Lake Merritt Apartments is a 54-unit senior living development with all units subsidized through a HUD project-based age-restricted Section 8. The property is located at 1417 First Avenue, Oakland, California 94606. The development was originally built in 1977, broadly renovated in 2002, and offers one-bedroom units. All units are located within four-story buildings. Common amenities include a clubhouse, picnic area, and planned social activities. Lake Merritt Apartments was acquired by PPD in 2002 when it underwent an extensive remodel, renovated again using tax credits and tax exempt bonds in 2018 and completed construction later that year.