1520 1st Ave | Oakland, CA 94606
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- LoopNet Team
1520 1st Ave
Oakland, CA 94606
Showings: By Appointment Contact Broker · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Situated in the heart of the vibrant Lake Merritt neighborhood, this property offers a highly desirable location that is sought after by tenants and i
- Unlock additional revenue streams with the potential for constructing an Additional Dwelling Unit (ADU) and/or onsite laundry facilities, enhancing th
- Strategically located near major Oakland employers such as Kaiser Permanente and Sutter Health, this property offers an attractive housing option for
- With the flexibility to deliver 7 out of 8 units vacant upon sale, this property provides immediate possibilities for renovations or upgrades to maxim
- Enjoy easy access to transportation with the Lake Merritt BART Station just a brief 5-minute drive away, facilitating seamless commutes throughout the
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 5,049 SF |
| Property Subtype | Apartment | Average Occupancy | 50% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1910 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 5,049 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1910 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 3 | - | - |
| Studios | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 020-0181-012-00 | Improvements Assessment | $548,178 |
| Land Assessment | $99,529 | Total Assessment | $647,707 |
PROPERTY TAXES
Parcel Number
020-0181-012-00
Land Assessment
$99,529
Improvements Assessment
$548,178
Total Assessment
$647,707
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