
Oakland, California 94612
This Stunning Move-In Ready Condominium is listed at $425,000, reflecting a stable price point near its $422,020 Fair Market Value. Featuring a Condition Rating of 3, the unit offers a turnkey lifestyle with hardwood flooring, stainless steel appliances, and a direct Lake Merritt view. Residents enjoy resort-style amenities including a pool, spa, and 24/7 lobby security. Its prime location near BART and downtown Oakland ensures high demand, making this an ideal sanctuary for urban professionals or first-time buyers seeking a sophisticated, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Lakeside Drive 410 Subject | $425,000* List Price | 1 | 1 | 740 | $570 | - |
A 630 Thomas L Berkley Way 803 Sold | $399,000 | 1 | 1 | 657 | $607 | 0.7 mi |
B 438 438 W Grand Ave 432 Sold | $415,000 | 1 | 1 | 722 | $575 | 0.6 mi |
C 630 Thomas L Berkley Way 822 Sold | $460,000 | 1 | 1 | 862 | $534 | 0.7 mi |
D 630 Thomas L Berkley Way 102 Sold | $335,000 | 1 | 1 | 614 | $546 | 0.7 mi |
E 2407 Telegraph Ave Unit 506 Pending | $475,000 List Price | 1 | 1 | 821 | $579 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001 (23 years old), the property falls slightly outside the 20-year window for 'Good' based on age alone, but the recent updates including new paint and stainless steel appliances, combined with well-maintained hardwood floors and move-in ready condition, elevate it from 'Fair'. The unit and building systems appear functional and well-kept.
Situated in the prestigious Essex building, the unit offers direct views of Lake Merritt and immediate access to downtown Oakland's dining, shopping, and BART.
Residents benefit from a full suite of high-end amenities, including 24/7 lobby security, a fitness center, pool, and spa, providing a resort-style living experience.
The condo features modern upgrades such as stainless steel appliances, hardwood flooring, and fresh paint, ensuring a move-in-ready transition for the new owner.
The $1,000 monthly association fee is significantly high for a one-bedroom unit, which may deter budget-conscious buyers and impact overall monthly affordability.
At 740 square feet, the interior space is relatively modest, which may be a limitation for buyers requiring more room for a home office or additional storage.
The Essex is a Luxurious & Sophisticated Condominium on the shores of Lake Merritt in Oakland. Enjoy the comforts of an urban vibe and effortless lifestyle - conveniently located by Lake Merritt’s natural surroundings and downtown Oakland’s dining and shops. This stunning 1-bedroom, 1-bathroom with hardwood flooring, carpet, bathroom tiles, stainless kitchen appliances, and new paint throughout. A large living space with direct curved balcony view of Lake Merritt. 1 parking space in a secured garage, HOA amenities: 24/7 lobby front desk; Pool; Spa; Fitness Center; Library; Conference Room + more. Conveniently located near BART and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 740 | 1,032 |
| Lot Size | - | 17,988 |
| Price | $425.0K | $523.2K |
| Price per sq ft | $574 | $487 |
| Built year | 2001 | 1975 |
| HOA | $1000.0 | $730 |
| Days on market | 16 | 53 |
Jul 6, 2026
$425,000
Initial Listing
Jul 11, 2014
$395,000
Public Record
Dec 27, 2004
$342,500
Public Record