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450 Merritt Ave
Oakland, CA 94610
1 Block from Lake Merritt! · Multifamily Property For Sale
·
9 Units

PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 12,344 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 12,344 SF |
| No. Stories | 3 |
| Year Built | 1957 |
| Parking Ratio | 0.81/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Carpet
- Breakfast Nook
- Deck
- Dining Room
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Trash Pickup - Curbside
- Storage Space
ABOUT 450 MERRITT AVE , OAKLAND, CA 94610
[DO NOT DISTURB TENANTS OR WALK ONTO PROPERTY. Contact LA for showing and more information. 2 units (2 bed/2 bath) are currently vacant. See marketing package for more information/financials.] On the market for the 1st time in over 30 years, this is a extremely rare opportunity to acquire a core asset with tremendous upside in one of the most highly desired locations in Oakland. Unit mix includes a VERY SPACIOUS 9 units: (6) 2x2 units (two units of this type are currently vacant) and (3) 2x1.5 units. 6 units have balconies. Each unit includes garage parking. Approximately 83.55% of embedded rental upside currently available!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 9 | - | 1,295 |
LINKS
PROPERTY TAXES
| Parcel Number | 023-0416-010-01 | Improvements Assessment | $289,719 |
| Land Assessment | $345,629 | Total Assessment | $635,348 |
PROPERTY TAXES
Listing ID: 12118880
Date on Market: 4/2/2018
Last Updated:
Address: 450 Merritt Ave, Oakland, CA 94610
The Cleveland Heights Multifamily Property at 450 Merritt Ave, Oakland, CA 94610 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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