
Oakland, California 94606
This Turnkey Mid-Century Condominium is a Prime Investment Opportunity, listed at $698,000—positioned well below the $716,443 Fair Market Value by 2%. This valuation gap offers $18,443 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with high-end renovations, the home offers unobstructed panoramic lake and city views. Located near Crocker Highlands Elementary (9/10), this residence provides a sophisticated lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2316 Lakeshore Ave 8 Subject | $698,000* List Price | 2 | 2 | 1,303 | $550 | - |
A 2324 Lakeshore Ave Sold | $830,000 | 2 | 2 | 1,574 | $527 | 0.0 mi |
B 322 Hanover Ave 513 Sold | $695,000 | 2 | 2 | 1,022 | $680 | 0.3 mi |
C 425 E 11th St 6 Active | $519,000 List Price | 2 | 2 | 1,265 | $410 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen is fully modernized with stainless steel appliances, quartz countertops, and contemporary fixtures. Both bathrooms have been completely updated with new tile work and hardware. The interior features mint-condition flooring, custom shelving, and updated lighting, requiring no maintenance.
Elementary School: Crocker Highlands Elementary School (9/10).
Situated at the coveted top of Lake Merritt, this residence offers exceptional, unobstructed views of the water and the downtown skyline through expansive floor-to-ceiling glass.
The interior features high-end updates including a contemporary kitchen with open shelving, renovated bathrooms, and custom built-ins that seamlessly blend modern luxury with mid-century charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1303, other record living area = 31891.
The association fee is $799 per month, which represents a significant recurring expense that may impact overall affordability for budget-conscious buyers.
While some nearby elementary schools are highly rated, several assigned middle and high schools in the district have lower performance scores, which may be a concern for families.
This stylish mid-century residence commands one of the most coveted positions on Lake Merritt. The living room and dining area open to the balcony, where broad planes of glass frame tranquil lake views and flood the space with natural light. The kitchen has been updated with open shelving, flush mount lights, and contemporary fixtures and appliances. Both bathrooms have been updated and the primary en-suite has an oversized closet with custom doors. Custom shelving and entertainment center. Every detail of this home has been considered and enhanced. A rare offering at the very top of the lake. Views: Downtown
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,303 | 952.848 |
| Lot Size | 20,719 | 16,731.21 |
| Price | $698.0K | $488.1K |
| Price per sq ft | $536 | $502 |
| Built year | 1962 | 1991 |
| HOA | $799.0 | $683 |
| Days on market | 31 | 60 |
Aug 9, 2026
$698,000
Initial Listing