---
listing_id: ML81980185
status: Closed
price: 3915000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 17872
sqft_lot: 12800
lot_acres: 0.293
year_built: 1910
property_type: Residential Income
property_subtype: 
address: "1525 Lakeside Dr"
city: Oakland
state: CA
zip: 94612
county: "Alameda County"
lat: 37.802648
lng: -122.262367
days_on_market: 565
hoa_fee: 
hoa_frequency: 
garage_spaces: 16
list_agent: "Eymon Binesh"
list_office: "Marcus & Millichap"
list_agent_phone: "(650) 546-1030"
list_agent_license: 02060059
mls_source: MLSL
modified: 2026-02-02
transaction_type: recentlySold
---

Home | Alameda County | Oakland | 94612 | 1525 Lakeside Dr

1525 Lakeside Dr, Oakland, CA 94612

MLS: ML81980185 | Status: | Price: $3,915,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
17,872 0.293 1910

Remarks

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.

MLS Listing Information

Field Value
MLS # ML81980185
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Kitchen Countertop - Granite, Countertop - Stone, Countertop - Tile
Appliances Washer/Dryer
Flooring Laminate, Tile
Laundry Coin Operated
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Flat
Foundation Slab

Parking, School, and Other Information

Feature Details
Garage/Parking Covered Parking, Garage: 16 Car(s)
Elementary District Oakland Unified
High School District Oakland Unified
Water Public
Zoning CBD-R

Contact Information

Listing Agent Co-Listing Agent
Eymon Binesh Adam S Levin
Marcus & Millichap
License #: 02060059 License #: 01462752
Phone: (650) 546-1030 Phone: (650) 492-0934

Property Units

# Buildings # Leased Units # Total Units
1 12 21

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 550 0 1/0 $1,020 $1,795 3
2 750 1 1/0 $1,055 $2,695 15
3 989 2 1/0 $2,795 $2,879 3

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Lincoln Elementary School public K-5 0.33 mi 9
Dewey Academy public 9-12 0.46 mi 3
Gateway To College at Laney College School public 9-12 0.49 mi 7
Metwest High School public 9-12 0.56 mi N/A
La Escuelita Elementary School public K-5 0.57 mi 2
Westlake Middle School public 6-8 0.84 mi 2
Neighborhood Centers Adult Education public UG 0.85 mi N/A
Franklin Elementary School public K-5 0.99 mi 7
Cleveland Elementary School public K-5 1.01 mi 5
Street Academy (Alternative) public 9-12 1.04 mi 2
Martin Luther King, Jr. Elementary School public K-5 1.18 mi 1
Bella Vista Elementary School public K-5 1.38 mi 3
Oakland High School public 9-12 1.40 mi 4
McClymonds High School public 9-12 1.42 mi 2
Oakland Adult And Career Education public UG 1.43 mi N/A
Ralph J. Bunche High School public 9-12 1.53 mi 1
West Oakland Middle School public 6-8 1.53 mi 3
Hoover Elementary School public K-5 1.59 mi 4
Roosevelt Middle School public 6-8 1.63 mi 3
Beach Elementary School public K-5 1.67 mi 7

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 02, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.