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1501 First Ave.

Oakland, CA 94606
  • $1,080,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: 41115716
UPDATED: 78 min ago
$1,080,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Melanie Anderson of Eastside West (510-220-5468)


Description

Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 " Updated, freshly painted, new wall heater 1503 " Updated, refinished hardwood floors, new fixtures 1505 " New stove (not updated) 1507 " Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated"ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169218265
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1501 First Ave. Oakland, CA 94606

  • Price: $1,080,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 78 min ago
  • ID#: 41115716
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1924
Built
Neighborhood:
Lake Merritt
County:
Alameda
Property Description
Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 " Updated, freshly painted, new wall heater 1503 " Updated, refinished hardwood floors, new fixtures 1505 " New stove (not updated) 1507 " Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated"ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
Exterior Features

Construction Materials Stucco Lot Features Back YardCorner Lot Parking Total 0

Interior Features

Appliances Gas Water Heater Cooling YN No Flooring LaminateVinylWood Heating See Remarks Heating YN Yes

Property Features

Association Fee 0 Insurance Expense 5890 Listing Service Full Service Listing Terms CashConventional Possession Close Of Escrow Property Sub Type Quadruplex Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Melanie Anderson of Eastside West (510-220-5468)