Active
New
1430 7th Ave
Oakland CA, 94606
$1,050,000
$360.33 per sqft
Active
New
2,914 sqft
Multi-family
Built in 1907
1430 7th Avenue is a well maintained, beautiful 7-unit (3, 1BR/1BA + 4, Studio) building that showcases Oakland's iconic Queen Anne Victorian architecture. Generating over $10,000/mo in gross profit with 0 long-term tenants, this is a turnkey investment that delivers fantastic cashflow at $150K per unit. At 2,914 sq. ft., it includes an onsite laundry, basement storage for an additional income opportunity, and a driveway for 2-car tandem parking. In addition to 6 of the 7 units being remodeled, 1430 7th Ave was seismically retrofitted with permits in 2022 (bolts, steel placements, shearwalls, holddowns). Situated in the historic Clinton neighborhood and only a handful of blocks from Lake Merritt, tenants have everything they could ever need virtually on their doorstep. From bike paths and running trails to groceries and banking, there are no shortage of urban amenities to enjoy, including incredibly important public transit access (BART + AC Transit) and easy access to Highways 880 & 580. Do not miss your chance to add this meticulously maintained property to your portfolio.
41082599
MLSⓇ ID
January 16, 2025
Listed
January 16, 2025
Updated
Map
1430 7th Ave
Oakland CA, 94606
Interior Features
Appliances
Built-In Range, Dryer, Washer, Gas Water Heater
Laundry Description
Common Area
Floor Description
Tile, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Room Air
Heating
Yes
Heating Description
Forced Air, Natural Gas, Wall Furnace, Hot Water
Exterior/Building Features
Lot Size
0.09 Acres
Lot Features
Level, Landscape Front, Paved, Landscape Back
Sewer
Public Sewer
Other Property Details
Area Name
Oakland
Garage
Yes
Parking
Side Yard Access, Drive Thru Garage
View
No
County
Alameda
Water Source
Public
Pool
No
Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244
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