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1506 4th Ave Oakland, CA, 94606
$3,295,000 Commercial for sale Lowrise (1-3 Flrs)
1506 4th Avenue is a well-maintained 14-unit apartment building located just three blocks from Lake Merritt. The property consists of one (1) 3-bedroom, 1.5-bathroom unit, two (2) 2-bedroom, 1-bathroom units, ten (10) 1-bedroom, 1-bathroom units, and one (1) studio unit showcasing the perfect balance of vintage charm and modern updates. The property offers beautiful 1920s architecture, four secured parking spaces, and an on-site laundry facility. This is a rare opportunity to acquire a true pride of ownership property in such a coveted location. The property is located three blocks from Lake Merritt in the East Lake neighborhood of Oakland. This ideal location provides easy access to both Downtown Oakland and the Grand Lake neighborhood offering the convenience of endless restaurants, grocery stores, and nightlife, all within walking distance. Commuters will appreciate the close proximity of city bus lines and the Lake Merritt BART Station, just a short walk away, allowing access to the entire Bay Area.
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Property details
9,752 sqft interior area
Land area
6,500 sqft (0.15 acres)
Days on Verhouse
193
Address
1506 4th Ave, Oakland, CA, 94606
City of California
Oakland
County
Alameda
Previous price
$3,295,000
Year Built
1925
District
Listing
Nearby major retailers
Public Storage
7-Eleven
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Kohl's
Whole Foods Market
Pet Food Express
Petco
TJ Maxx
The Home Depot
Marshalls
Apple Store
Ross
AT&T
O'Reilly Auto Parts
T-Mobile
See's Candies
MetroPCS
Supercuts
AutoZone
Dollar Tree
Verizon Wireless
Pet food express
Nordstrom
GameStop
Toyota
7-eleven
Chevron Food Mart
GNC
Storage rental: 3
Convenience: 14
Chemist: 1
Supermarket: 11
Greengrocer: 3
Department store: 7
Pet: 7
Do it yourself: 2
Electronics: 1
Mobile phone: 14
Car parts: 7
Confectionery: 2
Hairdresser: 2
Variety store: 1
Video games: 1
Car repair: 1
Nutrition supplements: 1
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Interior Features
Hardwood, Carpet floors
Roof
Composition
Floor Covering
Hardwood, Carpet
Garage & Parking
On Street
Utilities Included
Individual Electric Meter, Individual Gas Meter
Appliances
Gas Water Heater
Basement
Other
Listed by
Timothy Warren, NAI Northern California
Name
Timothy Warren
License number
02008347
Brokerage company
NAI Northern California
MLS #
41044005
Payment calculator
Calculate your monthly payments
Mortgage
$10,117
Taxes
$0
HOA dues
$0
Mortgage
$659,000 / 20%
2.28%
30 years
Your amount
$10,117 / month
Exterior Features
Stucco construction and more
Construction
Stucco
Lot details
TMK #2017816
Lot Description
Corner Lot
Parcel nr.
2017816
94606 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 94606
42%
Families with children
National average: 39%
49%
Non family households
389,515
Population
$115,441
Average Income
Age & gender
Median age 38 years
More info
Commute types
56% commute by car
More info
Education level
30% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
45% have 1 vehicle
More info
Vehicles by gender
45% have 1 vehicle
More info
Housing market insights for
$1.13m
Neighborhood average
sales price*
sales price*
$903.28k
Neighborhood median
sales price*
sales price*
640
Number
of sales*
of sales*
Housing type
34% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
52% have 2 or 3 bedrooms
More info
Owners vs Renters
62% are renters
More info
17.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Nov 8, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 8, 2023 | New Listing | $3,295,000 | 0 | MLS #41044005 |
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Frequently Asked Questions about 1506 4th Ave
What is 1506 4th Ave?
1506 4th Ave is a Commercial/Industrial propertywith 9,752 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1506 4th Ave, Oakland, CA, 94606.
What comparable properties are nearby?
Comparable nearby commercial properties include 1520 1st Ave, 1455 1st Ave, 2345 Park Blvd, 1009 Madison St, 2712-2726 Park Blvd, 2710-2726 Park Blvd.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 16, 2024
Verhouse Last checked 8 minutes ago
The closest grocery stores are Lucky, 0.15 miles away and hk outlets, 0.72 miles away.
The 94606 zip area has a population of 389,515, and 42% of the families have children. The median age is 38.88 years and 56% commute by car. The most popular housing type is "single detached" and 62% is renter.
