Melanie Anderson Presents
Rare Lake Merritt Gem
$1,080,000
All Property Photos
Property Details
Bedrooms
4
Bathrooms
4
Square Feet
3,083 sq ft
Own a Oakland Gem
Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet.
The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing.
Each junior one-bedroom offers its own appeal:
1501 – Updated, freshly painted, new wall heater
1503 – Updated, refinished hardwood floors, new fixtures
1505 – New stove (not updated)
1507 – Fully remodeled kitchen and bathroom, refinished floors, new paint
Two units are currently vacant, both have been renovated—ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing.
Each junior one-bedroom offers its own appeal:
1501 – Updated, freshly painted, new wall heater
1503 – Updated, refinished hardwood floors, new fixtures
1505 – New stove (not updated)
1507 – Fully remodeled kitchen and bathroom, refinished floors, new paint
Two units are currently vacant, both have been renovated—ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
Neighborhood
Centered around the stunning Lake Merritt, this area is known for its scenic beauty, diverse community, and lively atmosphere. The lake itself is a jewel of the neighborhood, offering a 3.4-mile walking and biking path, boating activities, and serene picnic spots along its shores. Surrounding the lake are lush parks, the Lake Merritt Wildlife Refuge, and the iconic Lakeside Park, which houses the beloved Children's Fairyland.
The neighborhood features a mix of historic architecture and modern developments, with a variety of dining options, cafes, and boutiques lining the streets. Cultural attractions such as the Oakland Museum of California and the Grand Lake Theatre add to the area's appeal, while regular farmers' markets, festivals, and community events foster a strong sense of local spirit. With its combination of natural beauty, recreational opportunities, and urban amenities, Lake Merritt is a cherished neighborhood that offers a dynamic and enriching living experience.
The neighborhood features a mix of historic architecture and modern developments, with a variety of dining options, cafes, and boutiques lining the streets. Cultural attractions such as the Oakland Museum of California and the Grand Lake Theatre add to the area's appeal, while regular farmers' markets, festivals, and community events foster a strong sense of local spirit. With its combination of natural beauty, recreational opportunities, and urban amenities, Lake Merritt is a cherished neighborhood that offers a dynamic and enriching living experience.
Melanie Anderson
DYNAMIC | ENGAGING | THOUGHTFUL
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Melanie Anderson