Stunning lakefront duplex with unmatched charm. A remarkable opportunity to own a gorgeous duplex that boasts breathtaking views over Lake Merritt. This beautifully renovated Mediterranean-style masterpiece perfectly combines classic elegance with modern amenities, offering an exceptional living experience. Step inside to find a chef's kitchen, paired with tastefully remodeled bathrooms that exude a contemporary flair. The thoughtful layout features spacious interiors adorned with pristine hardwood floors throughout, ensuring both comfort and style in every room. Both units are currently being used as 3-bedroom, 2-bathroom. Dramatic windows showcase panoramic lake views, perfect for watching the sunset. The upper unit includes a charming Juliet balcony for enjoying morning coffee with a view. In addition to the two upper units, a bonus space on the 3rd bottom level has been converted into a studio with a separate entrance. Whether you're seeking a unique family residence or an exceptional investment opportunity in the vibrant Oakland market, this duplex is poised to impress. Don’t miss your chance to make this extraordinary property your own—where the beauty of Lake Merritt meets the charm of a carefully crafted home. OPEN HOUSE Saturday, 5/02/26, 12PM - 2PM
Listed by Tova Osborne
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License #02010243
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Realty ONE Group Future
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510-305-8252
Listed by Matthew Borden
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License #01190671
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Realty ONE Group Future
Last updated April 29, 2026
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Source: bridgeMLS #41130019
Listing Facts
TypeMulti-family
NeighborhoodCleveland Heights
Bedrooms7
Days on Prevu23
Size3,388 sqft
Price per sqft$885
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
04/07/2026
Listed by Realty ONE Group Future
$2,998,880
Property Details for 2038 2040 Lakeshore
Exterior
Construction
Number Of Units Total: 3
Window Features: Double Pane Windows
Year Built: 1932
Construction Materials: Stucco, Shingles
Exterior Features: Terraced Up, Landscape Front
Features
Patio And Porch Features: Patio
Waterfront Features: Waterfront
Waterfront: Yes
Measurements
Building Area Total: 3,388
Lot Size Acres: 0.17
Lot Size Area: 0
Lot Size Square Feet: 7,313
Lot Size Units: Acres
Interior
Features
Appliances: Gas Water Heater
Flooring: Hardwood, Laminate, Tile
Measurements
Living Area: 3,388
Living Area Units: Square Feet
Rooms
Basement: Other
Bedrooms Total: 7
Other
Location
Subdivision Name: LAKE MERRITT
Parking
Parking
Parking Features: Garage Door Opener, Detached, Garage, Off Street, Remote
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Forced Air, Central
Has Heating: Yes
Laundry Features: Washer/Dryer Hookups, Other
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 7 bedrooms in this multi-family home at 2038 2040 Lakeshore.
How does 2038 2040 Lakeshore compare to other multi-family homes in Cleveland Heights?
This multi-family home is listed 176% above the average price for multi-family homes in Cleveland Heights and has been on the market for 23 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,388 sqft.
2038 2040 Lakeshore is a 7-bedroom multi-family home for sale in Oakland CA 94606. On Prevu for 23 days at $2,998,880. This property features 3,388 square feet of living space, located in Cleveland Heights. The median listing price for multi-family homes in this area is $973,500. The home offers private outdoor space and parking. Browse more multi-family home listings in Oakland.
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.