SOLD 04/26/2024
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Condo sold for $850,000 in 36 days
The Essex On Lake Merritt #503 1 Lakeside Dr #503, Oakland, CA, 94612
Neighborhood: Lake MerrittOff the market 2 beds 2 baths 1,232 sqft
This Stunning Corner unit comes with panoramic views of Lake Merritt, Oakland Hills and Downtown. Highly desirable 2-bedroom corner units are rarely on the market at The Essex. Enjoy this bright unit with its 2 bathrooms, breakfast bar and in-unit washer/dryer. Walk-in closet in the master bedroom. All appliances included. New paint and new carpet. 1 parking space in secured garage. HOA amenities: 24/7 lobby front desk; Pool; Sauna; Fitness Center; Library; Conference Room + more. Conveniently located near BART and public transportation. The Essex is a Luxurious & Sophisticated Condominium on the shores of Lake Merritt in Oakland. Enjoy the comforts of an urban vibe & effortless lifestyle - conveniently located by Lake Merrit’s natural surroundings and downtown Oakland’s dining and boutique shops.
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Details of The Essex On Lake Merritt #503
1,232 sqft interior area
Property type
Condo
Interior area
1,232 sqft
View
Lake, Panoramic
Price per sqft
$689/sqft
Address
1 Lakeside Dr #503, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$825,000
Sold price
$850,000
Association fees
$972
nr.of parking places
1
Neighborhood
Lake Merritt
District
Listing
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
3 rooms, 1 parking places
Beds
2
Baths
2
Floors
Laminate, Tile, Carpet
Property Condition
Existing
Garage & Parking
Below Building Parking, Garage Door Opener
Kitchen features
Breakfast Bar, Counter - Stone, Dishwasher, Garbage Disposal, Microwave
Other rooms
Elevator, No Additional Rooms, Breakfast Bar, Stone Counters
Listed by
Bach Nguyen, Jack London Square Realty
Name
Bach Nguyen
License number
01370753
Brokerage company
Jack London Square Realty
MLS #
41053635
Buyer agent
Name
Janette Licata
Brokerage company
Corcoran Icon Properties
Payment calculator
Calculate your monthly payments
Mortgage
$2,610
Taxes
$0
HOA dues
$972
Mortgage
$170,000 / 20%
2.28%
30 years
Your amount
$2,610 / month
Exterior Features
Stucco construction and more
Construction
Stucco
Pool
Above Ground, Spa, Other, Pool House, Community
Yard
Other
Lot details
TMK #869713
Lot Description
Other
Parcel nr.
869713
Lake Merritt neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
—
no data
People living in Lake Merritt
41%
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
54% 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 #503
$1.17m
Neighborhood average
sales price*
sales price*
$912.13k
Neighborhood median
sales price*
sales price*
640
Number
of sales*
of sales*
$600k
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
64% are renters
More info
11 condos sold in this Lake Merritt neighborhood over the last 6 months. View all sold Lake Merritt condos
17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
The Essex On Lake Merritt building info
The Essex On Lake Merritt
Clubhouse
Fitness Center
Pool
Gated
Other
Other details
Style
Contemporary
Construction
Stucco
Community Association
CALL LISTING AGENT
Price history
Sold Apr 26, 2024
The Essex On Lake Merritt Median sales price 2023
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 1 bed | $600k | 71.43% |
| 2 beds | $967.5k | 28.57% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 26, 2024 | Sold | $850,000 | 689.94 | Public Record |
| Apr 26, 2024 | Price Increase | $850,000 +3.03% | 689.94 | MLS #41053635 |
| Mar 30, 2024 | Pending | $825,000 | 669.64 | MLS #41053635 |
| Mar 22, 2024 | New Listing | $825,000 | 669.64 | MLS #41053635 |
Taxes of 1 Lakeside Dr #503, Oakland, CA, 94612
1004 zoning / MLS #41053635
Zoning
1004
Agent viewpoints of 1 Lakeside Dr #503, Oakland, CA, 94612
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Frequently Asked Questions about The Essex On Lake Merritt #503
What is The Essex On Lake Merritt #503?
1 Lakeside Dr #503, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 2 bathrooms and 2 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,232 sqft interior space. This condo with unit number 503. It is located in the city of Oakland, California.
Does this condo have views?
This condo has Lake, Panoramic views.
Which year was this condo built?
This condo was build in 2001.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Condo?
1 Lakeside Dr #503, 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, 0.38 miles away.
What is the neighborhood like?
The Lake Merritt neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.59 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.
Based on information from the bridgeMLS as of 04-28-2024. 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 28, 2024
Verhouse Last checked 9 minutes ago
The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.38 miles away.
The Lake Merritt neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.59 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.
