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988 Franklin Street

988 Franklin Street, Oakland, CA 94607
Condo in Chinatown
988 Franklin Street is a condo located in Chinatown, Oakland.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 58 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 37 days and tend to sell above the original asking price of $629,900 by 8.75%. Meaning, listings tend to sell at a median of $732 price per square foot. The transaction that took the longest to complete was unit 806, listed on Jan 29, 2019 for $629,900. This particular unit ultimately sold 37 days later for $685,000. The most recent transaction was for unit 308, sold for $405,000 on Nov 21, 2023. Fun fact, the oldest transaction we have on record took place on Dec 29, 1993. See the full transaction history for 988 Franklin Street below.

Chinatown, where 988 Franklin Street is located, has a median asking price of $599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $629,900. For interested buyers, that means the building's median asking price is around 0.28% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Garage Parking

Exterior

Concrete Exterior
Stucco Exterior
This property description is generated based on publicly available data.

16 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240308 Unit 705
03/08/2024
705
2 Bed
2 Bath
836 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
836 ft²
-
-
-
Dominic Tang
WINKLER REAL ESTATE GROUP
20231116 Unit 1201
11/16/2023
2 Bed
2 Bath
751 ft²
$499,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
751 ft²
-
-
-
Louis Wong
Compass
20230914 Unit 1007
09/14/2023
1 Bed
1 Bath
623 ft²
$349,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
623 ft²
-
-
-
Yankun Zhen
eXp Realty of California
20230803 Unit 433
08/03/2023
433
1 Bed
1 Bath
606 ft²
$188,888
bedrooms
1 Bed
bathrooms
1 Bath
square feet
606 ft²
-
-
-
Hui Kai Pi
Realty ONE Group Future
20230502 Unit 609
05/02/2023
609
1 Bed
1 Bath
615 ft²
$385,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
615 ft²
-
-
-
Christina Pineda
Keller Williams Realty Calabasas
20230210 Unit 1008
02/10/2023
2 Bed
2 Bath
922 ft²
$578,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
922 ft²
-
-
-
Matt Jones
Robert Jones & Assoc
20220908 Unit 408
09/08/2022
408
2 Bed
2 Bath
860 ft²
$499,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
860 ft²
-
-
-
Hui Kai Pi
Realty ONE Group Future
20220831 Unit 308
08/31/2022
308
2 Bed
2 Bath
860 ft²
$538,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
860 ft²
-
-
-
Terri Qian Wong
REALTY ONE GROUP FUTURE
20220429 Unit 311
04/29/2022
311
2 Bed
2 Bath
892 ft²
$599,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
892 ft²
-
-
-
Hui Kai Pi
Realty ONE Group Future
20220112 Unit 631
01/12/2022
631
1 Bed
1 Bath
588 ft²
$299,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
588 ft²
-
-
-
Hui Kai Pi
Realty ONE Group Future
20210925 Unit 606
09/25/2021
606
2 Bed
2 Bath
860 ft²
$550,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
860 ft²
-
-
-
Eunice Edwards
United Brokers Real Estate
20210811 Unit 1013
08/11/2021
2 Bed
2 Bath
889 ft²
$499,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
889 ft²
-
-
-
Hui Kai Pi
Realty ONE Group Future
20210301 Unit 606
03/01/2021
606
2 Bed
2 Bath
860 ft²
$578,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
860 ft²
-
-
-
-
20201112 Unit 1011
11/12/2020
1 Bed
1 Bath
615 ft²
$445,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
615 ft²
-
-
-
-
20190801 Unit 305
08/01/2019
305
2 Bed
2 Bath
1172 ft²
$789,888
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1172 ft²
-
-
-
-
20190129 Unit 806
01/29/2019
806
2 Bed
2 Bath
860 ft²
$629,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
860 ft²
$685,000 +8.75%
03/07/2019
Eva Do

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 98,093
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.252
  • Standard Land Use Code: Parking lot
  • Legal Description 1: TR: 5998 LOT: BLDG: UNIT:1 ;TR: 5998 LOT: BLDG: UNIT:10 ;TR: 5998 LOT: BLDG: UNIT:11

Ownership

  • Current Owner : MONTCLAIR ACQUISITION FUND LLC
  • Previous Owner : INTERNATIONAL HOTELIER MANAGEMENT CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 403000

Geography

  • Assessors Map Reference: 9-B5
  • Subdivision Tract Number: 5998
  • Parcel: Jan 01, 1970
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8009
  • Longitude: -122.271

    Address

  • Full Address: 988 Franklin St
  • Address - House Number: 988
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oakland
  • Carrier Code: C024
  • 4-Digit Zip Code: 4297
  • Zip Code: 94607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,142
  • Tax Rate Code Area: 17-022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,350,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Oct 24, 2017
  • First Open Lien Mortgage Loan Amount: $8,350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,485,227
  • Assessed Land Value: $445,568
  • Assessed Improvements Value: $1,039,659

    Sales

  • Current Sale Contract Date: Jan 02, 2008
  • Current Sale Recording Date: Jan 08, 2008
  • Current Sale Transaction ID: 1021480640
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2008005032

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jan 08, 2008
  • First Mortgage Loan Amount: $20,900,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Central Oakland



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Frequently Asked Questions

What neighborhood is 988 Franklin Street located in?
The 988 Franklin Street is a condo located in the neighborhood of Chinatown in Central Oakland, Oakland.
What is the average sales price for listings in 988 Franklin Street?
The average sales price for units in 988 Franklin Street is $629,900 , or $732/sqft. currently.

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