449 Merritt AveOakland, CA 94610

Description

Rare opportunity to own a beautifully newly remodeled five-unit property totaling 21 bedrooms and 16 bathrooms in one of Oakland's most desirable neighborhoods, just a block away from Lake Merritt. This home is also equipped with 5 parking spaces with an EV charger for each parking spot, sunrooms and balconies. This turnkey asset has been extensively renovated with modern finishes, making it an ideal investment for both seasoned and first-time multifamily buyers. Several units enjoy stunning lake and city skyline views, providing an attractive living experience for tenants. Thoughtfully updated interiors feature contemporary kitchens, renovated bathrooms, stylish flooring, designer lighting, and quality finishes throughout. Large windows fill the living spaces with natural light, creating bright and inviting homes. Situated in a prime location, residents can enjoy easy access to Lake Merritt's scenic walking paths, parks, restaurants, cafes, shopping, public transportation, and major commuter routes. The combination of a highly desirable location, extensive renovations, and impressive views makes this property a standout investment with strong rental appeal.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1959

Living area

10,926 Sq Ft

Garage spaces

5

Days on market

66

MLS^® Listing#

ML82056106

Property Features

Cooling

None

Heating

Central · Forced Air

Pool

None

Parking

Attached

Foundation

Slab

Roof

Flat

Security

Secured Garage/Parking

Utilities

Natural Gas Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$69,000

Parcel number

234142