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Condo sold for $645,000 in 69 days

The Essex On Lake Merritt #504 1 Lakeside Dr #504, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 1 bed 1 baths 917 sqft

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Live in luxury in one of the premier condo buildings in Oakland! Here’s the unit you’ve been waiting for: a spacious 1 bedroom, 1 bathroom, 917 sq.ft. corner unit with two walls made of glass featuring breathtaking views of both Downtown Oakland and Lake Merritt from every window. Located a few short blocks to Downtown shopping and dining, 0.5 mile to BART, and so much more. The building amenities include a 24-hour doorman, gym, pool, hot tub, club house, and other great amenities.
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Details of The Essex On Lake Merritt #504

917 sqft interior area
Property type
Condo
Interior area
917 sqft
Land area
42,966 sqft (0.99 acres)
Price per sqft
$703/sqft
Address
1 Lakeside Dr #504, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$645,000
Sold price
$645,000
Association fees
$795
nr.of parking places
1
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612

Open Houses

No upcoming open houses

Interior Features

2 rooms, 1 parking places
Beds
1
Baths
1
Floors
Hardwood Flrs Throughout, Carpet
Property Condition
Existing
Garage & Parking
Carport
Kitchen features
Updated Kitchen
Other rooms
Elevator, Updated Kitchen

Listed by

Kristina Solovieva, 1 Team Realtors
Name
Kristina Solovieva
License number
01800188
Brokerage company
1 Team Realtors
MLS #
40983408

Buyer agent

Name
Daniel Assadi
Brokerage company
Compass

Payment calculator

Calculate your monthly payments
Mortgage
$1,981
Taxes
$0
HOA dues
$795
$2,776 per month
Mortgage
$129,000 / 20%
2.28%
30 years
Your amount $1,981 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Pool
Pool/Spa Combo, Community
Yard
No Yard

Lot details

TMK #869714
Lot Description
Corner Lot
Parcel nr.
869714

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 #504

$1.17m
Neighborhood average
sales price*
$919.41k
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
Gated
Other

Other details

Style
Contemporary
Construction
Stucco
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 May 10, 2022

The Essex On Lake Merritt Median sales price 2024

Bedrooms Med. price % of listings
2 beds $850k 100%
Date Event Price $/sqft Source
May 10, 2022 Sold $645,000 703.38 Public Record
Mar 3, 2022 New Listing $645,000 703.38 MLS #40983408

Agent viewpoints of 1 Lakeside Dr #504, Oakland, CA, 94612

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Frequently Asked Questions about The Essex On Lake Merritt #504

What is The Essex On Lake Merritt #504?

1 Lakeside Dr #504, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 1 bathroom and 1 bedroom condo in the Lake Merritt neighborhood. This apartment has 917 sqft interior space. This condo with unit number 504. 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 #504, 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: May 11, 2022
Verhouse Last checked 6 minutes ago

1 Lakeside Dr #504, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 1 bathroom and 1 bedroom condo in the Lake Merritt neighborhood. This apartment has 917 sqft interior space with views. This condo with unit number 504. 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 $645k 1 Lakeside Dr #504, Oakland, CA, 94612 1 bed / 1 baths / 917 sqft Save House Remove from Saved