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8 beautiful Oakland homes for sale for under $500K

The median asking price in Oakland is $649,000

2942 MacArthur Boulevard is a single-family home asking $499K
Courtesy Jackie Care of Pacific Union International

Let’s start with the facts.

Two hundred and eighty-three homes have been sold in Oakland in the last 30 days. That includes condos, single-family homes, short sales, and everything in between. The median list price is $649,000, though the median sold is $700,000. That means that homes are selling for 11.4 percent more than the asking price. There’s also an average of 6.9 offers on each property, though that’s skewed because there are some properties that received dozens of offers and plenty of properties that only received two or three.

It’s also worth mentioning that the asking price for homes in Oakland has increased nearly 10 percent since June of last year, while the number of homes available for sale has decreased more than 10 percent.

That said, Oakland’s a big place with a lot of land, and there are still plenty of great homes for sale for a reasonable price. Below you’ll find a selection of properties in Oakland that are fabulous and under $500,000.

Courtesy Bill Charman of Gimme Shelter/Compass
Courtesy Bill Charman of Gimme Shelter/Compass
Courtesy Bill Charman of Gimme Shelter/Compass
Courtesy Bill Charman of Gimme Shelter/Compass
Courtesy Bill Charman of Gimme Shelter/Compass

2610 Highland Avenue

Price: $495,000

This circa-1906 three-bedroom home in the incredibly charming Highland Terrace neighborhood clocks in at 1,200 square feet and has one bathroom. It’s a fairly traditional craftsman—there’s a large sitting porch in the front and architectural highlights inside, like a plethora of built-in cabinetry, boxed ceiling in the dining room, and what appears to be a nonworking but beautiful fireplace. There’s also a well-kept backyard with a very large covered patio. The address has a Walk Score of 73.

Courtesy Kenny Truong of Climb Real Estate
Courtesy Kenny Truong of Climb Real Estate
Courtesy Kenny Truong of Climb Real Estate
Courtesy Kenny Truong of Climb Real Estate

1451 13th Street, #1

Price: $425,000

Located in the Center Street Lofts in West Oakland, this airy and bight loft has one bedroom and a full bathroom upstairs with a half bathroom on the main level. Square footage is just under 900. The loft’s been remodeled—the floors are polished concrete (while the bedroom is carpeted) and the kitchen is sleek. An interesting observation: There are no wall windows, only a generous amount of skylights. HOA dues are $262 per month, and there’s assigned parking. The Walk Score is 82.

Courtesy Kiera Condrey for Michele Senitzer
Courtesy Kiera Condrey for Michele Senitzer
Courtesy Kiera Condrey for Michele Senitzer
Courtesy Kiera Condrey for Michele Senitzer
Courtesy Kiera Condrey for Michele Senitzer

3422 68th Avenue

Price: $475,000

If you want the most bang for your buck, this home in Millmont is your best bet. It has three bedrooms, two bathrooms, and over 1,200 square feet. In the backyard you’ll find a cottage complete with its own kitchen, as well as a garage that’s been converted into a studio or office. The location has a Walk Score of 76.

Courtesy Peter Lyons and Jennifer Coudron for Cherie Carson
Courtesy Peter Lyons for Cherie Carson
Courtesy Peter Lyons for Cherie Carson

424 Avon Street, #3

Price: $400,000

Located on a tree-lined street in Lower Rockridge, this one-bedroom home with one bathroom comes in at a cozy 530 square feet. It’s one of four condos in the four-unit building, and has shared access to a laundry room, a garden with eight fruit trees, and a shed for storage. Inside the condo there are butcher block countertops and stainless steel appliances in the kitchen. There’s also a partially finished attic for extra storage. It has a Walk Score of 92.

Courtesy Jackie Care of Pacific Union International
Courtesy Jackie Care of Pacific Union International
Courtesy Jackie Care of Pacific Union International
Courtesy Jackie Care of Pacific Union International
Courtesy Jackie Care of Pacific Union International

2942 MacArthur Boulevard

Price: $499,000

Nestled into the hilly part of MacArthur between the Dimond and Laurel districts sits this Spanish-style home. Roomy at just under 1,200 square feet, the abode has two bedrooms and two bathrooms, plus a detached garage. There’s also a pretty large backyard that’s mostly concrete (with a generously sized covered sitting area). It has a Walk Score of 80.

Courtesy Cathryn Heilig of Climb
Courtesy Cathryn Heilig of Climb
Courtesy Cathryn Heilig of Climb
Courtesy Cathryn Heilig of Climb

1428 Madison Street, #107

Price: $379,000

This is a great location if you plan to live in Oakland without a car (it’s so doable). It’s got a Walk Score of 99 and is just over six blocks from the nearest BART station. It’s also a mere block from Lake Merritt and all the surrounding attractions. The one-bedroom, one-bathroom condo is located in a gated complex. Amenities include a courtyard and an outdoor pool. HOA dues are $348 per month.

Courtesy Jen Montague Clark of The Home Co.
Courtesy Jen Montague Clark of The Home Co.
Courtesy Jen Montague Clark of The Home Co.

288 Whitmore Street, #329

Price: $395,000

What we like about this condo is the extra mile the current owner went to customize the design of the space. The overarching theme was a modern farmhouse, and the Home Co. design team nailed it. From the wide-plank flooring in the main living area to small details like the barn lighting and stone countertops in the kitchen, the place looks and feels like a really nice place to call home. It clocks in at 695 square feet and has one bedroom and one bathroom. HOA dues are $323 per month, and building amenities include garage parking, a gym, and a pool. The location has a Walk Score of 92.

Courtesy Peter Lyons for Izumi Tada
Courtesy Peter Lyons for Izumi Tada
Courtesy Peter Lyons for Izumi Tada
Courtesy Peter Lyons for Izumi Tada
Courtesy Peter Lyons for Izumi Tada

3750 Suter Street

Price: $448,000

Located in the Allendale neighborhood, this home is just across the 580 freeway from the Laurel District. There’s hardwood flooring throughout and a landscaped backyard. The two-bedroom, two-bathroom, 716-square-foot cottage just landed on the market. It has a Walk Score of 83.