LOCATION, LOCATION, LOCATION! Architectural GEM one block off the lake with Lake Merritt views from ALL units. Tremendous upside potential for a new owner with TWO of the 4 units currently vacant; (one "Tenanted" Unit fully updated and at market rent). LARGE enclosed backyard with expansion possible for additional units, prefab ADU, or storage to increase income. BRAND NEW FOUNDATION in 2019, and property is sewer lateral compliant certified. Conveniently located by the Lake run/walk path, tennis courts, Safeway grocery, Laundromat, social dining, etc. Perfect for a savvy investor looking for income property in a HIGHLY DESIRABLE location, or a discerning Buyer seeking a live in property with passive income. Timeless vintage charm with water views!