Studio / 1 Bath Unit 211
$2,398/mo
511 ft² · $4.69/ft²
Available: Now
Down $26 since Oct 9 (was $2,424)
Updated
Residences at Lake Merritt
1940 Webster St, Oakland, CA 94612, USA
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Beds
Pricing by Bedroom
Studio
$2,398
from $2,398 · 1 units
~511 sqft avg
1 Bed
$2,862
from $2,819 · 6 units
~617 sqft avg
2 Bed
$3,816
from $3,785 · 2 units
~1,052 sqft avg
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Units with Price Changes (12)
Largest 8 movers of 12
Last 15 days
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).
Est. Monthly Revenue
$372K
$4.5M annual run rate
Modeled estimate
Est. Occupancy
94%
of about 142 units (modeled from leasing activity)
Effective Rent on New Leases
$2,796
vs $3,022 current asking ($226 negotiation gap)
Recent Lease Activity
41 units tracked; 32 assumed leased, 9 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
9
Moderate availability
4 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Limited leverage
The available listings show few signs of room to negotiate.
Price vs. Downtown Oakland
Neighborhood Forma $1,910 Lydian $2,187 Domain Oakland $2,288 Lantana Uptown $2,300 Alice House $2,322 $2,431 19th & Harrison Apartments $2,602 The Uptown $2,610 The ALFRED $2,975 1900 Broadway $3,042.14
Residences at Lake Merritt $2,398
1717 Webster Comparing 11 apartments in Downtown Oakland. Click any bar to view that building.
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Available Units
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1 Bed / 1 Bath Unit 309
$2,819/mo
612 ft² · $4.61/ft²
Available: Nov 5, 2026
Down $84 since Oct 6 (was $2,903)
1 Bed / 1 Bath Unit 423
$2,829/mo
629 ft² · $4.50/ft²
Available: Nov 6, 2026
Down $84 since Oct 6 (was $2,913)
1 Bed / 1 Bath Unit 510
$2,839/mo
609 ft² · $4.66/ft²
Available: Now
Down $118 since Oct 6 (was $2,957)
1 Bed / 1 Bath Unit 619
$2,871/mo
631 ft² · $4.55/ft²
Available: Dec 5, 2026
1 Bed / 1 Bath Unit 810
$2,884/mo
609 ft² · $4.74/ft²
Available: Oct 20, 2026
Down $84 since Oct 6 (was $2,968)
1 Bed / 1 Bath Unit 209
$2,929/mo
612 ft² · $4.79/ft²
Available: Nov 24, 2026
Down $84 since Oct 8 (was $3,013)
2 Bed / 2 Bath Unit 613
$3,785/mo
1,043 ft² · $3.63/ft²
Available: Nov 19, 2026
Up $38 since Oct 9 (was $3,747)
2 Bed / 2 Bath Unit 605
$3,846/mo
1,060 ft² · $3.63/ft²
Available: Dec 24, 2026
Up $112 since Oct 9 (was $3,734)
| Unit | Floor Plan | Listed | Details | |||||
|---|---|---|---|---|---|---|---|---|
| 211 | | Studio / 1ba | 511 | $2,398 | $4.69 | Now | Pro | Down $26 since Oct 9 |
| 309 | | 1bd / 1ba | 612 | $2,819 | $4.61 | Nov 5, 2026 | Pro | Down $84 since Oct 6 |
| 423 | | 1bd / 1ba | 629 | $2,829 | $4.50 | Nov 6, 2026 | Pro | Down $84 since Oct 6 |
| 510 | | 1bd / 1ba | 609 | $2,839 | $4.66 | Now | Pro | Down $118 since Oct 6 |
| 619 | | 1bd / 1ba | 631 | $2,871 | $4.55 | Dec 5, 2026 | Pro | |
| 810 | | 1bd / 1ba | 609 | $2,884 | $4.74 | Oct 20, 2026 | Pro | Down $84 since Oct 6 |
| 209 | | 1bd / 1ba | 612 | $2,929 | $4.79 | Nov 24, 2026 | Pro | Down $84 since Oct 8 |
| 613 | | 2bd / 2ba | 1,043 | $3,785 | $3.63 | Nov 19, 2026 | Pro | Up $38 since Oct 9 |
| 605 | | 2bd / 2ba | 1,060 | $3,846 | $3.63 | Dec 24, 2026 | Pro | Up $112 since Oct 9 |
Unit Details
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City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Oakland, CA notes
No resident notes for this property yet.
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Downtown Oakland Rent Trends
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