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450 Merritt Ave
Oakland, CA 94610
1 Block from Lake Merritt! · Multifamily Property For Sale
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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 |
Property Taxes
| Parcel Number | 023-0416-010-01 | Improvements Assessment | $289,719 |
| Land Assessment | $345,629 | Total Assessment | $635,348 |
Property Taxes
Parcel Number
023-0416-010-01
Land Assessment
$345,629
Improvements Assessment
$289,719
Total Assessment
$635,348
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