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Condo sold for $530,000 in 17 days

The Essex On Lake Merritt #1408 1 Lakeside Dr #1408, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 1 baths 641 sqft

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Living is different by the lake! Come see this incredible studio unit, located in the heart of one of Oakland’s most desirable vibrant neighborhoods. Boasting an unbelievable view of Lake Merritt, this freshly painted unit is the perfect home base for the East Bay urbanite with an active lifestyle. Located just a few blocks from BART, the unit features highly sought-after in-unit laundry, wide plank hardwood floors that glow in the daylight, stainless steel appliances, and did I mention the view? In addition to the included parking space, HOA dues also cover an in-building gym, a great pool to cool off in on warm East Bay days, a business center, and 24-hr concierge services. This gorgeous unit, with its supreme proximity to all things cool in Oakland and its jaw-dropping vista, is a true gem!
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Details of The Essex On Lake Merritt #1408

641 sqft interior area
Property type
Condo
Interior area
641 sqft
Land area
42,966 sqft (0.99 acres)
Price per sqft
$826/sqft
Address
1 Lakeside Dr #1408, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$495,000
Sold price
$530,000
Association fees
$734
nr.of parking places
1
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612

Open Houses

No upcoming open houses

Interior Features

1 rooms, 1 parking places
Baths
1
Floors
Wood
Property Condition
Existing
Garage & Parking
Covered
Kitchen features
Dishwasher, Refrigerator
Other rooms
Elevator

Listed by

Erin Chan-adams, RED OAK REALTY
Name
Erin Chan-adams
License number
01981522
Brokerage company
RED OAK REALTY
MLS #
40987716

Buyer agent

Name
Ya Hsuan Yuan
Brokerage company
eXp Realty of California

Payment calculator

Calculate your monthly payments
Mortgage
$1,628
Taxes
$0
HOA dues
$734
$2,362 per month
Mortgage
$106,000 / 20%
2.28%
30 years
Your amount $1,628 / month

Exterior Features

Other construction and more
Construction
Other
Pool
Private
Yard
No Yard

Lot details

TMK #87058
Lot Description
Other
Parcel nr.
87058

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%
51%
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 The Essex On Lake Merritt #1408

$1.17m
Neighborhood average
sales price*
$917.38k
Neighborhood median
sales price*
632
Number
of sales*
$725k
Median sale price The Essex On Lake Merritt*

Housing type

33% are single detacheds
More info

Rooms

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

Bedrooms

50% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are renters
More info
17.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

The Essex On Lake Merritt building info

The Essex On Lake Merritt
Fitness Center
Pool
None

Other details

Style
Modern/High Tech
Construction
Other
Community Association
The Essex on Lake Merritt

Schools

15 schools with rating up to 9
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
Elementary School
0.282mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
Middle School
0.364mi
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
High School
0.33mi
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
0.282mi
6
out of 10
American Indian Public Charter School
171 12th Street, Oakland, CA 94619
0.363mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.364mi
7
out of 10
Lincoln Elementary School
225 11th Street, Oakland, CA 94607
0.439mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.49mi
School rating Distance
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.364mi
9
out of 10
Downtown Charter Academy
301 12th Street, Oakland, CA 94607
0.442mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.49mi
7
out of 10
Oakland School for the Arts
530 18th Street, Oakland, CA 94612
0.569mi
NR
St. Andrew Missionary Baptist
P.O. Box 70378, Oakland, CA 94612
0.579mi
School rating Distance
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
0.33mi
8
out of 10
Oakland Charter High School
2433 Coolidge Avenue Oakland CA 94601, Oakland, CA 94607
0.364mi
4
out of 10
Envision Academy For Arts & Technology
1515 Webster Street, Oakland, CA 94612
0.365mi
3
out of 10
Gateway To College at Laney College School
900 Fallon Street, Oakland, CA 94607
0.507mi
2
out of 10
Dewey Academy
1111 2nd Avenue, Oakland, CA 94606
0.554mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Apr 22, 2022

The Essex On Lake Merritt Median sales price 2024

Bedrooms Med. price % of listings
2 beds $850k 100%
Date Event Price $/sqft Source
Apr 22, 2022 Sold $530,000 826.83 Public Record
Apr 22, 2022 Price Increase $530,000 +7.07% 826.83 MLS #40987716
Apr 13, 2022 Pending $495,000 772.23 MLS #40987716
Apr 6, 2022 New Listing $495,000 772.23 MLS #40987716

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Frequently Asked Questions about The Essex On Lake Merritt #1408

What is The Essex On Lake Merritt #1408?

1 Lakeside Dr #1408, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 1 bathroom condo in the Lake Merritt neighborhood. This apartment has 641 sqft interior space. This condo with unit number 1408. It is located in the city of Oakland, California.

Does this condo have views?

No, it isn't.

Which year was this condo built?

This condo was build in 2001.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Condo?

1 Lakeside Dr #1408, Oakland, CA, 94612.

Are grocery stores nearby?

The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.39 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 38.59 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 05-19-2024. 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: Apr 23, 2022
Verhouse Last checked 11 minutes ago

1 Lakeside Dr #1408, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 1 bathroom condo in the Lake Merritt neighborhood. This apartment has 641 sqft interior space with views. This condo with unit number 1408. It is located in the city of Oakland, California.
The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.39 miles away.
The Lake Merritt neighborhood has a population of 364,979, and 42% of the families have children. The median age is 38.59 years and 55% commute by car. The most popular housing type is "single detached" and 63% is renter.
Condo Sold $530k 1 Lakeside Dr #1408, Oakland, CA, 94612 1 baths / 641 sqft Save House Remove from Saved