37.8077239990234 -122.24634552002

568 - 574 Merritt Avenue Oakland, CA 94610

314286554 37.8077239990234 -122.24634552002 151 /listing/314286554-150290062/568-574-merritt-avenue-oakland-ca-94610 False 0 1795000.0000 3622 105 422652468 False
  • $1,795,000
  • 3,622 sqft
  • 3,941 lot
  • Est payment $9635.95/mo

Property & Neighborhood Info

Courtesy Of Keith Manson, CBRE

Multi-Family in Oakland

568-574 Merritt Ave is a huge, pride of ownership 4-plex with classic 1920's character centrally located in Cleveland Heights. Built in 1925, the 3,622 SF structure is situated on a 3,941 SF lot. The property has an ideal unit mix of 4 large 1-bedroom, 1-bathroom units that provide the potential opportunity to add bedrooms and convert to 2-bedroom units. The units average approximately 905 SF each. Every unit is individually metered for gas & electric. The property also features 4 secured garages that can be rented out for additional income. The garages provide the potential opportunity to complete an accessory dwelling unit (ADU) conversion & increase the total unit count. The property is also located in the RU-2 Zoning District which may allow for the addition of units. The in place rents are approximately 22% below market rate and provide the opportunity to increase the NOI by 65%.

Courtesy Of Keith Manson, CBRE
  1. 3,622 Sq. Ft.
  2. 3,941 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1925
  • Garage: 4.0
  • Floors: 3
  • Rooms: 17
  • County: Alameda
  • Units: 4
  • MLS Number:422652468

Additional Features

  • Appliances:
    • Free Standing Freezer
    • Free Standing Gas Oven
    • Free Standing Gas Range
    • Free Standing Refrigerator
    • Gas Water Heater
  • Building Features:
    • Yard Space
  • Condition:
    • Original
    • Varies by Unit
  • Construction:
    • Frame
    • Lap Siding
    • Stucco
    • Wood
  • Flooring:
    • Carpet
    • Linoleum
    • Tile
    • Wood
  • Foundation:
    • Concrete
    • Concrete Perimeter
    • Piling
  • Heating:
    • Radiant
    • Steam
  • HOA:
    • No
  • Laundry:
    • In Each Unit
    • Washer/Dryer Hookups
  • Lot Description:
    • Shape Regular
  • Parking Description:
    • Attached
    • Garage
  • Porch/Patio:
    • Balcony/Deck
    • Varies by Unit
  • Property Type:
    • Residential Income
  • Roofing:
    • Composition
    • Shingle
  • Security Features:
    • See Remarks
  • Sewer:
    • Public Sewer
  • Tenant Pays:
    • Electricity
    • Gas
  • Water:
    • Public
    • See Remarks
  • Window Features:
    • Bay Window(s)
    • See Remarks
  • Listing Agent License Number:
    • 01490046
  • Parking Spaces:
    • 4.00
  • Tax ID:
    • 023-0420-020
  • Total Acres:
    • 0.0905
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
37.8077239990234 -122.24634552002

568 - 574 Merritt Avenue Oakland, CA 94610

314286554 37.8077239990234 -122.24634552002 151 /listing/314286554-150290062/568-574-merritt-avenue-oakland-ca-94610 False 0 1795000.0000 3622 105 422652468 False
  • $1,795,000
  • 3,622 sqft
  • 3,941 lot
  • Est payment $9635.95/mo