1423 4th Avenue

Oakland, CA 94606

$1,020,000
Price
6
Beds
3
Baths
2,517 Sq. Ft.
$405 / Sq. Ft.
2,517
Sq. Ft.
$405
per Sq. Ft.

Description

1421-1423 4th Ave is a duplex just blocks from Lake Merritt. Great opportunity for an owner/investor to occupy one and rent the other. Or investors who are seeking to capitalize Oakland's thriving rental market with a GRM of 6% Cap Rate or more. Both upper and lower units feature 3 bedroom and 1.5 bath. off street vehicle parking space. Both the upper and lower unit can access a rear deck. Strategically located near the 580 freeway and easy walking access to the lake and downtown Oakland. A expanded...1421-1423 4th Ave is a duplex just blocks from Lake Merritt. Great opportunity for an owner/investor to occupy one and rent the other. Or investors who are seeking to capitalize Oakland's thriving rental market with a GRM of 6% Cap Rate or more. Both upper and lower units feature 3 bedroom and 1.5 bath. off street vehicle parking space. Both the upper and lower unit can access a rear deck. Strategically located near the 580 freeway and easy walking access to the lake and downtown Oakland. A expanded backyard good opportunity for ADU. This duplex will be sold as is.
  1. Listed by Huiqing Zhu • DRE #02217648 • Open Realty
  2. Listed by Bin Zhou • DRE #01984918 • Open Realty

Property Details for 1423 4th Avenue

City
OAKLAND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage/Parking
Off-Street Parking, Parking Area, Access - Side Yard
Park Spaces Total
0
Total # Parking Spaces
2
LISTING UPDATED: 10/02/2024 01:25 AM

Property Details for 1423 4th Avenue

StatusActive
MLS #41074381
Days on Compass37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1912
Lot Size0.10 AC / 4,500 SF
CountyAlameda County

Building Information for 1423 4th Avenue

Stories-Residences2Year Built1912Building Size-Lot Size0.10 AC / 4,500 SF

Property Information for 1423 4th Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Vinyl, Carpet
  • Laundry: None
Utility Details
  • Cooling: No Air Conditioning
  • Heating: No Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Window Coverings, None, All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Composition Shingles, Wood Frame
  • Lot Description: None
  • Lot Sq Ft Apx: 4500
  • Lot Size Square Feet: 4500.0
  • Roof: Composition
  • Sq Ft Apx: 2517
  • Yard Description: Back Yard, Low Maintenance, Storage Area
  • Year Built: 1912
  • Acres: 0.1
Location Details
  • Directions to Property: 580 exit 22B toward 14th Ave/Park Blvd, to 4th Ave
  • FIPS Code: 06001
  • Parcel Number: 20-132-8-1
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Parking Description: Off Street Parking, Parking Area, Side Yard Access, No Garage
  • Existing Lease Terms: None
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 1421
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 3
  • Bathrooms 1: 1.5
  • Apx Sq Ft 1: 1250
  • Rent 1: 2500
Unit 2 Details
  • Unit #/Address - 2: 1423
  • Dining Room 2: No
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 3
  • Bathrooms 2: 1.5
  • Apx Sq Ft 2: 1250
  • Rent 2: 2500
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
Additional Information
Additional Information
  • Fireplace: No

Property History for 1423 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1423 4th Avenue

Taxable ValueLand$129,862Additions$303,013Total$432,875
Tax Record2023$8,110 ($676 / month)
Home Facts
Total Finished SqFt2,517 SqFtAbove Grade Finished SqFt2,517 SqFtStories2Lot Size4,500 SqFtStyleDuplexYear Built1912CountyALAMEDAAPN20-132-8-1

Schools near 1423 4th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
La Escuelita Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland High School
Public9 to 12

Dewey Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1423 4th Avenue is a multi-family home for sale in Oakland, CA 94606. This property was listed for sale on September 25, 2024 by Open Realty, it's currently listed at $1,020,000. This listing's school district is Oakland Unified School District. Nearby schools include La Escuelita Elementary School, Westlake Middle School and Oakland High School. 1423 4th Avenue is a 6-bed, 3-bath, 2,517 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Open Realty, Huiqing Zhu, DRE #02217648; Open Realty, Bin Zhou, DRE #01984918

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.