1501 First Ave. new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Lake Merritt
MLS Listing ID 41115716
HOA Y/N No
Year Built 1924
Lot Size 2,805 Sqft
Property Sub-Type Quadruplex
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 See Remarks
Flooring Laminate,Vinyl,Wood
Fireplace No
Appliance Gas Water Heater
Building
Lot Description Back Yard,Corner Lot
Others
Tax ID 2012921
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
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