1455 1St Avenue

  • Oakland

  • $4,600,000
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Residential Income Details

Description
HUGE PRICE REDUCTION! Originally constructed in 1912, 1455 1st Avenue is a prime-located, 18-unit apartment building located in the East Lake/ Merritt neighborhood of Oakland. The well-maintained property offers the right investor an opportunity to take a charming building in an A+ location to the next level. The Morakot Apartment's boast a unit mix of six (6) Studios, six (6) Large Studios and six (6) 1 bedroom apartments. The large units feature new carpet and hardwood floors, lots of natural light, and opportunity for higher occupancy levels. The unique unit mix ensures reliable turnover, twelve of the eighteen units have been renovated in the last 12 years.
Essential
MLS #AR18090510
Price$4,600,000
Number of Units18
Sale TypeStandard
Sub-TypeApartment
StatusActive
Listing BrokerageColdwell Banker George Realty
Listing AgentKao Phouasalit
Listing Agent BRE #01275487
Interior
FeaturesFormica Counters
FloorCarpet,Tile
AppliancesRefrigerator
HeatingWall Heater
FireplaceFamily Room
Exterior
ParkingOff Site,Off Street,Other,Street
Garage Spaces0
PoolNone
SpaNone
RoofingShingle
Community
Area699 - Not Defined
CommunityStreet Lighting
Address1455 1St Avenue
CityOakland
CountyAlameda
StateCA
ZipCode94606
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, September 18, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.