1501 7 First Ave., Oakland, CA 94606

About this fourplex

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.

Listing description from the February 2026 sale, as reported to CRMLS.

Sale history

$965,000

Sold February 2026 · listed $1,080,000, on market October 2025 · MLS #41115716 · Source: CRMLS

Listing Agent: Melanie Anderson · Listing Office: Eastside West · Contact: 510-220-5468 · Bought with: Terry Solomon-Tilley · Compass

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