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$5,500,000

FOR SALEActive

449 Merritt Ave

Oakland CA 94610

10,926

SF

Commercial

Type

1959

Built

$503/SF

Cost/SF

99 days on marketNalren refreshed

Listing Agent

David Hart

Listing Agent

DRE #: 02048965

(650) 355-3000

Brokerage: David Hart Realty

Location Analysis

MapProperty Location

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

Map

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