1438 Lakeshore Ave, Oakland, California 94606, Oakland, 94606 - 1 bed, 1 bath
1438 Lakeshore Ave
Oakland, California 94606
Property Price
SUMMARY
Analysis of 1438 Lakeshore Ave, Oakland, California 94606 is currently available with a list price of $425,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready condition and well-maintained for its age. It features original hardwood flooring in excellent shape, newer dual-pane windows, and updated stainless steel kitchen appliances. While the kitchen cabinetry and sink are older styles, they are clean and functional, and the overall unit shows minimal wear and tear with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Prime Lakefront Location
Situated directly on Lake Merritt in a beautiful Art Deco building, offering immediate access to Oakland's premier recreational destination.
- Rare Private Parking
The inclusion of a private garage is a significant value-add and a rare convenience for a condominium in this high-density urban area.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The lack of in-unit laundry requires residents to use a communal facility in the basement, which may be a drawback for some buyers.
- Compact Living Space
At 687 square feet, the one-bedroom layout offers limited space for those requiring a home office or significant storage.
- Mixed School Ratings
While some local elementary schools are highly rated, several nearby middle and high schools have lower performance scores, which may impact long-term resale value.
About 1438 Lakeshore Ave
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1933
- Lot Size
- 5,740 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $475.0 / Month
Neighborhood Insights
Oakland Unified Schools
Lincoln Elementary School
Grades K-5 • 0.6 mi
Franklin Elementary School
Grades K-5 • 0.6 mi
Cleveland Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 687 | 1,084 | 25% |
| Lot Size | 5,740 | 22,614 | 25% |
| Price | $425.0K | $450.0K | 50% |
| Price per sq ft | $619 | $468 | 75% |
| Built year | 1933 | 1967 | 25% |
| HOA | $475.0 | $578 | 25% |
| Days on market | 323 | 236 | 75% |
Pricing History
Listed for Sale
Sep 16, 2025
$425,000
Initial Listing
Price Change
Apr 18, 2025
$448,000
Initial Listing