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$1,430,000 Just Listed
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Property Description
This well-located income property is situated in a highly desirable neighborhood near the vibrant Grand Lake area, offering convenient access to popular restaurants, cafes, shopping, and everyday amenities. The property benefits from strong rental demand due to its walkable location, close proximity to public transportation, entertainment, and easy freeway access. Surrounded by dining, retail, and the lively atmosphere of the Grand Lake district, this property presents an excellent opportunity for both investors and owner-users seeking long-term value and stable income potential.
Full Property Details
Full Property Details for 357 Lester Ave
General
- Price: $1,430,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41135573
- Updated: 5/31/2026
- Added to Site: 5 day(s) ago
Interior
- Flooring: Laminate, Tile
Parking
- Parking Features: Assigned
Location
- Area: Listing
- County: Alameda
- Subdivision: China Hill
- Driving Directions: Newton/Lester Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Stucco
- Roof: Composition Shingles
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 8033
- Lot Features: Landscaped
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $386
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 2122721
Listed by Bay Home Investments&Loans, Sandy Leung
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Schools
Schools serving 357 Lester Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Oakland, CA 745 Cleveland Street, Oakland, CA 94606 | K-5 | 0.3 mi |
Edna Brewer Middle School 3748 13th Avenue, Oakland, CA 94610 | 6-8 | 1.1 mi |
Oakland High School 1023 MacArthur Boulevard, Oakland, CA 94610 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357 Lester Ave
Date
Details
Price
Change
Source
5/31/2026
Listed
$1,430,000
83.33%
MLS
6/18/2007
Sold
$780,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 357 Lester Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,554
34%
$1,038,251
2%
2024
$17,593
-4%
$1,017,899
2%
2023
$18,296
4%
$997,943
2%
2022
$17,538
7%
$978,383
2%
2021
$16,392
1%
$959,201
1%
2020
$16,219
6%
$950,891
2%
2019
$15,361
2%
$930,759
2%
2018
$15,034
5%
$912,515
2%
2017
$14,382
3%
$894,628
2%
2016
$13,996
1%
$877,090
2%
2015
$13,918
6%
$863,922
15%
2014
$13,078
2%
$750,000
1%
2013
$12,852
—
$740,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 357 Lester Ave
357 Lester Ave, Oakland, CA 94606 (MLS# 41135573) is a Commercial Residential Facility property. 357 Lester Ave is currently listed for $1,430,000 and was received on May 31, 2026. Want to learn more about 357 Lester Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

