Renovated, gated low-income housing with services is walkable
Recently renovated, Lake Merritt is an affordable apartment community for seniors age 62+ located in Oakland, CA. Each unit received new kitchen and bathroom cabinets and countertops, ENERGY STAR appliances as well as new windows, flooring and paint. Located overlooking Lake Merritt, the community features landscaping with mature trees and outdoor picnic benches and tables. An open space community room provides residents a place to spend time together and participate in services and activities offered by Jamboree’s Community Impact Group. Gated entry, covered parking, elevators and laundry facilities create convenience for residents, while the newly installed nurse call system in each apartment provides a safe environment and peace of mind.
Lake Merritt is located in Alameda County, a fully walkable neighborhood. Many dining and shopping opportunities within blocks of the property help seniors maintain their independence with or without a personal vehicle. Convenient access to BART Stations and Highway 880 allows for easy to travel to other parts of the Bay area.
Lake Merritt was acquired and rehabilitated to both raise the quality of the community and maintain affordability for residents. Jamboree partners closely with investors and property management to provide affordable senior housing in a high-density area with real estate and rental prices that are out-of-reach for many seniors.
Renovated Low-Income Senior Apartments in Bay Area
Acq/rehab renews Oakland 62+ affordable housing and services
A joint effort by Jamboree and Preservation Partners Development, Lake Merritt was acquired and rehabilitated in 2002 and renovated in 2018 to maintain the high quality affordable housing to seniors age 62+ in Oakland, CA. The Bay Area is known for both high-density and real estate prices that are out of reach for many seniors.
All units received new kitchen and bathroom cabinets and countertops, ENERGY STAR appliances, new windows, new flooring and paint, and a new sprinkler and nurse call system. The exterior renovations include modernizing the stucco with new paint and installing a new TPO roof.
Located overlooking Lake Merritt in a fully walkable neighborhood, the community provides convenient access to shopping, dining and medical centers, as well as public transportation in Alameda County. The gated entry provides a safe environment and peace of mind, while laundry facilities and elevators provide convenience. The newly enlarged community room with storefront windows is a gathering place for residents and a location for services provided by Jamboree’s Community Impact Group.
Lake Merritt had been at risk of losing local restrictions necessary to keep the community affordable for residents. With only three years remaining on these restrictions, Jamboree’s acquisition of the property ensured its ongoing affordability for residents and the community. Jamboree’s partnerships with property management, the City of Oakland, and investors allow for a quality, secure environment for seniors.