1501 First Ave., Oakland, CA 94606 (MLS # 41115716)

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PRICE $1,080,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 2,806 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 10/24/2025
TRACT LAKE MERRITT YEAR BUILT 1924
COUNTY Alameda STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Gas Water Heater
CONSTRUCTION Stucco
HEAT See Remarks
LOT 2805 sq ft
LOT DESCRIPTION Back Yard, Corner Lot
SUBDIVISION LAKE MERRITT
MORTGAGE CALCULATOR
   

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Listed with Eastside West

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