1718 6Th Ave

Oakland, CA 94606

$845,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1955

calendar_month Built

Property 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 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.

Listing Information

List Price $845,000
Status Active
MLS 41069741
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1955
Lot Size 3,750
Structure Size N/A
DOM 7
Courtesy Of The Pinza Group, Inc
Listing Agent Steven Pinza DRE#01867691

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type See Remarks

Exterior Information

Maps

Listing information courtesy of: Steven Pinza, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 21st, 2024 at 12:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.