1625 7th Ave, Oakland, CA, 94606
About This Home
1625 7th St Oakland, California, 94606 Land - 4,125 Sqft Building Area - 1498 Sqft 3 unit apartment - FULLY OCCUPIED Unit 1629 - 2 Beds and 1 bath, 592 Sqft, $1,800/ month Unit 1627 - 2 Beds, 1 Bath, 540 Sqft, $1,800/ month Unit 1625 - Studio, 366 Sqft, $800/ month Possible ADU 1/1 for Unit D Amenity-Rich, Fully Occupied Investment Opportunity Near Lake Merritt Ideally located at 1625 7th Ave in Oakland, this property is just a short 9-minute walk to Lake Merritt, renowned for its iconic “Necklace of Lights.” Residents enjoy immediate access to scenic walking paths, outdoor recreation, and one of the East Bay’s most vibrant lifestyle destinations. This fully occupied 3-unit apartment building offers an exceptional opportunity for both investors and owner-occupants, live in one unit while generating steady rental income from the others. The property benefits from excellent connectivity, with convenient access to BART, major freeways, and key employment centers. Its central location places tenants just minutes from Downtown Oakland, Uptown, and Berkeley, enhancing its long-term rental appeal. Designed for operational efficiency and ease of management, each unit is individually metered for gas and electricity, reducing owner expenses and simplifying utility allocation. Recent capital improvements include a new roof completed in October 2019, providing added peace of mind and minimizing near-term maintenance costs.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1908
Materials
- Roof: Composition,Other
- Construction materials: Aluminum Siding,Concrete,Wood,Glass
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Triplex
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Flooring: Laminate,Tile,Vinyl,Carpet
Heating & Cooling
- Heating features: Natural Gas,Other,Hot Water
- Cooling features: Other
Interior Area
- Total structure area: 1,498
- Total interior livable area: 1,498 sqft
Property
Details
- Parcel number: 0200187004
- Attached to another structure: Yes
- Special condition: Standard
- Other equipment: None
Features
- Patio & porch: Deck,Patio,Front Porch,Porch,Porch Steps,Balcony/Patio
- Exterior features: Balcony,Low Maintenance,Garden
- Fencing: Chain Link
Lot
- Lot size: 3,920 sqft
- Features: Level,Other,Back Yard,Landscaped,Landscape Back,Landscape Front,Yard Space
Parking
- Parking features: None,Off Street,Side Yard Access,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $475 | $5,700 |
| Electricity | $398 | $4,786 |
| Total | $4,882 | $58,584 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $750,000 |
| 2025-03-19 | Sold | $200,000 |
| 2025-02-18 | Listed for sale | $649,000 |
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