Aaron Brown
THE GRUBB COMPANY
| |
|
02/24/2017
|
2 Bed
|
2 Bath
|
1372 ft²
|
$899,000
2 Bed
2 Bath
1372 ft²
|
$950,000
+5.67%
03/16/2017
|
Timothy Browne
SELBORNE PROPERTIES INC
| |
|
11/02/2016
|
2 Bed
|
2 Bath
|
1337 ft²
|
$799,000
2 Bed
2 Bath
1337 ft²
|
$855,000
+7.01%
01/06/2017
|
Aaron Brown
Bennion Deville Homes
| |
|
10/19/2016
|
2 Bed
|
2 Bath
|
1139 ft²
|
$749,000
2 Bed
2 Bath
1139 ft²
|
$790,000
+5.47%
12/23/2016
|
Parminder Rahi
Allure Investors
| |
|
09/16/2016
|
2 Bed
|
2 Bath
|
1337 ft²
|
$825,000
2 Bed
2 Bath
1337 ft²
|
$1,000,000
+21.21%
10/26/2016
|
Rosie Nysaether
BHG HIGHLAND PARTNERS
| |
|
06/20/2016
|
2 Bed
|
2 Bath
|
1313 ft²
|
$775,000
2 Bed
2 Bath
1313 ft²
|
$830,000
+7.10%
08/09/2016
|
Wilbert Ross
MICHAEL JAMES COMPANY, INC.
| |
|
04/27/2016
|
2 Bed
|
2 Bath
|
1264 ft²
|
$775,000
2 Bed
2 Bath
1264 ft²
|
$910,000
+17.42%
06/10/2016
|
Eugene Boomer
THE GRUBB COMPANY
| |
|
04/09/2016
|
2 Bed
|
2 Bath
|
1372 ft²
|
$785,000
2 Bed
2 Bath
1372 ft²
|
$960,000
+22.29%
05/12/2016
|
G. Julia Bivins
GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
| |
|
06/23/2015
|
2 Bed
|
2 Bath
|
1313 ft²
|
$780,000
2 Bed
2 Bath
1313 ft²
|
$767,000
-1.67%
08/11/2015
|
Vinny MaNguyen
EXP Realty
| |
|
04/28/2015
|
2 Bed
|
2 Bath
|
1313 ft²
|
$780,000
2 Bed
2 Bath
1313 ft²
|
$900,000
+15.38%
05/11/2015
|
Sami Elabed
KW Advisors
| |
|
10/01/2014
|
1 Bed
|
1 Bath
|
797 ft²
|
$425,000
1 Bed
1 Bath
797 ft²
|
$467,000
+9.88%
10/30/2014
|
Barbara Reynolds
Golden Gate Sothebys Intl Rlty
| |
|
05/16/2014
|
1 Bed
|
1 Bath
|
833 ft²
|
$425,000
1 Bed
1 Bath
833 ft²
|
$460,000
+8.24%
06/20/2014
|
Leif Jenssen
RED OAK REALTY
| |
|
02/28/2014
|
2 Bed
|
2 Bath
|
995 ft²
|
$499,000
2 Bed
2 Bath
995 ft²
|
$550,000
+10.22%
03/18/2014
|
G. Julia Bivins
MCGUIRE REAL ESTATE
| |
|
09/06/2013
|
2 Bed
|
2 Bath
|
1372 ft²
|
$585,000
2 Bed
2 Bath
1372 ft²
|
$588,000
+0.51%
11/05/2013
|
Bill Boze
BHG HIGHLAND PARTNERS
|
Building Info
About Central Oakland
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Listed by: Michael Braillard, Corcoran Icon Properties
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 41120927
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 41120927
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