1718 6th Ave Active

Oakland,CA 94606

$ 845000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41069741

Year Built 1955

Lot Size 3,750 Sqft

Property Description

www.pinzaoaklandportfolio.com; 1718 6th Ave is a distinguished fourplex in Oakland's sought-after Clinton neighborhood. The property offers four 1bd/1bth units approx. 650 SF each. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. One unit, set to be delivered vacant, presents a perfect opportunity for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. 11.47 GRM; 8.80 Market GRM Email agent on property website for more info.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Exterior

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