1501 First Ave., Oakland, CA 94606

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1501 First Ave.,Oakland, CA 94606
$1,080,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Nov 09
    02:00 pm - 04:00 pm
Listed by:melanie anderson
Office:eastside west
MLS#:41115716
Source:CRMLS

Price summary

  • Price:$1,080,000

About this home

Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 – Updated, freshly painted, new wall heater 1503 – Updated, refinished hardwood floors, new fixtures 1505 – New stove (not updated) 1507 – Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated—ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.

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Home facts

  • Year built:1924
  • Listing ID #:41115716
  • Added:7 day(s) ago
  • Updated:November 01, 2025 at 01:22 PM

Structure and exterior

  • Year built:1924
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$1,080,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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