$1,080,000 - 1501 First Ave., Oakland
- 4Beds
- 4Baths
- 0.06Acres
Oakland Home For Sale
Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 – Updated, freshly painted, new wall heater 1503 – Updated, refinished hardwood floors, new fixtures 1505 – New stove (not updated) 1507 – Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated—ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Exterior
- ExteriorStucco
- Lot DescriptionBack Yard, Corner Lot
- ConstructionStucco
Essential Information
- MLS® #41115716
- Price$1,080,000
- Bedrooms4
- Bathrooms4.00
- Acres0.06
- Year Built1924
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusPending
- Listing AgentMelanie Anderson
- Listing OfficeEastside West
Interior
- InteriorLaminate, Vinyl, Wood
- AppliancesGas Water Heater
- HeatingSee Remarks
Community Information
- Address1501 First Ave.
- SubdivisionLAKE MERRITT
- CityOakland
- CountyAlameda
- Zip Code94606
Additional Information
- Date ListedOctober 24th, 2025
- Days on Market77
- Short SaleN
- RE / Bank OwnedN
Price Change History for 1501 First Ave., Oakland, (MLS® #41115716)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – |
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Based on information from California Regional Multiple Listing Service, Inc. as of February 11th, 2026 at 8:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.