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Kevin Hom
Crystal Florida

1715 9Th Ave

$958,000 1715 9Th Ave, Oakland, CA 94606
Perfectly situated just blocks away from picturesque Lake Merritt, this Clinton Fourplex presents an exceptional opportunity for an owner-occupied investment or for astute investors seeking to capitalize Oakland's thriving rental market with a GRM of 9.22 and 7.18% Cap Rate. The thoughtfully renovated and currently vacant 1-bedroom unit is ideally suited for a market rate tenant or immediate owner occupancy, while a bonus ADU cottage offers further income potential. Adding to its appeal, three units are currently occupied by reliable tenants who consistently pay on time. While the individual gas and electric meters, hardscaped yard, and the inclusion of newer appliances minimize operating expenses and maintenance. The property's location within walking distance of New Chinatown (Walk Score 88) ensures exceptional convenience, with easy access to grocery stores, restaurants, and various retail outlets. Additionally, 5-minute proximity to major transportation arteries such as I-880, I-580, and CA-24, as well as the convenience of a 10-minute bus ride to Lake Merritt BART, ensures seamless connectivity to key employment and entertainment hubs.
  • Pending
    Status
  • 4
    Bedrooms
  • 1900
    Year Built
  • 2,603 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Pending
  • Living Space: 2,603 Sq.Ft.
  • Lot Size: 5,750 Sq.Ft.
  • MLS® ID: 41063797
  • Type: Multi-Family
  • Year Built: 1900
  • School District: Oakland (510) 879-8111

Interior

  • Total Bedrooms: 4
  • Laundry Room: No Hookups
  • Flooring: Laminate, Linoleum, Tile

Exterior & Building

  • Lot Features: Level, Regular
  • Parking: Converted Garage, Garage, Off Street
  • Heat Type: Wall Furnace
  • Air Conditioning: No Air Conditioning
  • Other Exterior Features: Back Yard, Front Yard, Side Yard

Financial

  • Sales Price: $958,000

1715 9Th Ave

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