1430 7th Ave
Oakland, CA, 94606-3080
$1,050,000
Beds
0 Baths
SqFt
0.09 Acres
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1430 7th Avenue is a well maintained, beautiful 7-unit (3, 1BR/1BA + 4, Studio) building that showcases Oakland’s iconic Queen Anne Victorian architecture. Generating over $10,000/mo in gross profit with 0 long-term tenants, this is a turnkey investment that delivers fantastic cashflow at $150K per unit. At 2,914 sq. ft., it includes an onsite laundry, basement storage for an additional income opportunity, and a driveway for 2-car tandem parking. In addition to 6 of the 7 units being remodeled, 1430 7th Ave was seismically retrofitted with permits in 2022 (bolts, steel placements, shearwalls, holddowns). Situated in the historic Clinton neighborhood and only a handful of blocks from Lake Merritt, tenants have everything they could ever need virtually on their doorstep. From bike paths and running trails to groceries and banking, there are no shortage of urban amenities to enjoy, including incredibly important public transit access (BART + AC Transit) and easy access to Highways 880 &#38' 580. Do not miss your chance to add this meticulously maintained property to your portfolio.

Property Details

Price:
$1,050,000
MLS #:
41082599
Status:
Active
Baths:
0
Address:
1430 7th Ave
Type:
Residential Income
City:
Oakland
Listed Date:
Jan 16, 2025
State:
CA
ZIP:
94606
Lot Size:
4,000 sqft / 0.09 acres (approx)
Year Built:
1907
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1430 7th Ave
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