Oakland, CA 94606-3080,1430 7th Ave
Oakland, CA 94606-3080,1430 7th Ave
Oakland, CA 94606-3080,1430 7th Ave
27
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$1,100,000
$1,050,000 4.8%
Est. payment /mo
Sold on 03/18/2025

1430 7th Ave Oakland, CA 94606-3080

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Deven Siggins
Deven Siggins

Agent | License ID: 01989481

+1(831) 508-9596

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Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,914 sqft

Price per Sqft $377

MLS Listing ID MR41082599

Sold Date 03/18/25

Bedrooms 1

Originating Board Bridge MLS

Year Built 1907

Lot Size 4,000 Sqft

Property Sub-Type Five or More Units

Property Description

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 0 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.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Forced Air, Gas, Wall Furnace

Flooring Tile, Vinyl, Carpet - Wall to Wall

Laundry Community Facility, Dryer

Exterior

Exterior Feature Concrete

Parking Features Access - Side Yard

Garage Spaces 2.0

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public

Others

Tax ID 20-136-12

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Joey Wang • Keller Williams Realty
Bought with Ruth Goldstone • OBBREDO 02

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agent

Deven Siggins

Agent | License ID: 01989481

+1(831) 508-9596

Name
Phone*
Message

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1430 7th Ave