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Condo sold for $766,000 in 65 days

Lake Merritt #51 1555 Lakeside Dr #51, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 2 beds 2 baths 1,209 sqft

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1555 Lakeside Dr is steps from Lake Merritt's shoreline and its multitude of recreational & cultural pastimes, while offering the many conveniences of urban living. Designed by Frank Lloyd Wright's apprentice, mid-century modern Lakeside Regency is ideally situated within walking distance to 3 BART stations, Downtown, Uptown, shopping, and dining. Unit 51 features a split-level floor plan with an open great room, WFH office alcove & 2 separate outdoor living spaces. There are no shortage of breathtaking views in this condominium, floor to ceiling sliding glass doors showcase a stunning panoramic scene of Lake Merritt from the spacious living/dining area, while a separate balcony accessible from both bedrooms overlooks the Oakland skyline. Building amenities include 24-hour doorman - secured entry & elevator, 1 dedicated parking space & storage locker, on-site laundry & clubhouse. High speed internet & cable TV are included in HOA fees.
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Details of Lake Merritt #51

1,209 sqft interior area
Property type
Condo
Interior area
1,209 sqft
View
Lake, Panoramic, City
Land area
22,682 sqft (0.52 acres)
Price per sqft
$633/sqft
Address
1555 Lakeside Dr #51, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
Lake Merritt
Year Built
1968
Previous price
$799,000
Sold price
$766,000
Association fees
$930
nr.of parking places
1
Floor Number
5
Solar
None
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612
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Open Houses

No upcoming open houses

Interior Features

6 rooms, 1 parking places
Beds
2
Baths
2
Floors
Laminate, Vinyl
Garage & Parking
Space Per Unit - 1, Below Building Parking
Unit features
Corner Unit, Elevator Building, End Unit, Live/Work Unit, Unit Faces Common Area, Unit Faces Street
Kitchen features
220 Volt Outlet, Breakfast Nook, Counter - Solid Surface, Dishwasher, Electric Range/Cooktop, Oven Built-in, Pantry, Refrigerator
Other rooms
Office, Great Room
Upper Level Features
2 Baths, 2 Bedrooms, Master Bedrm Suite - 1

Listed by

Brian Louie, Compass
Name
Brian Louie
License number
02054868
Brokerage company
Compass
MLS #
40920600

Buyer agent

Name
Soo Kim
Brokerage company
Balboa Real Estate

Payment calculator

Calculate your monthly payments
Mortgage
$2,352
Taxes
$0
HOA dues
$930
$3,282 per month
Mortgage
$153,200 / 20%
2.28%
30 years
Your amount $2,352 / month

Exterior Features

Concrete Block, Dual Pane Windows, Stucco construction and more
Construction
Concrete Block, Dual Pane Windows, Stucco
Yard
Other
Building information
Builder/Architect: Michel Marx
Pool
No

Lot details

TMK #863033
Lot Description
Lakefront
Parcel nr.
863033

Lake Merritt neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Lake Merritt

42%
Families with children
National average: 39%
50%
Non family households
364,979
Population
$115,095
Average Income

Age & gender

Median age 38 years
More info

Commute types

55% commute by car
More info

Education level

31% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

46% have 1 vehicle
More info

Vehicles by gender

46% have 1 vehicle
More info

Housing market insights for Lake Merritt #51

$1.17m
Neighborhood average
sales price*
$917.38k
Neighborhood median
sales price*
629
Number
of sales*

Housing type

33% are single detacheds
More info

Rooms

35% of the houses have 4 or 5 rooms
More info

Bedrooms

51% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are renters
More info
11.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Lake Merritt building info

Lake Merritt
Garage Door Opener
Intercom
Security Gate
Club House
Security Gate
Cable TV

Other details

Style
Mid Century Modern
Construction
Concrete Block, Dual Pane Windows, Stucco
Community Association
LAKESIDE REGENCY HOA

Schools

15 schools with rating up to 9
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
Elementary School
0.239mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
Middle School
0.302mi
8
out of 10
Oakland Charter High School
2433 Coolidge Avenue Oakland CA 94601, Oakland, CA 94607
High School
0.302mi
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
0.239mi
6
out of 10
American Indian Public Charter School
171 12th Street, Oakland, CA 94619
0.301mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.302mi
7
out of 10
Lincoln Elementary School
225 11th Street, Oakland, CA 94607
0.381mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.553mi
School rating Distance
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.302mi
9
out of 10
Downtown Charter Academy
301 12th Street, Oakland, CA 94607
0.397mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.553mi
7
out of 10
Oakland School for the Arts
530 18th Street, Oakland, CA 94612
0.58mi
NR
Young Adult Program
1000 Broadway, Oakland, CA 94607
0.58mi
School rating Distance
8
out of 10
Oakland Charter High School
2433 Coolidge Avenue Oakland CA 94601, Oakland, CA 94607
0.302mi
4
out of 10
Envision Academy For Arts & Technology
1515 Webster Street, Oakland, CA 94612
0.349mi
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
0.36mi
3
out of 10
Gateway To College at Laney College School
900 Fallon Street, Oakland, CA 94607
0.443mi
2
out of 10
Dewey Academy
1111 2nd Avenue, Oakland, CA 94606
0.507mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 4, 2020

Lake Merritt Median sales price 2020

Bedrooms Med. price % of listings
2 beds $766k 100%
Date Event Price $/sqft Source
Dec 4, 2020 Sold $766,000 633.58 Public Record
Dec 4, 2020 Price Decrease $766,000 -4.13% 633.58 MLS #40920600
Nov 18, 2020 Pending $799,000 660.88 MLS #40920600
Nov 3, 2020 Active - Contingent Remove $799,000 660.88 MLS #40920600
Oct 1, 2020 New Listing $799,000 660.88 MLS #40920600

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Frequently Asked Questions about Lake Merritt #51

What is Lake Merritt #51?

1555 Lakeside Dr #51, Oakland, CA, 94612 in the Lake Merritt condominium building. This is a 2 bathrooms and 2 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,209 sqft interior space. This condo is located on floor number 5 with unit number 51. It is located in the city of Oakland, California.

Does this condo have views?

This condo has Lake, Panoramic, City views.

Which year was this condo built?

This condo was build in 1968.

Which year was this property last sold?

This property was sold in 2020.

What is the full address of this Condo?

1555 Lakeside Dr #51, Oakland, CA, 94612.

Are grocery stores nearby?

The closest grocery stores are Nature's Best Food, 0.18 miles away and E & M Food Market, 0.35 miles away.

What is the neighborhood like?

The Lake Merritt neighborhood has a population of 364,979, and 42% of the families have children. The median age is 38.66 years and 55% commute by car. The most popular housing type is "single detached" and 63% is renter.

Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Dec 05, 2020
Verhouse Last checked 1 year ago

1555 Lakeside Dr #51, Oakland, CA, 94612 in the Lake Merritt condominium building. This is a 2 bathrooms and 2 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,209 sqft interior space with Lake,Panoramic,City views. This condo is located on floor number 5 with unit number 51. It is located in the city of Oakland, California.
The closest grocery stores are Nature's Best Food, 0.18 miles away and E & M Food Market, 0.35 miles away.
The Lake Merritt neighborhood has a population of 364,979, and 42% of the families have children. The median age is 38.66 years and 55% commute by car. The most popular housing type is "single detached" and 63% is renter.
Condo Sold $766k 1555 Lakeside Dr #51, Oakland, CA, 94612 2 beds / 2 baths / 1,209 sqft Save House Remove from Saved