1506 4th Ave | Oakland, CA 94606
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- LoopNet Team
1506 4th Ave
Oakland, CA 94606
Three Blocks from Lake Merritt · Multifamily Property For Sale · 14 Units
Investment Highlights
- Well Maintained 14-unit building just three blocks from Lake Merritt
- Amenities include four secured parking spaces, an on-site laundry facility, and two roof decks
- 94 Walk Score, rated a "Walker's Paradise" by walkscore.com
- Unit mix consists of (1) 3bd/1.5ba unit, (2) 2bd/1ba units, (10) 1bd/1ba units, and (1) studio unit
- Over $85,000 in annual rental upside allowing a new owner to maximize their return over time
- 0.9 miles to Lake Merritt BART Station, offering complete Bay Area access
PROPERTY FACTS
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 350 |
| 1+1 | 10 | - | 600 |
| 2+1 | 2 | - | 700 |
| 3+1.5 | 1 | - | 1,250 |
PROPERTY TAXES
| Parcel Number | 020-0178-016-00 | Improvements Assessment | $1,465,622 |
| Land Assessment | $585,412 | Total Assessment | $2,051,034 |
PROPERTY TAXES
Parcel Number
020-0178-016-00
Land Assessment
$585,412
Improvements Assessment
$1,465,622
Total Assessment
$2,051,034
zoning
| Zoning Code | R-5, Oakland |
| R-5, Oakland |
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