1200 13Th Ave, Oakland, CA 94606

About this fourplex

Split into three 1BR/1BA, and one 3+BR/1BA (which is 1,958 square feet all on its own and shall be delivered vacant)—this is 1200 13th Avenue. Located in Oakland’s East Peralta neighborhood, this lucrative investment opportunity is surrounded by an array of popular destinations including Lake Merritt, the Oakland Estuary, Alameda Island, and Laney College. Any number of amenities are easily walkable or bikeable, including Lake Merritt BART, Fruitvale BART, Clinton Park, and any number of bars, restaurants, and mom + pop retailers. With all units rented, this property will potentially generate significant income of $10,100 per month. Additional points of note include the property’s parking pad, sizable backyard, and ADU potential for an investor with vision. The asking price is a modest $825K for this fantastic investment with major long-term upside.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$950,000

Sold January 2024 · orig. $1,250,000, on market June 2022 · MLS #40998402 · Source: CRMLS

Listing Agent: Joey Wang · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Otha Johnson Jr. · Re/Max Gold

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