1718 6th Avenue
$845,000
—
2,428
2,428
$348
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.
- Listed by Steven Pinza • DRE #01867691 • The Pinza Group, Inc
Property Details for 1718 6th Avenue
City
OAKLAND
Building TypeFOURPLEX
Property Sub TypeFOURPLEX
Garage/ParkingOther
Park Spaces Total4
LISTING UPDATED: 08/21/2024 01:19 AM
Property Details for 1718 6th Avenue
Status | Active |
---|---|
MLS # | 41069741 |
Days on Compass | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1955 |
Lot Size | 0.09 AC / 3,750 SF |
County | Alameda County |
Building Information for 1718 6th Avenue
Stories-Residences4Year Built1955Building Size-Lot Size0.09 AC / 3,750 SF
Property Information for 1718 6th Avenue
Property History for 1718 6th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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