1455 1st Ave, Oakland, CA, 94606
About This Home
1455 1st Avenue, an 18-unit apartment community situated in Oakland's Merritt neighborhood, one block from the eastern shore of Lake Merritt. The property occupies one of the East Lake's most accessible locations, less than one mile from the Lake Merritt BART station and Interstate 880, providing residents with direct connectivity to local Oakland employment centers, San Francisco, and the broader Bay Area. The property boasts a Walk Score of 92 and a Bike Score of 95, ratings that reflect immediate proximity to local amenities and shopping, including the Oakland City Center, Pacific Renaissance Plaza, and the high concentration of retail and dining found along Downtown Oakland and the Uptown corridors. 1455 1st Avenue features a unit mix of (12) Studios and (6) One-Bedroom/One-Bathroom units, a configuration well-suited to the area's predominant renter demographic of single occupants and couples seeking walkable, transit-oriented living. Tenant amenities include an on-site laundry facility, controlled gated access, and off-street parking. The combination of lakeside amenities, regional connectivity, and urban convenience positions 1455 1st Avenue to attract a robust and diverse renter pool. The property is an excellent opportunity for an owner/user or investor to acquire a well-located Oakland asset with over 14% potential rental upside.
Getting Around
Walker's Paradise
Excellent Transit
Biker's ParadiseSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 201294
- Special condition: Other
Lot
- Lot size: 7,841 sqft
- Features: Other
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
- Coastal 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 | $19,189 | $230,268 |
| Home Insurance * | $1,102 | $13,224 |
| Property Taxes | $6,372 | $76,464 |
| Electricity | $398 | $4,786 |
| Total | $27,061 | $324,732 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-23 | Listed for sale | $3,795,000 |
| 2023-10-25 | Listing removed | -- |
| 2023-10-17 | Listed for rent | $1,500 |
| 2023-10-17 | Listing removed | -- |
| 2023-10-05 | Listed for rent | $1,700 |
| 2021-02-15 | Listing removed | -- |
| 2021-01-16 | Listed for rent | $1,700 |
| 2004-12-23 | Sold | $1,475,000 |
| 2000-06-30 | Sold | $980,000 |
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