Nine-Unit Multifamily
For Sale
Contact for pricing
450 Merritt Ave, Oakland, CA 94610
Nine-unit multifamily property with on-site laundry, tenant storage lockers, and balconies, including units with two and 1.5 bathrooms.
Property SizeContact for details
Days on Market135
Property Features for 450 Merritt Ave
General Information
Standard status
Active
Class
Trophy
Total Parking Spaces
10
Property subtype
Multifamily
Additional Details
Multifamily Units
9
Amenities
on-site laundry
tenant storage lockers
balconies
Building Details
Tenancy
Multi
Listing Agency:
NAI Northern California
(510) 919-4919
Listed By:
Randell Silva · License #CA 02064884
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 3:59PM
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 NAI Northern California
Investment Insights
Based on property information with market context.
450 Merritt Avenue is a nine-unit multifamily property featuring six 2-bedroom, 2-bath units and three 2-bedroom, 1.5-bath units. The building is constructed above ten garage spaces, and the units are supported by on-site laundry. Additional tenant conveniences include storage lockers and balconies.
The property is located in Oakland’s Cleveland Heights neighborhood. The remarks also note a value-add component associated with unit turnover and capital improvement work.
From a tenant-setup perspective, the mix of unit layouts and the above-garage configuration provide multiple income-producing housing options within a single building.
The property is located in Oakland’s Cleveland Heights neighborhood. The remarks also note a value-add component associated with unit turnover and capital improvement work.
From a tenant-setup perspective, the mix of unit layouts and the above-garage configuration provide multiple income-producing housing options within a single building.
Key Highlights
- 9‑unit multifamily property in Oakland’s Cleveland Heights neighborhood
- Unit mix includes six 2BD/2BA units and three 2BD/1.5BA units
- Building is set above 10 garage spaces, creating an additional revenue source
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
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 - Nine-unit multifamily property with on-site laundry, tenant storage lockers, and balconies, including units with two and 1.5 bathrooms.
Where is this apartment building located?
The property is located at 450 Merritt Ave Oakland, CA.
What are key features of this property?
This property features: 9‑unit multifamily property in Oakland’s Cleveland Heights neighborhood; Unit mix includes six 2BD/2BA units and three 2BD/1.5BA units; Building is set above 10 garage spaces, creating an additional revenue source
