$5,500,000
FOR SALEActive449 Merritt Ave
Oakland CA 94610
10,926
SF
Commercial
Type
1959
Built
$503/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Rare opportunity to own a beautifully newly remodeled five-unit property totaling 21 bedrooms and 16 bathrooms in one of Oakland's most desirable neighborhoods, just a block away from Lake Merritt. This home is also equipped with 5 parking spaces with an EV charger for each parking spot, sunrooms and balconies. This turnkey asset has been extensively renovated with modern finishes, making it an ideal investment for both seasoned and first-time multifamily buyers. Several units enjoy stunning lake and city skyline views, providing an attractive living experience for tenants. Thoughtfully updated interiors feature contemporary kitchens, renovated bathrooms, stylish flooring, designer lighting, and quality finishes throughout. Large windows fill the living spaces with natural light, creating bright and inviting homes. Situated in a prime location, residents can enjoy easy access to Lake Merritt's scenic walking paths, parks, restaurants, cafes, shopping, public transportation, and major commuter routes. The combination of a highly desirable location, extensive renovations, and impressive views makes this property a standout investment with strong rental appeal.
Property Information
Property Overview
Commercial
Property Type
Active
Status
RU-2
Zoning
0.1515 acres
Lot Size
10,926 SF
Square Footage
$503.39/SF
Price per SF
$69,000
Annual Tax
1,959
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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