Lakeside, Oakland, CA 94612
OFF MARKET

Lakeside
Oakland, CA 94612

San Pablo Gateway
  • 3 Beds
  • 3 Baths
  • 17,872 sqft (on 0.29 acres)

$3,777,400

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $22,996/mo*
Refinance Your Home

$3,777,400

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $22,996/mo*
Refinance Your Home
3 Beds
3 Baths
17,872 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around Lakeside.
  • Schools3 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

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.
Lakeside, Oakland, CA 94612 is a 3 bedroom, 3 bathroom, 17,872 sqft multi-family in San Pablo Gateway, built in 1910. It last sold for $3,915,000 on Dec 23, 2024 (13% below the $4,488,000 asking price). It is currently off market. The Trulia Estimate is $3,777,400, with a rent estimate of $3,001/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for Lakeside

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Dimensions and Layout
Living Area: 17872 Square Feet
Appliances & Utilities
Utilities: Water PublicAppliances: Washer/DryerLaundry: Coin Operated
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHeating Fuel: Wall Furnace
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Door: NoneFlooring: Laminate, Tile
Levels, Entrance, & Accessibility
Accessibility: NoneFloors: Laminate, Tile

Exterior Features

Exterior Home Features
Roof: FlatFoundation: Slab
Parking & Garage
Number of Garage Spaces: 16Number of Covered Spaces: 16Has a CarportHas a GarageParking Spaces: 16Parking: Covered

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Parcel Number: 86309

Price & Status

Price
List Price: $4,488,000

Location

Direction & Address
City: Oakland
School Information
Elementary School District: OaklandUnifiedHigh School District: OaklandUnified

Building

Building Area
Building Area: 17872

Community

Units in Building: 21

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML81980185
Last check for updates: about 9 hours ago
Listed by Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Adam S. Levin 01462752, (650) 492-0934
(650) 391-1700
Bought with: Eymon Binesh 02060059, (650) 546-1030, Marcus & Millichap, (650) 391-1700
Source: MLSListings Inc, MLS#ML81980185

Price History for Lakeside

DatePriceEventSource
12/23/2024$3,915,000Sold
MLSListings Inc #ML81980185
11/23/2024$4,488,000PendingMLSListings Inc #ML81980185
11/19/2024$4,488,000ContingentMLSListings Inc #ML81980185
10/07/2024$4,488,000PriceChange
MLSListings Inc #ML81980185
09/12/2024$5,280,000Listed For SaleMLSListings Inc #ML81980185

Market trends in Oakland

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$863K
$63.33KMoM
Sale-to-List Price
108.5%
1.7%MoM
Price per sq ft
$575
$13MoM
Available listings
769
13MoM
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Comparable Sales for Lakeside

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
Madison, Oakland, CA
0.00
Multi-Family Home
$2,600,000
08/08/25
1
2
10,437
Vernon St, Oakland, CA
0.72
Multi-Family Home
$2,185,000
12/12/25
5
4
7,582
660 24th St, Oakland, CA
0.35
Multi-Family Home
$690,000
08/18/25
5
3
2,646
Grand Ave, Oakland, CA
0.94
Multi-Family Home
$2,750,000
01/20/26
6
4
9,482
2338 Waverly St, Oakland, CA
0.40
Multi-Family Home
$485,000
05/29/26
3
2
1,654
534 25th St, Oakland, CA
0.31
Multi-Family Home
$406,500
05/19/26
6
3
2,078
2834 Summit St, Oakland, CA
0.56
Multi-Family Home
$815,000
03/27/26
4
3
2,070
3869 Martin Luther King Jr Way, Oakland, CA
0.41
Multi-Family Home
$925,000
01/07/26
7
2
2,697
2941 Harrison St, Oakland, CA
0.76
Multi-Family Home
$1,330,000
02/13/26
4
4
4,055
769 17th St, Oakland, CA
0.46
Multi-Family Home
$810,000
05/22/26
8
4
2,979

Nearby homes

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Assigned Schools

These are the assigned schools for Lakeside.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

San Pablo Gateway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about San Pablo Gateway

At least 50 Trulia users voted on each feature.

  • 89 % Say it's walkable to restaurants

  • 85 % Say there are sidewalks

  • 76 % Say it's dog friendly

  • 68 % Say streets are well-lit

  • 63 % Say it's walkable to grocery stores

  • 50 % Say parking is easy

  • 45 % Say there's holiday spirit

  • 44 % Say there are community events

  • 44 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 39 % Say people would walk alone at night

  • 35 % Say it's quiet

  • 31 % Say car is needed

  • 30 % Say yards are well-kept

  • 23 % Say kids play outside

  • 20 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Good place and I like it. People very friendly and surroundings is nice . I will plan to live here for life"
    1
    Flag
  • Felix S.
    "Art murmur is an amazing event as the whole community turns out and has a good time. I regularly see neighbors on the weekends. "
    0
    Flag
  • ilikesteak
    "I got mugged here in 2009 when I first moved here. But that's the last time I got mugged. Ever since Rudy's Can't Fail Cafe and the Fox theater have been here, this part of Oakland has gotten more busy, and safer!"
    14
    Flag

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Homes for sale near Lakeside

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Off Market Homes Near Lakeside

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Based on information from the MLSListings MLS as of 2026-07-16 00:39:43 PDT. 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.