Map of Property

1506 4th Avenue

For Sale

1506 4th Avenue, Oakland, CA 94606

This Oakland property for sale is located at 1506 4th Avenue. The current listed sale price for 1506 4th Avenue is $3,295,000. 1506 4th Avenue is situated on a lot that is 0.15 acre in size.

Contacts

broker

Kent Mitchell

NAI NorCal

(510) 548-2554

Property Details

  • Property Type Multi-Family
  • Property Size 9,752 SF
  • Units 14
  • Lot Size 0.15 Acre
  • Year Built 1925
  • Date Updated Apr 9, 2024
1506 4th Avenue is located two blocks from Lake Merritt in the East Lake neighborhood of Oakland. This ideal location provides easy access to both Downtown Oakland and the Grand Lake neighborhood offering the convenience of endless restaurants, grocery stores, and nightlife, all within walking distance. Commuters will appreciate the close proximity of city bus lines and the Lake Merritt BART Station, just a short walk away, allowing access to the entire Bay Area.The Mitchell Warren Team is pleased to present 1506 4th Avenue, a well-maintained 14-unit apartment building located just three blocks from Lake Merritt. The property consists of one (1) 3-bedroom, 1.5-bathroom unit, two (2) 2-bedroom, 1-bathroom units, ten (10) 1-bedroom, 1bathroom units, and one (1) studio unit showcasing the perfect balance of vintage charm and modern updates. The property offers beautiful 1920s architecture, four secured parking spaces, an on-site laundry facility, and two roof decks. This is a rare opportunity to acquire a true pride of ownership property in a coveted Oakland location.

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Highlights

  • Well Maintained 14-unit building just three blocks from Lake Merritt
  • Unit mix consists of (1) 3bd/1.5ba unit, (2) 2bd/1ba units, (10) 1bd/1ba units, and (1) studio unit
  • Amenities include four secured parking spaces, an on-site laundry facility, and two roof decks
  • Over $85,000 in annual rental upside allowing a new owner to maximize their return over time
  • 94 Walk Score, rated a "Walker's Paradise" by walkscore.com
  • 0.9 miles to Lake Merritt BART Station, offering complete Bay Area access

Getting around

  • 94/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland, CA
  • Neighborhood Merritt
  • Zip Code 94606
  • Market Bay Area

Points of Interest

  • Lake Merritt

    0.64 miles

  • Oakland-Jack London Square

    1.02 miles

  • Oakland City Center - 12th Street

    1.09 miles

  • 19th Street BART Street Elevator

    1.10 miles

  • 19th Street Oakland

    1.13 miles

  • Fruitvale

    2.23 miles

  • MacArthur

    2.31 miles

  • West Oakland

    2.35 miles

  • Rockridge

    3.29 miles

  • Emeryville

    3.66 miles

  • Shell

    0.10 miles

  • Alameda County Fueling Station

    0.72 miles

  • Shell

    0.78 miles

  • True Zero

    0.84 miles

  • Chevron

    0.84 miles

  • 76

    0.91 miles

  • 76

    0.99 miles

  • ChargePoint

    1.12 miles

  • Betts Lakeshore Chevron

    1.18 miles

  • eVgo

    1.18 miles

  • Regeneration Church

    0.10 miles

  • State of California

    0.12 miles

  • Sun Sang Supermarket

    0.29 miles

  • Disabled Parking Lot

    0.46 miles

  • Pho Ao Sen parking

    0.53 miles

  • Lake Chalet Employee Parking

    0.55 miles

  • Student Parking

    0.57 miles

  • Museum Parking Garage

    0.58 miles

  • Lake Chalet Valet Parking

    0.59 miles

  • Lake Chalet Parking

    0.60 miles

  • Americas Best Value Inn

    0.22 miles

  • Homewood Suites by Hilton Oakland-Waterfront

    0.63 miles

  • Civic Center Lodge

    0.66 miles

  • Continental Lodge

    0.70 miles

  • Best Western Plus Bayside Hotel

    0.85 miles

  • The Empyrean Towers

    0.93 miles

  • Executive Inn & Suites

    0.94 miles

  • Trending Inn

    0.97 miles

  • Ramada by Wyndham Oakland Downtown City Center

    0.99 miles

  • Hampton Inn

    0.99 miles

  • Lucky

    0.15 miles

  • hk outlets

    0.72 miles

  • Nature's Best Food

    0.74 miles

  • Cash & Carry

    0.79 miles

  • Hometown Grocery

    0.81 miles

  • Won Kee Supermarket

    0.83 miles

  • E & M Food Market

    0.91 miles

  • LG Supermarket

    0.93 miles

  • Trader Joe's

    1.01 miles

  • New Dic's Supermarket

    1.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kent Mitchell

NAI NorCal

(510) 548-2554