1525 Lakeside DR, Oakland, CA 94612
- $3,915,000
- 17,872
- SqFt
Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: Adam S. Levin from Marcus & Millichap
Sold listing courtesy of Eymon Binesh from M&MKW
- Sold Price
- $3,915,000
- List Price
- $4,488,000
- Closing Date
- Dec 23, 2024
- MLS#
- ML81980185
- Status
- SOLD
- Sqft. of Residence
- 17,872
- Lot Size
- 12,800
- Listing Area
- Oakland Zip Code 94612
- Year Built
- 1910
Property Description
Marcus & Millichap is pleased to present the prestigious 1525 Lakeside Drive, recognized by many as one of the most iconic properties on Lake Merritt in the heart of Oakland, California. This asset has been cared for by the same family for nearly 40 years. The property features spacious two-bedroom, one-bedroom, and studio floor-plans. Residents at 1525 Lakeside Drive enjoy amenities including off-street covered parking, on-site laundry, and beautiful lake views. The building has recently gone through substantial capital improvements, with many of the units featuring LVT flooring, updated kitchens, and newer bathrooms. The brick facade has been reinforced, and the building has recently been deemed exempt from Oaklands Soft Story Ordinance. This building qualifies for excellent financing and boasts a 6.00% CAP rate on current metrics, with upside trending to an 8.00% CAP.
/u.realgeeks.media/sanjoserealestatepro/Header_Logo-min.png){kind=logo}
Additional Information
- Acres
- 0.29
- Age
- 114
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Laminate, Tile
- Foundation
- Concrete Slab
- Garage Parking
- Covered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated, Washer / Dryer
- Living Area
- 17,872
- Lot Size
- 12,800
- Neighborhood
- Oakland Zip Code 94612
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- CBD-R
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved