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479 Merritt Ave
Oakland, CA 94610
Multifamily Property For Sale
·
25 Units
Investment Highlights
- Four units delivered vacant
- Phenomenally located apartment property with income upside realized through unit renovation
- Steps away from Lake Merritt
- Impeccably maintained asset
- Transit oriented location - 1.7 miles to Lake Merritt BART, AC Transit, and easy access to major highways
- On-site laundry, parking garage, bike station, and two shared patios with amazing views of Lake Merritt
Property Facts
| No. Units | 25 | Building Size | 14,523 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.28/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 14,523 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 0.28/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | - | 300 |
| 1+1 | 12 | - | 456 |
Property Taxes
| Parcel Number | 023-0415-005-00 | Improvements Assessment | $511,217 |
| Land Assessment | $390,944 | Total Assessment | $913,811 |
Property Taxes
Parcel Number
023-0415-005-00
Land Assessment
$390,944
Improvements Assessment
$511,217
Total Assessment
$913,811
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