Listing provided courtesy of Eymon Binesh of Marcus & Millichap. Last updated 2024-11-24 09:58:35.000000. Listing information © 2024 Sandicor.

Log in to save favorites

Asking Price: $4,488,000

1525 Lakeside, Oakland CA 94612

Community: 699 - Not Defined

This property was built in 1910 and is priced at $4,488,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: ML81980185
Type:
Year Built: 1910

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.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

Useful Links

Contact Me

Sotheby's International Realty® is a registered trademark licensed to Sotheby's International Realty Affiliates llc. an equal opportunity company. equal housing opportunity.
Each office is independently owned and operated. DRE# 01213323.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. before making any other decision, you should personally investigate the facts (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the internet data exchange (idx) service provided by sandicor®. displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. compilation © 2017 Sandicor®, inc.