1718 6th Avenue, Oakland, CA 94606
Local realty services provided by:ERA Carlile Realty Group
1718 6th Avenue,Oakland, CA 94606
$745,000
- - Beds
- - Baths
- 2,428 sq. ft.
- Multi-family
- Active
Listed by: tony zizzo, ray rodriguez
Office: compass415-345-3000
MLS#:ML82049153
Source:CRMLS
Price summary
- Price:$745,000
- Price per sq. ft.:$306.84
About this home
Fourplex in Oakland - 6.47% cap rate 1718 6th Avenue is a clean four-unit asset in the Clinton neighborhood offered at $795,000, with a pro forma cap rate of 7.83% at market rents. The building totals 2,428 square feet on a 0.09-acre lot and features a uniform mix of four 1BD/1BA apartments, keeping operations simple and occupancy steady. Ownership expenses are minimal. The owner is responsible only for trash, water, and sewer. All four units have separate gas and electric meters with no house meters on the building, meaning all tenant utilities are individually paid. The property sits within walking distance of Lake Merritt, Grand Avenue, and Lakeshore, with quick access to Kaiser Permanente, PG&E headquarters, Jack London Square, and Downtown Oakland. Nearby BART and freeway access to I-580 and I-880 provide straightforward commutes to San Francisco, Berkeley, and Silicon Valley. The vacant unit offers an immediate opportunity to renovate and lease at market rents, generating income growth from day one while the occupied units provide stability. The consistent unit mix and low expense structure make this equally suited to a seasoned investor or an owner-user looking to offset carrying costs with rental income....
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Home facts
- Year built:1955
- Listing ID #:ML82049153
- Added:62 day(s) ago
- Updated:July 31, 2026 at 11:07 AM
Rooms and interior
- Flooring:Carpet, Tile
- Living area:2,428 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Flat, Tar Gravel
- Year built:1955
- Building area:2,428 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Paved
- Foundation Description:Concrete Perimenter
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$745,000
- Price per sq. ft.:$306.84
- Tax amount:$9,520
Parking
- Total parking spaces:2
- Parking description:Uncovered
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