1430 7th Ave Oakland, CA 94606

Multi-Family (2-4 Units) MLS #: 41083135 Courtesy Of Keller Williams Realty Walnut Creek

$1,050,000

3 beds | 2,914 sq ft
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Estimated monthly payments: $4,590/mo.* (recalculate)

Property InformationDescription

For the marketing package, go to https://forms.gle/KkKudmgnZkEXC5kY7. 1430 7th Avenue is a well maintained, beautiful 7-unit (3, 1BR/1BA + 4, Studio) building that showcases Oakland s iconic Queen Anne Victorian architecture. Generating over $10,000/mo in gross profit with zero long-term tenants, this is a turnkey investment that delivers fantastic cashflow at $150K per unit. At 2,914 sq. ft., it includes an onsite laundry, basement storage for an additional income opportunity, and a driveway for 2-car tandem parking. In addition to 6 of the 7 units being remodeled, 1430 7th Ave was seismically retrofitted with permits in 2022 (bolts, steel placements, shearwalls, holddowns). Situated in the historic Clinton neighborhood and only a handful of blocks from Lake Merritt, tenants have everything they could ever need virtually on their doorstep. From bike paths and running trails to groceries and banking, there are no shortage of urban amenities to enjoy, including incredibly important public transit access (BART + AC Transit) and easy access to Highways 880 & 580. Do not miss your chance to add this meticulously maintained property to your portfolio.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Dryer
  • Architecture Style: Other
  • Exterior Type: Block, Concrete, Stucco
  • Floor Covering: Carpet, Tile, Vinyl
  • Heating System: Forced Air, Hot Water
  • Lot Size: 0.09 Acres

MAP & DIRECTIONS

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1430 7th Ave, Oakland, CA 94606
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School Information

1430 7th Ave, Oakland, CA 94606

Elementary School
Grades KG-5 | Public School
FRANKLIN ELEMENTARY SCHOOL
Oakland, CA 94606
915 Foothill Blvd
510.­874.3354
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
23:1
Total Students
586
Middle School
Grades 6-8 | Public School
ROOSEVELT MIDDLE SCHOOL
Oakland, CA 94606
1926 E 19th St
510.­535.2877
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
615
High School
Grades 9-12 | Public School
OAKLAND HIGH SCHOOL
Oakland, CA 94610
1023 MacArthur Blvd
510.­874.3676
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
1650
Other Nearby Schools Distance Type Grades School Rating
Metwest High School 0.4 mi Public 9-12 C-
La Escuelita School 0.4 mi Public KG-8 C-
Dewey Academy 0.4 mi Public 9-12 D-
Gateway To College At Laney College 0.7 mi Public 9-12 C
Cleveland Elementary School 0.8 mi Public KG-5 B-
Bella Vista Elementary School 0.9 mi Public KG-5 C-
American Indian Public Charter 0.9 mi Public 6-8 B-
American Indian Public Charter Ii 0.9 mi Public KG-8 B+
Lincoln Elementary School 0.9 mi Public KG-5 A-
Community School For Creative Education 1.0 mi Public KG-8 D+
Starlite Child Development Center 1.0 mi Private PK-TKG
Lambo Academy International 1.0 mi Private 9-12
Garfield Elementary School 1.0 mi Public PK-5 D+
Downtown Charter Academy 1.1 mi Public 6-8
Envision Academy For Arts & Technology 1.2 mi Public 6-12 C
Opportunity Academy 1.2 mi Public 10-12 D-
American Indian Public High School 1.2 mi Public 9-12 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Oakland, CA 94606

Median Age: 38.2
Married: 30%
Number of Households: 15,812
Households with Children: 19.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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