6-Unit Apartment
For Sale
Contact for pricing
1608 Myrtle St, Oakland, CA 94607
Two structures sit on a corner lot with individual PG&E metering for each unit.
Property SizeContact for details
Days on Market144
Property Features for 1608 Myrtle St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
MKD Group
Listed By:
Marco Barretto · License #CA 02078316
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:53AM
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 MKD Group
Investment Insights
Based on property information with market context.
At 1608 Myrtle St in Oakland, this apartment property contains 6 units arranged within two structures on a corner lot. Each unit has a separate PG&E meter, providing unit-level utility metering.
The reported cap rate exceeds 8.5%. The property is exempt from soft-story retrofit requirements, and its sewer lateral complies with City of Oakland regulations. This sale offering combines a six-unit configuration with a two-structure layout and documented regulatory status.
The reported cap rate exceeds 8.5%. The property is exempt from soft-story retrofit requirements, and its sewer lateral complies with City of Oakland regulations. This sale offering combines a six-unit configuration with a two-structure layout and documented regulatory status.
Key Highlights
- 6 units across two structures
- Reported cap rate exceeding 8.5%
- Individual PG&E meter assigned to each unit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,469
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two structures sit on a corner lot with individual PG&E metering for each unit.
Where is this apartment building located?
The property is located at 1608 Myrtle St Oakland, CA.
What are key features of this property?
This property features: 6 units across two structures; Reported cap rate exceeding 8.5%; Individual PG&E meter assigned to each unit
