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 &' 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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Schools
Interior
Appliances
Gas Water Heater
Heating
Forced Air, Natural Gas, Wall Furnace
Exterior
Lot Features
Level with Street
Parking Spots
2.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address1430 7th Ave Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94606-3080
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
1430 7th Ave
Oakland, CA
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