Lakeside Senior Housing

Oakland Housing Authority and Satellite Housing, Inc. have co-developed a 92-unit affordable senior housing development in the Eastlake neighborhood, one block from Lake Merritt. Lakeside Senior is ideally located 1 ½ blocks away from a Lucky’s Supermarket and Pharmacy, the Lake Merritt Bakery, numerous neighborhood serving restaurants and businesses as well as ½ block from two AC Transit bus lines with direct service to Downtown Oakland and BART.

The project will feature a fitness room, multimedia community room, rooftop patio deck, landscaped courtyards with raised planters for gardening activities, intergenerational programming, and a wide range of resident services designed to support seniors and their ability to live independently as long as is comfortable.

Site Address 1507 2nd Avenue​
​Land Owner ​Oakland Housing Authority
Project Partner(s) ​Satellite Affordable Housing Associates
Architect(s) ​David Baker + Partners Architects​
Total # of Units ​92 one-bedroom apartments, including one manager’s unit
​Target Clientele ​Seniors with maximum incomes up to 50% AMI
Development Cost ​Approximately $28 Million

Completion Date

Fall 2014
Sources of Funding ​Oakland Housing Authority (OHA)
OHA Long-Term Ground Lease
Section 8 Project-Based Voucher Loan
Wells Fargo Bank
California Department of Housing and Community Development – MHP loan
​California Community Reinvestment Corporation
Federal Home Loan Bank of San Francisco – AHP grant
​Green Building ​​LEED for Homes

Lakeside Senior Housing Fact Sheet-Printable Version​​​​