Merritt Ave, Oakland, CA, 94610
About This Home
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.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1959
Materials
- Foundation: Slab
- Roof: Flat
Type & Style
- Home type: MultiFamily
- Property subType: Five Or More Units,Residential Income
Interior
Bedrooms & Bathrooms
- Bedrooms: 21
- Bathrooms: 16
Heating & Cooling
- Heating features: Central Forced Air
- Cooling features: None
Interior Area
- Total structure area: 10,926
- Total interior livable area: 10,926 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 234142
- Zoning: RU-2
- Special condition: Standard
Lot
- Lot size: 6,600 sqft
Parking
- Total spaces: 5
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
- Carport: 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 | $31,350 | $376,200 |
| Home Insurance * | $1,184 | $14,208 |
| Property Taxes | $3,926 | $47,112 |
| Electricity | $2,342 | $28,115 |
| Total | $38,802 | $465,624 |
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 |
|---|---|---|
| 2026-07-31 | Listed for sale | $6,200,000 |
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