1718 6th Ave
Oakland, CA 94606
0.09 acres | #41069741
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.
Property Details
- Acres0.0861
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1955
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$845,000
Other
- MLS #41069741
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Pinza (#BMLS-R01867691)
Listing Office: The Pinza Group, Inc (#BMLS-OBPINZA)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
