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Berkshire Hathaway - Drysdale Properties
1501-7 First Ave., Oakland, CA 94606
- $965,000
- 3,083
- SqFt
- Sold Price
- $965,000
- List Price
- $1,080,000
- Status
- CLOSED
- MLS#
- 41115716
- Closing Date
- Feb 17, 2026
- Year Built
- 1924
- Property Type
- Quadruplex
- Living Area
- 3,083
- Lot Size
- 2,806
- Acres
- 0.06
- County
- Alameda
- Subdivision
- Lake Merritt
Property Description
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.
Additional Information
- Appliances
- Gas Water Heater
- Exterior
- Stucco
- Fireplace
- Yes
- Flooring
- Hardwood, Linoleum, Vinyl
- Lot Description
- Corner Lot
- Parking Features
- No Parking on Site
- Roof
- Bitumen
Mortgage Calculator
Listing courtesy of Melanie Anderson from Eastside West. 510-386-0813
Selling Office: Compass.
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