450 Merritt Avenue, a nine-unit multifamily property located in the heart of Oakland's Cleveland Heights neighborhood. The property consists of six ~1,260 square foot 2 bedroom, 2 bathroom units and three ~1,050 square foot 2 bedroom, 1.5 bathroom units. The building sits above ten garage spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers on-site laundry, tenant storage lockers, and balconies with sweeping views. In addition, the property offers a significant value-add component allowing the new owner impressive upside potential upon unit turnover and capital improvement work. This is truly a rare opportunity to purchase a trophy asset in an A+ location.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
