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.
MLS #
EB41069741
MLS Source
Bridge MLS
Days on Site
130
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Water
Other
Complex Amenities
None
1718 6th Ave is a Residential Income in Oakland, CA 94606. This 2,428 square foot property sits on a 3,750 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $845,000 and was built in 1955.
This address can also be written as 1718 6th Ave, Oakland, CA 94606.©2024 Bridge MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of August 21, 2024. For the most current information, please contact Steven Pinza, (510) 725-4775