1501-7 First Ave., Oakland, CA 94606

Local realty services provided by:ERA North Orange County Real Estate
1501-7 First Ave.,Oakland, CA 94606
$1,080,000
  • - Beds
  • - Baths
  • 3,083 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Oct 26
    02:00 pm - 04:00 pm
  • Mon, Oct 27
    11:00 am - 01:00 pm
Listed by:melanie anderson(510) 386-0813
Office:eastside west
MLS#:41115716
Source:CAREIL

Price summary

  • Price:$1,080,000
  • Price per sq. ft.:$350.31

About this home

Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 – Updated, freshly painted, new wall heater 1503 – Updated, refinished hardwood floors, new fixtures 1505 – New stove (not updated) 1507 – Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated—ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.

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Home facts

  • Year built:1924
  • Listing ID #:41115716
  • Added:1 day(s) ago
  • Updated:October 25, 2025 at 04:31 PM

Rooms and interior

  • Living area:3,083 sq. ft.

Heating and cooling

  • Cooling:No Cooling

Structure and exterior

  • Year built:1924
  • Building area:3,083 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:City/Public, Gas Water Heater

Finances and disclosures

  • Price:$1,080,000
  • Price per sq. ft.:$350.31
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