1425 Lakeside Drive 101, Oakland, California 94612, Oakland, 94612 - 2 bed, 1 bath

1425 Lakeside Drive 101, Oakland, California 94612 home-pic-0
ACTIVE$599,000
1425 Lakeside Drive 101, Oakland, California 94612
2Beds
1Bath
999Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Lakefront Location & Views: This end unit boasts direct Lake Merritt frontage with an all-glass front, offering beautiful views of the water and the historic Camron-Stanford Mansion, enhancing its desirability and value.
Top Cons:
High Monthly Association Fee: The substantial monthly association fee of $691.00 adds significantly to the overall cost of ownership and may impact affordability for some buyers.

Compared to the nearby listings

Price:$599.0K vs avg $590.0K (+$9,000)53%
Size:999 sqft vs avg 1,075 sqft41%
Price/sqft:$600 vs avg $52276%

More Insights

Built in 1959 (66 years old).
Condition: This condo, built in 1959, presents as move-in ready with no immediate renovations required. The kitchen has been extensively updated with modern white cabinetry, quartz countertops, and stainless steel appliances, aligning with current quality standards. The living areas feature contemporary dark bamboo flooring and updated lighting. The bathroom is clean and functional with a traditional-style vanity and modern fixtures. While the building is older, recent structural renovations (balconies/railings) and the unit's interior updates suggest a renovation within the last 5-15 years, fitting the 'Good' criteria. Minor details like the exposed wiring for a bedroom light fixture prevent an 'Excellent' rating, but overall, the property is well-maintained and updated.
Year Built
1959
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$600
HOA
$691
Days on market
-
Sold On
-
MLS number
41112586
Home ConditionGood
Features
Excellent View: Lake
Deck
Pool
ViewLake

About this home

Great opportunity in Lakeview Terrace, a classic mid-century modern building! Lovely 2 bedroom condo on Lake Merritt featuring a beautiful view of water and the historic Camron-Stanford Mansion! This delightful end unit has an updated kitchen complete with a quartz countertop, stainless steel appliances, and abundant cabinet space. There is a large open-concept living room/dining room with bamboo floors. This unit is one of the few east-facing, with an all-glass front, directly facing Lake Merritt. There is updated lighting, ample closet space, and deeded 1-car parking. The building has a pool, an elevator, and a shared app-controlled laundry room. Conveniently located near dining, shopping, farmer's markets, downtown, the Oakland main library, and is across the street from the Lake Chalet restaurant. The condo is also close to the Lake Merritt BART station and has easy freeway access. This building has recently undergone a huge renovation to bring decks and balconies up to the new California requirements (SB 326), and this unit has a new balcony and railings. Must see!

Nearby schools

8/10
Lincoln Elementary School
Public,K-50.3mi
2/10
Martin Luther King, Jr. Elementary School
Public,PK-31.1mi
1/10
Lafayette Elementary School
Public,2-51.2mi
3/10
La Escuelita Elementary School
Public,K-80.5mi
2/10
Westlake Middle School
Public,6-80.9mi
3/10
West Oakland Middle School
Public,6-81.2mi
3/10
Mcclymonds High School
Public,9-121.4mi
4/10
Oakland High School
Public,9-121.5mi
7/10
Oakland Technical High School
Public,9-122.1mi
2/10
Oakland International High School
Public,9-122.2mi
2/10
Fremont High
Public,9-123.5mi
Condition Rating
Good

This condo, built in 1959, presents as move-in ready with no immediate renovations required. The kitchen has been extensively updated with modern white cabinetry, quartz countertops, and stainless steel appliances, aligning with current quality standards. The living areas feature contemporary dark bamboo flooring and updated lighting. The bathroom is clean and functional with a traditional-style vanity and modern fixtures. While the building is older, recent structural renovations (balconies/railings) and the unit's interior updates suggest a renovation within the last 5-15 years, fitting the 'Good' criteria. Minor details like the exposed wiring for a bedroom light fixture prevent an 'Excellent' rating, but overall, the property is well-maintained and updated.
Pros & Cons

Pros

Exceptional Lakefront Location & Views: This end unit boasts direct Lake Merritt frontage with an all-glass front, offering beautiful views of the water and the historic Camron-Stanford Mansion, enhancing its desirability and value.
Modernized Interior Finishes: The condo features an updated kitchen with quartz countertops and stainless steel appliances, bamboo flooring in the living/dining area, and updated lighting, providing a move-in ready modern aesthetic.
Comprehensive Building Amenities: Residents benefit from desirable building amenities including a swimming pool, elevator access, and a convenient app-controlled shared laundry room.
Significant Building Renovation: The building has undergone a major renovation to comply with new California requirements (SB 326), including new balconies and railings, indicating proactive maintenance and structural integrity.
Outstanding Walkability & Transit Access: Conveniently located near dining, shopping, farmer's markets, downtown, the Oakland main library, Lake Merritt BART station, and easy freeway access, offering excellent urban connectivity.

Cons

High Monthly Association Fee: The substantial monthly association fee of $691.00 adds significantly to the overall cost of ownership and may impact affordability for some buyers.
Shared Laundry Facilities: The property utilizes a shared, app-controlled laundry room rather than in-unit laundry, which may be a less convenient option for some prospective buyers.
Building Age: Constructed in 1959, the mid-century building, despite recent balcony renovations, may still have older underlying infrastructure that could require future maintenance or assessments.

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