1438 Lakeshore Ave, Oakland, California 94606, Oakland, 94606 - 1 bed, 1 bath

1438 Lakeshore Ave, Oakland, California 94606 home-pic-0
ACTIVE$425,000
1438 Lakeshore Ave, Oakland, California 94606
1Bed
1Bath
687Sqft
5,740Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Situated directly on Lake Merritt, offering immediate access to recreational activities, highly walkable to cultural attractions like the Oakland Museum, and provides easy public transit to San Francisco.
Top Cons:
High Monthly HOA Dues: The association fee of $475.0 per month is substantial for a one-bedroom unit, impacting overall affordability and monthly expenses.

Compared to the nearby listings

Price:$425.0K vs avg $437.0K ($-12,000)50%
Size:687 sqft vs avg 1,074 sqft25%
Price/sqft:$619 vs avg $40275%

More Insights

Built in 1933 (92 years old).
Condition: Built in 1933, this Art Deco condo features lovely natural wood floors and newer dual-pane windows, which are positive updates. However, the bathroom is distinctly outdated with its classic mosaic floor tile, subway tile surround, and pedestal sink, though it appears clean and functional. Crucially, no images of the kitchen are provided, but given the bathroom's condition and the building's age, it's highly probable the kitchen is also dated and would require updating to meet modern standards. The property is well-maintained and livable, but key areas need aesthetic and functional updates, aligning with the 'fair' condition criteria.
Year Built
1933
Close
-
List price
$425K
Original List price
$448K
Price/Sqft
$619
HOA
$475
Days on market
-
Sold On
-
MLS number
41093846
Home ConditionFair
Features
Good View:
View-

About this home

Adorable, sun-filled, one bedroom Condo in a beautiful Art Deco building right on Lake Merritt! The Condo is very bright and quiet as it is located on the south facing side of the building on the second floor, but the lake is just steps away for owners to enjoy whenever they want! You even have a peek-a-boo view of the lake from the bedroom! This Condo features a large kitchen, a living/dining room combo and a spacious bedroom, all with lovely natural wood floors, and there are newer dual pane windows as well! It also comes with it's own garage, which is located in the back of the building, and there is a no fee community laundry facility in the basement! With easy access to public transit to SF and elsewhere, along with being highly walkable to spots such as the Oakland Museum and the Kaiser Center for the Arts, this might just be your perfect Pied A Terre!

Nearby schools

8/10
Lincoln Elementary School
Public,K-50.6mi
3/10
Franklin Elementary School
Public,K-50.6mi
7/10
Cleveland Elementary School
Public,K-50.8mi
4/10
Bella Vista Elementary School
Public,K-51.1mi
3/10
Garfield Elementary School
Public,K-51.5mi
9/10
Crocker Highlands Elementary School
Public,K-51.8mi
3/10
Manzanita Seed
Public,K-51.9mi
3/10
International Community School
Public,K-52.0mi
5/10
Think College Now School
Public,K-52.0mi
2/10
Piedmont Avenue Elementary School
Public,K-52.1mi
5/10
Glenview Elementary School
Public,K-52.1mi
6/10
Henry Haight Elementary School
Public,K-52.1mi
3/10
La Escuelita Elementary School
Public,K-80.3mi
2/10
Westlake Middle School
Public,6-81.0mi
4/10
Roosevelt Middle School
Public,6-81.2mi
6/10
Edna Brewer Middle School
Public,6-81.5mi
4/10
Urban Promise Academy
Public,6-82.1mi
3/10
United For Success Academy
Public,6-82.4mi
5/10
Will C. Wood Middle School
Public,6-82.5mi
2/10
Bret Harte Middle School
Public,6-92.7mi
4/10
Oakland High School
Public,9-121.2mi
7/10
Oakland Technical High School
Public,9-122.2mi
2/10
Oakland International High School
Public,9-122.3mi
7/10
Encinal Junior/Senior High
Public,6-122.6mi
2/10
Fremont High
Public,9-123.1mi
4/10
Skyline High School
Public,9-125.1mi
Condition Rating
Fair

Built in 1933, this Art Deco condo features lovely natural wood floors and newer dual-pane windows, which are positive updates. However, the bathroom is distinctly outdated with its classic mosaic floor tile, subway tile surround, and pedestal sink, though it appears clean and functional. Crucially, no images of the kitchen are provided, but given the bathroom's condition and the building's age, it's highly probable the kitchen is also dated and would require updating to meet modern standards. The property is well-maintained and livable, but key areas need aesthetic and functional updates, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Exceptional Location: Situated directly on Lake Merritt, offering immediate access to recreational activities, highly walkable to cultural attractions like the Oakland Museum, and provides easy public transit to San Francisco.
Historic Art Deco Charm: Located in a beautiful Art Deco building from 1933, providing unique architectural character and a sense of history.
Dedicated Garage Parking: Includes its own private garage, a valuable and sought-after amenity in an urban environment.
Updated Interior Features: Boasts lovely natural wood floors throughout and newer dual-pane windows, enhancing comfort, energy efficiency, and aesthetic appeal.
Natural Light & Quiet: Positioned on the south-facing side of the building, ensuring abundant natural light and a quiet living environment.

Cons

High Monthly HOA Dues: The association fee of $475.0 per month is substantial for a one-bedroom unit, impacting overall affordability and monthly expenses.
Compact Living Space: At 687 sqft with one bedroom, the unit offers limited living space, potentially restricting its appeal to singles or couples without extensive space requirements.
Recent Price Reduction: The property has undergone a price reduction from $448,000 to $425,000, which could suggest initial overpricing or a need to stimulate buyer interest.

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