NOT LISTED FOR SALE

988 Franklin St Unit 1207 Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $258,000 - $310,000

1 Bed
1 Bath
626 Sq Ft
2.25 Acre Lot

Sale Details

Date Sold: April 4, 2025

Last sale price $295,000 $471 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,718 / mo

32 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to 12Th St Oakland City Center Station
  • Forced Air Heating System
  • Lincoln Elementary School Rated 9+
  • Contemporary Architecture
  • 3-minute walk to Lincoln Square Park

About This Home

As of April 2025

This light-filled, 12th-floor 1-bedroom unit is perfect for first-time buyers and investors. It has been freshly painted and has a city view. Pacific Renaissance is a commuter's haven located in the heart of Downtown Oakland with a WalkScore® of 100 “Walker's Paradise”, and BikeScoreTM and Transit scores are both 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

Last Agent to Sell the Property

Helen Kwong

Red Oak Realty License #01791410 Listed on: 01/23/2025

Red Oak Realty

Last Buyer's Agent

Leonardo Sullivan

Exp Realty Of California, Inc. License #02223960

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Lot Details

  • 2.25

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 12th floor

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, reserves, security/gate fee, trash, water/sewer
  • 200 Units
  • Pacific Renaissance Association, Phone Number (510) 251-6445
  • Chinatown Subdivision

Amenities

  • Laundry Facilities

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

2.25 Acres

HOA Fees

$771 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1993
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CHINATOWN
  • Directions: Broadwy to 9th St then Franklin
  • Architectural Style: Contemporary
  • Building Name: Pacific Renais
  • Carport Y N: No
  • Entry Level: 12
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Carpet
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Laminate Counters
  • Room Kitchen Features: Counter - Laminate, Dishwasher, Electric Range/Cooktop, Refrigerator

Exterior Features

  • Lot Features: No Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Other
  • Exterior Features: Unit Faces Street, No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Space Per Unit - 1, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Community Facility
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Laundry
  • Association Fee: 771
  • Association Fee Frequency: Monthly
  • Association Name: PACIFIC RENAISSANCE
  • Phone: 510-251-6445
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Management Fee, Reserves, Security/Gate Fee, Trash, Water/Sewer

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 200

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 10, 2025
Sold by
Daniel And Clara Lau Trust and Ho Kwok Leung
Bought by
Seller's Agent
Helen Kwong
Red Oak Realty
Buyer's Agent
Leonardo Sullivan
Exp Realty Of California, Inc.
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
22
Current Estimated Value
$282,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,929
Avg. Annual Appreciation
-3.11%
Original Mortgage
$286,150
Outstanding Balance
$282,378
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$307

Purchase Details

Closed on
Jun 11, 1997
Sold by
Lau Clara N and Lau Daniel S
Bought by
Lau Daniel S and Lau Clara N
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 Chicago Title
Lau Daniel S -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $286,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $295,000 -1.6% $471 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $299,900 -- $479 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,773 $300,900 $90,270 $210,630
2025 $4,569 $213,458 $64,120 $149,338
2024 $4,569 $209,273 $62,863 $146,410
2023 $4,690 $205,170 $61,631 $143,539
2022 $4,508 $201,147 $60,422 $140,725
2021 $4,197 $197,204 $59,238 $137,966
2020 $4,025 $195,183 $58,631 $136,552
2019 $3,799 $191,356 $57,481 $133,875
2018 $3,722 $187,605 $56,354 $131,251
2017 $3,551 $183,928 $55,250 $128,678
2016 $3,362 $180,321 $54,166 $126,155
2015 $3,342 $177,614 $53,353 $124,261
2014 $3,295 $174,135 $52,308 $121,827
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 41083359

bridgeMLS

APN: 002-0060-169-00

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