For Sale / CA / Alameda County / Oakland / 94610 / 450 Merritt Ave

450 Merritt Ave Oakland, CA 94610

  • For Sale $3,500,000

  1. 0 full, 0 partial baths
  2. 12,344 sq ft
  3. 8,276 sq ft lot
450 Merritt Avenue, a nine-unit multifamily property located in the heart of Oakland's Cleveland Heights neighborhood. The property consists of six -1,260 square foot 2 bedroom, 2 bathroom units and three -1,050 square foot 2 bedroom, 1.5 bathroom units. The building sits above ten garage spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers on-site laundry, tenant storage lockers, and balconies with sweeping views. In addition, the property offers a significant value-add component allowing the new owner impressive upside potential upon unit turnover and capital improvement work. This is truly a rare opportunity to purchase a trophy asset in an A+ location.
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Property details

Bathrooms
0 full, 0 partial
Square footage
12,344 sq ft
Lot size
8,276 sq ft lot
Year built
1957
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
40894927
Listed by
Timothy Warren, JOSEPH M. TAPIA, BROKER

MLS details

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This data was last updated on March 17, 2020 1:02:13 PM PDT.


Location

Neighborhood
Cleveland Heights
Subdivision
Oakland Zip Code 94610
County
Alameda County
450 Merritt Ave, Oakland, CA 94610

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