Apartment Building with Studio
For Sale
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1621 7th Ave, Oakland, CA 94606
Three-story Oakland apartment building with 11 studio units plus one two-bedroom and one one-bedroom unit.
Property SizeContact for details
Days on Market123
Property Features for 1621 7th Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
13
Building Details
Stories
3
Listing Agency:
Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By:
Monjid Aldiyyat · License #CA 01973084
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 2:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Drysdale Properties Oakland
Investment Insights
Based on property information with market context.
1621 7th Ave is a three-story apartment building in Oakland’s East Lake submarket. The unit mix includes 11 studio, one-bathroom units, 1 two-bedroom, one-bathroom unit, and 1 one-bedroom, one-bathroom unit. The property also offers potential for income improvement through turnover, renting additional parking spaces, and/or capital expenditures.
The asset is positioned near Lake Merritt and between the Lake Merritt and East Lake submarkets. The remarks note quick access to major highway arteries including I-580, I-880, and Highway 24, as well as public transportation connections via AC Transit, Fruitvale BART, and Lake Merritt BART.
With a lot size that provides opportunity for additional ADU construction, the property may support future redevelopment possibilities while maintaining a current residential income component.
The asset is positioned near Lake Merritt and between the Lake Merritt and East Lake submarkets. The remarks note quick access to major highway arteries including I-580, I-880, and Highway 24, as well as public transportation connections via AC Transit, Fruitvale BART, and Lake Merritt BART.
With a lot size that provides opportunity for additional ADU construction, the property may support future redevelopment possibilities while maintaining a current residential income component.
Key Highlights
- Three‑story Oakland apartment building with 11 studio units plus 1 two‑bedroom/1‑bath and 1 one‑bedroom/1‑bath
- Unit mix totals 13 units: 11 studios (1 bath each) plus 1 two‑bedroom (1 bath) and 1 one‑bedroom (1 bath)
- Located near Lake Merritt in Oakland’s East Lake submarket
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story Oakland apartment building with 11 studio units plus one two-bedroom and one one-bedroom unit.
Where is this apartment building located?
The property is located at 1621 7th Ave Oakland, CA.
What are key features of this property?
This property features: Three‑story Oakland apartment building with 11 studio units plus 1 two‑bedroom/1‑bath and 1 one‑bedroom/1‑bath; Unit mix totals 13 units: 11 studios (1 bath each) plus 1 two‑bedroom (1 bath) and 1 one‑bedroom (1 bath); Located near Lake Merritt in Oakland’s East Lake submarket
