60
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$1,080,000
Est. payment /mo
3,083 SqFt
Active
1501-7 First Ave. Oakland, CA 94606
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,083 sqft
Price per Sqft $350
Subdivision Lake Merritt
MLS Listing ID 41115716
HOA Y/N No
Year Built 1924
Lot Size 2,806 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Other
Cooling No Air Conditioning
Flooring Hardwood, Linoleum, Vinyl
Fireplace Yes
Appliance Gas Water Heater
Building
Lot Description Corner Lot
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