Map of Property

1506 4th Avenue

1506 4th Avenue, Oakland, CA 94606

  • For Sale $3,295,000
  • Property Type Multi-Family
  • Property Size 9,752 SF
  • Units 14
  • Lot Size 0.15 Acre
  • Year Built 1925
  • Date Updated Apr 9, 2024
1506 4th Avenue is located two blocks from Lake Merritt in the East Lake neighborhood of Oakland. This ideal location provides easy access to both Downtown Oakland and the Grand Lake neighborhood offering the convenience of endless restaurants, grocery stores, and nightlife, all within walking distance. Commuters will appreciate the close proximity of city bus lines and the Lake Merritt BART Station, just a short walk away, allowing access to the entire Bay Area.The Mitchell Warren Team is pleased to present 1506 4th Avenue, a well-maintained 14-unit apartment building located just three blocks from Lake Merritt. The property consists of one (1) 3-bedroom, 1.5-bathroom unit, two (2) 2-bedroom, 1-bathroom units, ten (10) 1-bedroom, 1bathroom units, and one (1) studio unit showcasing the perfect balance of vintage charm and modern updates. The property offers beautiful 1920s architecture, four secured parking spaces, an on-site laundry facility, and two roof decks. This is a rare opportunity to acquire a true pride of ownership property in a coveted Oakland location.

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Highlights

  • Well Maintained 14-unit building just three blocks from Lake Merritt
  • Unit mix consists of (1) 3bd/1.5ba unit, (2) 2bd/1ba units, (10) 1bd/1ba units, and (1) studio unit
  • Amenities include four secured parking spaces, an on-site laundry facility, and two roof decks
  • Over $85,000 in annual rental upside allowing a new owner to maximize their return over time
  • 94 Walk Score, rated a "Walker's Paradise" by walkscore.com
  • 0.9 miles to Lake Merritt BART Station, offering complete Bay Area access

Contacts

broker

Kent Mitchell

NAI NorCal

(510) 548-2554

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    67/100 Good Transit

  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Oakland, CA
  • Neighborhood Merritt
  • Zip Code 94606
  • Market Bay Area

Points of Interest

  • Lake Merritt

    0.64 miles

  • Oakland-Jack London Square

    1.02 miles

  • Oakland City Center - 12th Street

    1.09 miles

  • 19th Street BART Street Elevator

    1.10 miles

  • 19th Street Oakland

    1.13 miles

  • Fruitvale

    2.23 miles

  • MacArthur

    2.31 miles

  • West Oakland

    2.35 miles

  • Rockridge

    3.29 miles

  • Emeryville

    3.66 miles

  • Shell

    0.10 miles

  • Alameda County Fueling Station

    0.72 miles

  • Shell

    0.78 miles

  • True Zero

    0.84 miles

  • Chevron

    0.84 miles

  • 76

    0.91 miles

  • 76

    0.99 miles

  • ChargePoint

    1.12 miles

  • Betts Lakeshore Chevron

    1.18 miles

  • eVgo

    1.18 miles

  • Regeneration Church

    0.10 miles

  • State of California

    0.12 miles

  • Sun Sang Supermarket

    0.29 miles

  • Disabled Parking Lot

    0.46 miles

  • Pho Ao Sen parking

    0.53 miles

  • Lake Chalet Employee Parking

    0.55 miles

  • Student Parking

    0.57 miles

  • Museum Parking Garage

    0.58 miles

  • Lake Chalet Valet Parking

    0.59 miles

  • Lake Chalet Parking

    0.60 miles

  • Americas Best Value Inn

    0.22 miles

  • Homewood Suites by Hilton Oakland-Waterfront

    0.63 miles

  • Civic Center Lodge

    0.66 miles

  • Continental Lodge

    0.70 miles

  • Best Western Plus Bayside Hotel

    0.85 miles

  • The Empyrean Towers

    0.93 miles

  • Executive Inn & Suites

    0.94 miles

  • Trending Inn

    0.97 miles

  • Ramada by Wyndham Oakland Downtown City Center

    0.99 miles

  • Hampton Inn

    0.99 miles

  • Pho Hiep Hung

    0.10 miles

  • Rockin Crawfish

    0.14 miles

  • Chai Thai Noodles

    0.15 miles

  • Happy Valley Resturant

    0.15 miles

  • La Estrellita

    0.15 miles

  • New King

    0.16 miles

  • Asia

    0.16 miles

  • Portal

    0.16 miles

  • Lee's Sandwiches

    0.17 miles

  • Church's Chicken

    0.17 miles

  • Bridge Academy

    0.26 miles

  • La Esquelita Education Center

    0.26 miles

  • Metwest High School

    0.28 miles

  • Dewey Academy

    0.29 miles

  • La Esquelita Elementary School

    0.29 miles

  • Franklin Elementary School

    0.41 miles

  • Laney College

    0.48 miles

  • Cleveland Elementary School

    0.69 miles

  • American Indian Public Charter School

    0.69 miles

  • Saint Anthony School

    0.74 miles

  • The Lake School

    0.32 miles

  • East Bay Academy

    0.33 miles

  • Laney College Child Care Center

    0.33 miles

  • Little Stars Pre-School

    0.68 miles

  • Starlite Child Development Center

    0.79 miles

  • Family Bridges Lake Merritt Child Care Center

    0.82 miles

  • Small Trans Depot

    1.12 miles

  • New Day Preschool

    1.31 miles

  • Snow White Pre School

    1.79 miles

  • Beach Schoolmates

    1.84 miles

Frequently Asked Questions

What is the lease rate for 1506 4th Avenue?

Rental asking rate at 1506 4th Avenue is $1,647,500.00/YR.

What is the total square footage of 1506 4th Avenue?

1506 4th Avenue totals 9,752 square feet.

When was this property built?

1506 4th Avenue was built in 1925.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Kent Mitchell

NAI NorCal

(510) 548-2554