8-Unit Apartment
For Sale
Contact for pricing
1520 1st Ave, Oakland, CA 94606
Downtown Oakland multifamily property near Lake Merritt with a varied residential unit mix and renovation flexibility.
Property SizeContact for details
Days on Market145
Property Features for 1520 1st Ave
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
3 x 2BR/1BA, 3 x 1BR/1BA, 2 x studio/1BA
Multifamily Units
8
Listing Agency:
Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By:
Monjid Aldiyyat · License #CA 01973084
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:23PM
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.
This 8-unit apartment property includes three 2-bedroom, 1-bathroom residences, three 1-bedroom, 1-bathroom units, and two studio apartments with 1 bathroom each. The configuration provides a range of residential layouts within one multifamily asset.
At closing, up to 7 of the 8 units may be delivered vacant, creating flexibility for renovation or new leasing plans. The property is in Downtown Oakland near Lake Merritt and may support construction of an Additional Dwelling Unit (ADU) along with an onsite laundry room, subject to applicable approvals.
At closing, up to 7 of the 8 units may be delivered vacant, creating flexibility for renovation or new leasing plans. The property is in Downtown Oakland near Lake Merritt and may support construction of an Additional Dwelling Unit (ADU) along with an onsite laundry room, subject to applicable approvals.
Key Highlights
- 8‑unit multifamily property in Downtown Oakland near Lake Merritt
- Unit mix includes 3 two‑bedroom, 1‑bathroom residences; 3 one‑bedroom, 1‑bathroom units; and 2 studio apartments with 1 bathroom each
- Up to 7 of 8 units may be delivered vacant at close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,235
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 - Downtown Oakland multifamily property near Lake Merritt with a varied residential unit mix and renovation flexibility.
Where is this apartment building located?
The property is located at 1520 1st Ave Oakland, CA.
What are key features of this property?
This property features: 8‑unit multifamily property in Downtown Oakland near Lake Merritt; Unit mix includes 3 two‑bedroom, 1‑bathroom residences; 3 one‑bedroom, 1‑bathroom units; and 2 studio apartments with 1 bathroom each; Up to 7 of 8 units may be delivered vacant at close of escrow
