1718 6th Avenue

Oakland, CA 94606

$845,000
Price
Beds
2,428 Sq. Ft.
$348 / Sq. Ft.
2,428
Sq. Ft.
$348
per Sq. Ft.

Description

www.pinzaoaklandportfolio.com; 1718 6th Ave is a distinguished fourplex in Oakland's sought-after Clinton neighborhood. The property offers four 1bd/1bth units approx. 650 SF each. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. One unit, set...www.pinzaoaklandportfolio.com; 1718 6th Ave is a distinguished fourplex in Oakland's sought-after Clinton neighborhood. The property offers four 1bd/1bth units approx. 650 SF each. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. One unit, set to be delivered vacant, presents a perfect opportunity for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. 11.47 GRM; 8.80 Market GRM Email agent on property website for more info.
  1. Listed by Steven Pinza • DRE #01867691 • The Pinza Group, Inc

Property Details for 1718 6th Avenue

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Other
Park Spaces Total
4
LISTING UPDATED: 08/21/2024 01:19 AM

Property Details for 1718 6th Avenue

StatusActive
MLS #41069741
Days on Compass99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1955
Lot Size0.09 AC / 3,750 SF
CountyAlameda County

Building Information for 1718 6th Avenue

Stories-Residences4Year Built1955Building Size-Lot Size0.09 AC / 3,750 SF

Property Information for 1718 6th Avenue

Features
Feature Details
  • Flooring: Other
  • Laundry: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 3750
  • Lot Size Square Feet: 3750.0
  • Roof: Other
  • Sq Ft Apx: 2428
  • Yard Description: Other
  • Year Built: 1955
  • Acres: 0.07
Location Details
  • Directions to Property: Google Maps
  • FIPS Code: 06001
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: Other
  • Parking Description: Other
  • Existing Lease Terms: Other
  • Tenant Pays: Other
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
Additional Information
Additional Information
  • Fireplace: No

Property History for 1718 6th 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 1718 6th Avenue

Taxable ValueLand$167,900Additions$391,768Total$559,668
Tax Record2024$10,885 ($907 / month)
Home Facts
Total Finished SqFt2,428 SqFtAbove Grade Finished SqFt2,428 SqFtStories2Lot Size3,750 SqFtStyleQuadraplexYear Built1955CountyALAMEDAAPN21-220-11-1

Schools near 1718 6th 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

Metwest High School
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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1718 6th Avenue is a multi-family home for sale in Oakland, CA 94606. This property was listed for sale on August 14, 2024 by The Pinza Group, Inc, it's currently listed at $845,000. This listing's school district is Oakland Unified School District. Nearby schools include La Escuelita Elementary School, Westlake Middle School and Oakland High School. 1718 6th Avenue is a 0-bed, 0-bath, 2,428 sqft multi-family home built in 1955.

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 The Pinza Group, Inc, Steven Pinza, DRE #01867691

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.