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Lakeshore Multifamily Home for Sale

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    $1,795,000

    • 6,151 Sq Ft

    539 Mandana Blvd, Oakland, CA 94610

    539 Mandana Blvd in Oakland offers an exceptional investment opportunity with seven units on a 5,000 SF lot. The property features a diverse unit mix, including one 3-bedroom/1-bath, one 2-bedroom/1-bath, five 1-bedroom/1-bath units, and a studio apartment. Each unit boasts hardwood flooring and kitchens equipped with gas stoves and charming vintage cabinets, with no low paying rent-controlled

    Steven Pinza The Pinza Group, Inc

    539 Mandana Blvd, Oakland, CA 94610

Why Live in Lakeshore

Lakeshore, a historic residential neighborhood in Oakland’s Lower Hills District, is named after the popular Lake Merritt. The area, designed by the Olmsted Brothers, features curvilinear streets that follow the natural hills and is known for its Italianate, Spanish, Tudor, and Colonial-style homes. These homes often retain their traditional charm even after modern renovations. The neighborhood is highly regarded for its schools, with Crocker Highlands Elementary School and Oakland Technical High School both receiving high ratings. Families in Lakeshore enjoy a strong sense of community, supported by events like the Crocker Carnival and Walk-a-Thon. Outdoor activities are plentiful, with Oak Grove Park and the parks around Lake Merritt offering trails and green spaces for hiking, jogging, and walking. The Grand Lake Theater, an Art Deco landmark, anchors the local shopping district and screens first-run movies. Dining options include Café Romonat, known for its Ethiopian cuisine, and The Cat House, a vintage-style lounge. Essential shopping needs are met by Trader Joe’s and Walgreens. Lakeshore is bordered by Interstate 580, providing easy access to I-980 and the rest of Oakland, while the Lake Merritt BART Station offers convenient public transportation. Crime rates in Lakeshore are comparable to the national average, making it a practical choice for potential homebuyers.

Home Trends in Lakeshore, CA

Housing Trends

Median Sale Price
$530,000
Median Single Family Sale Price
$670,000
Median 2 Bedroom Sale Price
$390,000
Median 1 Bedroom Sale Price
$569,000
Average Price Per Sq Ft
$316
Number of Homes for Sale
3
Last 12 months Home Sales
7
Months of Supply
5.10
Median List Price
$709,500
Median Change From 1st List Price
16%
Median Home Sale Price YoY Change
-12%
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