86Great deal
1555 Lakeside Dr #190
Downtown Oakland, Oakland, CA · 94612
$650,000 19% below mkt
2 bd · 2 ba · 1,311 sqft · $496/sf
HOA $1,530/mo · Floor 1 · 68 days on market · built 1968
⚖️ Adjusted valueUndervaluedasking is 19% under fair value
Model fair value · 13 sold comps · ±13%$786,678
vs model fair value · size · beds/baths · age · HOA · location−17%
Condition · Updated (light floors · floor-to-ceiling lake views)−1%
Price history · ≈17% below its peak−1%
✅ Positives
- Best $/sf of 6 tracked in Lake Merritt
- 17% below model fair value
- On market 68 days → some leverage
- In-unit W/D
⚠️ Cons
- HOA $1530/mo
- Older building (1968)
- Ground floor
🚩 Red flags
- Very high HOA $1530/mo (full-service high-rise)
- Listed BELOW its 2022 sale ($715k) → value eroding
Photos
Price history (this unit)
Trough $650,000 May 12, 2026Now $650,000Peak $779,000 Jun 23, 2022
Current list price is 17% below its peak · +0% above its trough.
- May 12, 2026 — Listed $650,000
- Sep 19, 2022 — Sold (MLS) $715,000
- Aug 17, 2022 — Price Changed $765,000
- Jun 23, 2022 — Listed $779,000
Description
No description captured.