This two-unit home near Lake Merritt is a great investment opportunity for first time buyers and investors alike. Whether you are looking to supplement your primary residence with rental income or hunting for the perfect addition to your investment portfolio, you’ll want to view this excellent property. Both units include separate garage, multiple parking spaces and shared coin-op laundry. The upstairs 3 BR, 2-bath (1500+ sq. ft)has a large open-concept kitchen, as well as hardwood floors throughout, bump-out windows, and a sunny private upper patio. This unit is completely light-filled, bright and sunny - perfect for the at-home working arrangements. The 2-bed, 1-bath on the ground floor has its own shaded yard with private entrance and a surrounding privacy fence. With beautiful Lake Merritt just steps away, the property is in the perfect location-just a short walk to downtown Oakland, BART, and all the shopping and dining options along Lakeshore and Grand. Potential owner-occupant investors will immediately recognize the massive upside potential in this income generating property.
Off market
$993,200
1430 1st Avenue Pl, Oakland, CA 94606
5beds
1,508sqft
MultiFamily
Built in 1926
-- sqft lot
$993,200 Zestimate®
$659/sqft
$4,638 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Trash compactor, Washer
- Laundry: Coin Operated
Features
- Flooring: Tile, Carpet, Concrete, Hardwood, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 1,508 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
Lot
- Size: 3,271 sqft
Details
- Parcel number: 2013023
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1926
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Class: RESIDENTIAL INCOME
- ADDTL MISC. FEATURES: Garden, Balcony/Patio
- EXTERIOR: Stucco
- FINANCIAL DATA SOURCE: Owner
- POSSESSION: COE
- WATER/SEWER: Water - Public
- YARD DESCRIPTION: Fenced
- Source: Public Records
- EQUIPMENT ADDITIONAL: Other
- LOT DESCRIPTION: Other
- ROOF: Other
- TENANT PAYS: Other
- EXISTING LEASE TERMS: Other
- City Transfer Tax: Yes
- City: OAKLAND
- Point of Sale Ordinance: Yes
- Building Type: OTHER
- ALL UNITS HAVE: Other
- BASEMENT: Other
- COOLING: Other
- DISABLED FEATURES: Other
- HEATING: Other Heat
- OPERATING EXPENSES: Other
- PARKING DESCRIPTION: Attached Garage
- FLOORING: Other
- DISCLOSURES: Rent Control, Other - Call/See Agent
- TERMS: Other
- Area: Oakland Zip Code 94606
- LAUNDRY: Coin Operated
- INSPECTIONS/REPORTS: Home Inspection
Services availability
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Estimated market value
$993,200