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1455 1st Ave
Oakland, CA 94606
The Johanna Apartments · Multifamily Property For Sale · 18 Units

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 11,006 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1912/2005
Parking Ratio 1.64/1,000 SF
Zoning R80, Oakland - Residential

Amenities

Unit Amenities

  • Heating

Site Amenities

  • Laundry Facilities

About 1455 1ST AVE , OAKLAND, CA 94606

Originally constructed in 1912, 1455 1st Avenue is an 18-unit apartment building situated in a prime location in the East Lake/Merritt neighborhood of Oakland. This well-maintained property offers the right investor an opportunity to take a charming building in an A+ location to the next level. The Morakot Apartments boast a unit mix of six (6) Studios, six (6) Large Studios, and six (6) 1 bedroom apartments. The large units feature new carpet and hardwood floors, lots of natural light, and opportunity for higher occupancy levels. The unique unit mix ensures reliable turnover, twelve of the eighteen units have been renovated in the last 12 years.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 12 - 500
1+1 6 - 750

Property Taxes

Property Taxes

Parcel Number
020-0129-004-00
Land Assessment
$752,641
Improvements Assessment
$1,293,149
Total Assessment
$2,045,790
  • Listing ID: 19332146

  • Date on Market: 4/24/2020

  • Last Updated:

  • Address: 1455 1st Ave, Oakland, CA 94606

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