1 Lakeside Dr 1404, Oakland, California 94612, Oakland, 94612 - 2 bed, 2 bath

1 Lakeside Dr 1404
Oakland, California 94612
Property Price
SUMMARY
Analysis of 1 Lakeside Dr 1404, Oakland, California 94612 is currently available with a list price of $849,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2001, the property is well-maintained but retains its original kitchen cabinetry and white appliances, which are stylistically outdated. While the unit features recent cosmetic improvements such as fresh paint, new carpeting, and updated light fixtures, it has not undergone a major renovation of its primary systems or surfaces in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views
Positioned on the 14th floor, this unit offers breathtaking, unobstructed views of Lake Merritt, the downtown Oakland skyline, and the East Bay hills.
- Comprehensive Luxury Amenities
The Essex provides a premium lifestyle with 24-hour doorman security, a resort-style pool and spa, a modern gym, and professional business facilities.
- Prime Urban Location
Located in a highly walkable neighborhood, the property is steps away from Lake Merritt, Whole Foods, Trader Joe’s, and major transit hubs like BART.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $999 per month is relatively high and may impact the overall affordability and debt-to-income ratio for some buyers.
- Aging Infrastructure
Built in 2001, the building and unit may soon require more significant capital improvements or modernizations beyond cosmetic updates to remain competitive with newer luxury builds.
- Urban Noise Exposure
Given its central location near major thoroughfares, BART, and vibrant commercial zones, residents may experience higher levels of ambient city noise.
About 1 Lakeside Dr 1404
Welcome to The Essex on Lake Merritt, Oakland’s premier luxury high-rise. This 14th-floor, 2-bedroom, 2-bath condominium offers inspiring panoramic views of Lake Merritt, the downtown skyline, and the East Bay hills from the living room, kitchen, and primary bedroom. The 1,161 sq ft floorplan features an open living area, new carpets, new lighting, and fresh paint throughout. The primary suite enjoys sweeping lake views and an en-suite bath, while the second bedroom is ideal for guests or a home office. In-unit laundry adds convenience. The Essex provides 24-hour front desk security and doorman service, a resort-style pool and spa, a fully equipped gym, business center, conference room, and clubhouse. Two parking spaces in the gated garage are included. The building’s coveted Lakeside location is close to Whole Foods, Trader Joe’s, Lake Chalet, Grand Avenue and Lakeshore shops, the Farmers’ Market, museums, and countless restaurants and cafés. Commuting is effortless with BART, AC Transit, bike lanes, and nearby freeway access. Stroll the lakefront, enjoy the nationally protected bird sanctuary, and experience one of the most walkable and vibrant neighborhoods in Oakland. This is lakefront living at its finest. Views: Downtown
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2001
- Lot Size
- 42,966 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $999.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,161 | 1,318.5 | 33% |
| Lot Size | 42,966 | 22,683 | 72% |
| Price | $849.0K | $620.0K | 78% |
| Price per sq ft | $731 | $506 | 94% |
| Built year | 2001 | 1988 | 50% |
| HOA | $999.0 | $1.0K | 50% |
| Days on market | 103 | 185 | 17% |
Pricing History
Listed for Sale
Nov 24, 2025
$849,000
Initial Listing
Sold
Jun 28, 2005
$735,500
Public Record


































