1430 7th Ave, Oakland, CA 94606
- $1,100,000
- 3
- BD
- 2,914
- SqFt
Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from
Sold listing courtesy of Ruth Goldstone from OBBREDO 02
- Sold Price
- $1,100,000
- List Price
- $1,050,000
- Closing Date
- Mar 18, 2025
- MLS#
- EB41083135
- Status
- SOLD
- Sqft. of Residence
- 2,914
- Lot Size
- 4,000
- Listing Area
- Oakland Zip Code 94606
Property Description
For the marketing package, go to https://forms.gle/KkKudmgnZkEXC5kY7. 1430 7th Avenue is a well maintained, beautiful 7-unit (3, 1BR/1BA + 4, Studio) building that showcases Oakland's iconic Queen Anne Victorian architecture. Generating over $10,000/mo in gross profit with zero long-term tenants, this is a turnkey investment that delivers fantastic cashflow at $150K per unit. At 2,914 sq. ft., it includes an onsite laundry, basement storage for an additional income opportunity, and a driveway for 2-car tandem parking. In addition to 6 of the 7 units being remodeled, 1430 7th Ave was seismically retrofitted with permits in 2022 (bolts, steel placements, shearwalls, holddowns). Situated in the historic Clinton neighborhood and only a handful of blocks from Lake Merritt, tenants have everything they could ever need virtually on their doorstep. From bike paths and running trails to groceries and banking, there are no shortage of urban amenities to enjoy, including incredibly important public transit access (BART + AC Transit) and easy access to Highways 880 & 580. Do not miss your chance to add this meticulously maintained property to your portfolio.
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Additional Information
- Acres
- 0.09
- Age
- 118
- Amenities
- Balcony/Patio, Window Covering(s)
- Days On Market
- Unknown
- Exterior Features
- Concrete
- Floor Covering
- Tile, Vinyl, Carpet - Wall to Wall
- Garage Parking
- Access - Side Yard
- Heating System
- Forced Air, Gas, Wall Furnace
- Laundry Facilities
- Washer, Community Facility, Dryer
- Living Area
- 2,914
- Lot Description
- Grade - Level
- Lot Size
- 4,000
- Neighborhood
- Oakland Zip Code 94606
- Numberof Units
- 7
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
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