25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
| MLS # | ML82064394 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 13 |
| Listing Provided By | KW Advisors | Alina Siert |
| SQ Feet | 18,720 |
|---|---|
| Car Port | Yes |
| Building(s) | 1 |
| Zoning | R-80 |
| Acreage | 0.20 |
| Cooling Yes / No | Yes |
|---|
| Roof | Other |
|---|
| Utilities | Other |
|---|
| Property | 93260 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Area | 699 Not Defined |
| Listing VS Median (in 94610) | |
Price: $6,995,000 low | high Med: $824,000 sqft: 18,720 low | high Med: 2,862 $ / sqft: $374 low | high Med: $290 On site: 13 low | high Med: 7.5 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Area | 699 Not Defined |
| Listing VS Median (in 94610) | |
Price: $6,995,000 low | high Med: $824,000 sqft: 18,720 low | high Med: 2,862 $ / sqft: $374 low | high Med: $290 On site: 13 low | high Med: 7.5 | |