Oakland, CA 94610,520 Merritt Avenue
See all 25 photos
Oakland, CA 94610,520 Merritt Avenue
Oakland, CA 94610,520 Merritt Avenue
Oakland, CA 94610,520 Merritt Avenue
Oakland, CA 94610,520 Merritt Avenue

$2,600,000

Est. payment /mo

$2,659,000

2.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

520 Merritt Avenue Oakland, CA 94610

6,098 Sqft Lot

SOLD DATE : 09/30/2021

Key Details

Sold Price $2,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Lake Merritt

MLS Listing ID 40958068

Sold Date 09/30/21

HOA Y/N No

Year Built 1951

Lot Size 6,098 Sqft

Property Description

The LOH SISTERS Multifamily Team is pleased to offer 520 Merritt Avenue, a pride of ownership 5-unit property located above Lake Merritt on Cleveland Heights’ most coveted street. Extensive capital improvements completed in recent years: new roof; electrical upgrade; new copper plumbing; bolting & bracing; retaining wall; privacy fence; full exterior paint and more. 4 of the 5 units are generously sized at 910 square feet, one of which was successfully converted to a 2BD/1BA in 2019. Current unit mix is (4) 1BD/1BA (1) 2BD/1BA with the opportunity to immediately convert another unit to 2BD/1BA. Onsite coin laundry, storage lockers & carport. This is a rare opportunity to acquire a multi-unit building without depressed rents. Phenomenal location, proven stability, plus immediate upside! Email broker for OM.

Location

State CA

County Alameda

Interior

Heating Gravity

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer

Building

Lot Description Corner Lot

Others

Tax ID 234163

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by JENNIFER LOH • LOH Realty & Investments
Bought with JENNIFER LOH • LOH Realty & Investments

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.