1718 6th AVE, Oakland, CA 94606
- $745,000
- 4
- BD
- 2,428
- SqFt
Listed by Tony Zizzo, 650-770-8356 from Compass
(If provided) CoList: Ray Rodriguez from Compass
- List Price
- $745,000
- Price Change
- ▼ $50,000 1783735455
- Closing Date
- Aug 06, 2026
- MLS#
- ML82049153
- Status
- CONTINGENT
- Zoning
- Residential Multifamily
- Sqft. of Residence
- 2,428
- Lot Size
- 3,750
- Listing Area
- Oakland Zip Code 94606
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.
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Additional Information
- Amenities
- Other
- Cooling System
- Other
- Floor Covering
- Carpet, Tile
- Foundation
- Concrete Perimeter, Crawl Space
- Garage Parking
- On Street, Uncovered Parking
- Heating System
- Wall Furnace
- Living Area
- 2,428
- Lot Description
- Paved
- Lot Size
- 3,750
- Neighborhood
- Oakland Zip Code 94606
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch, Tar and Gravel
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- Residential Multifamily
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