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Listed by Melanie Anderson • Eastside West
$1,080,000
Est. payment /mo
4 Beds
4 Baths
3,083 SqFt
Open Sun 2PM-4PM
1501-7 First Ave. Oakland, CA 94606
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Open House
Sun Nov 09, 2:00pm - 4:00pm
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,083 sqft
Price per Sqft $350
MLS Listing ID BE41115716
Bedrooms 4
Year Built 1924
Lot Size 2,806 Sqft
Property Sub-Type Fourplex
Source Bay East
Property Description
Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 - Updated, freshly painted, new wall heater 1503 - Updated, refinished hardwood floors, new fixtures 1505 - New stove (not updated) 1507 - Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated-ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Other
Cooling Air Conditioning - None
Flooring Linoleum, Vinyl, Hardwood
Exterior
Exterior Feature Stucco
Parking Features No Parking
Building
Water Public, Heater - Gas
Others
Tax ID 20-129-2-1
Special Listing Condition Not Applicable
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