$795,000

1718 6th Avenue, Oakland, CA 94606

  • 4 beds
  • 2,428 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $327/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fourplex in Oakland - 6.47% cap rate 1718 6th Avenue is a clean four-unit asset in the Clinton neighborhood offered at $795,000, with a pro forma cap rate of 7.83% at market rents. The building totals 2,428 square feet on a 0.09-acre lot and features a uniform mix of four 1BD/1BA apartments, keeping operations simple and occupancy steady. Ownership expenses are minimal. The owner is responsible only for trash, water, and sewer. All four units have separate gas and electric meters with no house meters on the building, meaning all tenant utilities are individually paid. The property sits within walking distance of Lake Merritt, Grand Avenue, and Lakeshore, with quick access to Kaiser Permanente, PG&E headquarters, Jack London Square, and Downtown Oakland. Nearby BART and freeway access to I-580 and I-880 provide straightforward commutes to San Francisco, Berkeley, and Silicon Valley. The vacant unit offers an immediate opportunity to renovate and lease at market rents, generating income growth from day one while the occupied units provide stability. The consistent unit mix and low expense structure make this equally suited to a seasoned investor or an owner-user looking to offset carrying costs with rental income.

Listing Status:
Active
Date Added:
May 29, 2026
Data Last Updated:
July 5, 2026 at 12:08AM
Listing Office:
Compass :
Listing Agent:
Tony Zizzo : 650-770-8356
MLS ID:
ML82049153
  • Flooring: Tile
  • A/C: Other
  • Heating: Wall Furnace
  • General: Other
  • School District: Oakland (510) 879-8111
  • County: Alameda
  • Zoning: Resi021022001101
  • Sewer: Public Sewer

This listing courtesy of Tony Zizzo , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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